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(DCMSRIND) Dcm Shriram complete technical analysis [charts+indicators] | Buy/Sell Dcm Shriram | (DCMSRIND) share price targets

Complete technical analysis of Dcm Shriram (DCMSRIND) by charts plus indicators, forecast predictions and share price targets for Dcm Shriram (DCMSRIND)

Showing technical analysis as on 2024-06-04 View latest technical analysis

10 day averaged volume of Dcm Shriram is 414888

Date	Daily Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	193.45	221.00	221.00	184.00	1.426 times
03 Mon Jun 2024	218.80	215.60	223.80	213.90	0.696 times
31 Fri May 2024	212.55	209.95	215.00	208.85	0.293 times
30 Thu May 2024	209.70	216.00	219.95	208.25	0.457 times
29 Wed May 2024	216.60	214.65	221.10	211.60	0.711 times
28 Tue May 2024	214.65	228.75	229.90	211.65	1.053 times
27 Mon May 2024	226.55	228.00	235.15	218.00	2.449 times
24 Fri May 2024	227.80	229.75	231.70	223.55	0.753 times
23 Thu May 2024	229.20	229.00	234.25	224.50	0.848 times
22 Wed May 2024	229.75	228.45	232.95	224.30	1.376 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 198.9, but if it comes above 198.9, then a intra day buy could be more profitable.
If you take a sell trade below 198.9, then use 198.9 as stoploss and 184.1 as target. However if you take a buy trade in stock , then use 198.9 as stoploss and 211.33 as target.

Share price targets for Dcm Shriram (DCMSRIND)

Target Type	Value
Downside Target	158.00
Downside Target	182.65
Downside Target	190.25
Upside Target	197.65
Upside Target	208.25
Upside Target	223.80
Upside Target	224.00
Upside Target	228.00
Upside Target	234.25
Upside Target	235.15

Intraday share price targets for Dcm Shriram (DCMSRIND)

Target Type	Value
Downside Intraday Target	177.03
Downside Intraday Target	160.62
Upside Intraday Target	216.83
Upside Intraday Target	240.22
Upside Intraday Target	200.42

Weekly technical analysis of Dcm Shriram (DCMSRIND)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	193.45	215.60	223.80	184.00	0.428 times
31 Fri May 2024	212.55	228.00	235.15	208.25	1.143 times
24 Fri May 2024	227.80	220.00	234.25	215.00	1.326 times
18 Sat May 2024	219.70	198.20	224.00	190.25	1.606 times
10 Fri May 2024	195.25	208.00	210.05	192.70	0.392 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Dcm Shriram (DCMSRIND)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	193.45	215.60	223.80	184.00	0.132 times
31 Fri May 2024	212.55	207.45	235.15	190.25	1.117 times
30 Tue Apr 2024	206.55	186.40	211.90	183.40	1.203 times
28 Thu Mar 2024	183.20	194.95	197.65	158.00	0.529 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Dcm Shriram (DCMSRIND)

Price action analysis of Dcm Shriram ( (DCMSRIND) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Dcm Shriram ( (DCMSRIND) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Dcm Shriram ( (DCMSRIND) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Dcm Shriram ( (DCMSRIND) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Dcm Shriram stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Dcm Shriram in short term but the sell signal is initial and weak.

Dcm Shriram Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Dcm Shriram in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Dcm Shriram is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 218.96 and Dcm Shriram (DCMSRIND) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Dcm Shriram (DCMSRIND) stock. Volume based technical analysis of Dcm Shriram (DCMSRIND) stock is negative.

Dcm Shriram Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.