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 2024-09-05 View latest technical analysis

10 day averaged volume of Dcm Shriram is 189906

Date	Daily Closing Price	Open	High	Low	Volume
05 Thu Sep 2024	195.71	199.18	200.70	194.74	0.709 times
04 Wed Sep 2024	198.18	196.10	199.01	195.13	0.541 times
03 Tue Sep 2024	197.05	199.33	202.00	194.30	0.824 times
02 Mon Sep 2024	199.45	205.00	206.83	199.00	0.897 times
30 Fri Aug 2024	202.27	200.95	209.50	200.25	3.531 times
29 Thu Aug 2024	196.56	198.75	200.66	194.50	0.952 times
28 Wed Aug 2024	197.87	197.78	203.84	196.00	0.797 times
27 Tue Aug 2024	197.78	200.60	201.60	196.56	0.602 times
26 Mon Aug 2024	199.60	202.95	208.00	199.05	0.633 times
23 Fri Aug 2024	201.01	205.15	207.00	199.32	0.566 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 196.6, but if it comes above 196.6, then a intra day buy could be more profitable.
If you take a sell trade below 196.6, then use 196.6 as stoploss and 192.4 as target. However if you take a buy trade in stock , then use 196.6 as stoploss and 200.15 as target.

Share price targets for Dcm Shriram (DCMSRIND)

Target Type	Value
Downside Target	184.00
Downside Target	190.25
Upside Target	205.00
Upside Target	206.83
Upside Target	209.50
Upside Target	212.41
Upside Target	214.90
Upside Target	222.89
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	191.06
Downside Intraday Target	186.42
Upside Intraday Target	203.59
Upside Intraday Target	211.48
Upside Intraday Target	198.95

Weekly technical analysis of Dcm Shriram (DCMSRIND)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Thu Sep 2024	195.71	205.00	206.83	194.30	0.456 times
30 Fri Aug 2024	202.27	202.95	209.50	194.50	1.826 times
23 Fri Aug 2024	201.01	196.62	212.41	196.62	1.464 times
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

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
05 Thu Sep 2024	195.71	205.00	206.83	194.30	0.141 times
30 Fri Aug 2024	202.27	219.00	222.89	192.00	0.738 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

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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Dcm Shriram ( (DCMSRIND) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Dcm Shriram ( (DCMSRIND) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

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 BUY. Signal strength is Weak and stock is gaining 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 coming down

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

RSI is generating a BUY signal in short term and the buying is gaining 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 199.51 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.