Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-08-16 View latest technical analysis

10 day averaged volume of Dcm Shriram is 203221

Date	Daily Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	196.62	198.00	198.83	195.11	0.238 times
14 Wed Aug 2024	194.71	200.35	201.10	192.00	0.487 times
13 Tue Aug 2024	198.46	203.99	205.00	196.98	0.893 times
12 Mon Aug 2024	202.95	200.00	204.15	196.41	0.661 times
09 Fri Aug 2024	201.16	203.65	205.65	198.75	0.828 times
08 Thu Aug 2024	202.05	207.40	208.46	198.60	1.904 times
07 Wed Aug 2024	209.49	214.50	214.90	206.00	1.48 times
06 Tue Aug 2024	204.57	209.20	214.50	204.00	0.861 times
05 Mon Aug 2024	208.02	201.18	211.49	201.18	1.738 times
02 Fri Aug 2024	217.20	215.10	221.22	212.28	0.664 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 201.8, but if it comes above 201.8, then a intra day buy could be more profitable.
If you take a sell trade below 201.8, then use 201.8 as stoploss and 191.8 as target. However if you take a buy trade in stock , then use 201.8 as stoploss and 210.23 as target.

Share price targets for Dcm Shriram (DCMSRIND)

Target Type	Value
Downside Target	183.40
Downside Target	190.25
Upside Target	198.60
Upside Target	205.00
Upside Target	211.00
Upside Target	222.89
Upside Target	226.75
Upside Target	231.90
Upside Target	235.15
Upside Target	242.50

Intraday share price targets for Dcm Shriram (DCMSRIND)

Target Type	Value
Downside Intraday Target	190.75
Downside Intraday Target	184.87
Upside Intraday Target	203.75
Upside Intraday Target	210.87
Upside Intraday Target	197.87

Weekly technical analysis of Dcm Shriram (DCMSRIND)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	196.62	200.00	205.00	192.00	0.334 times
09 Fri Aug 2024	201.16	201.18	214.90	198.60	1.777 times
02 Fri Aug 2024	217.20	218.97	226.75	212.28	0.773 times
26 Fri Jul 2024	218.97	211.50	226.75	199.00	0.915 times
19 Fri Jul 2024	211.97	217.19	231.90	211.00	0.576 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
16 Fri Aug 2024	196.62	219.00	222.89	192.00	0.384 times
31 Wed Jul 2024	218.93	214.39	231.90	199.00	0.918 times
28 Fri Jun 2024	213.35	215.60	242.50	184.00	0.886 times
31 Fri May 2024	212.55	207.45	235.15	190.25	1.117 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 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 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 mid to longer 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.

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

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

Dcm Shriram Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Dcm Shriram in short term but BUY signal is weak.

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

MRSI is in negative zone. This is the SELL 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 204.66 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 negative.

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