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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 2024-10-07 View latest technical analysis

10 day averaged volume of Dcm Shriram is 266029

Date	Daily Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	192.06	199.00	200.80	191.16	0.862 times
04 Fri Oct 2024	199.42	198.50	204.00	196.71	0.573 times
03 Thu Oct 2024	198.36	196.11	202.00	196.11	0.482 times
01 Tue Oct 2024	202.09	201.85	204.90	200.60	0.469 times
30 Mon Sep 2024	199.87	206.20	206.20	199.01	0.759 times
27 Fri Sep 2024	203.14	200.67	209.90	200.67	1.076 times
26 Thu Sep 2024	197.32	201.80	206.80	196.66	1.446 times
25 Wed Sep 2024	201.00	205.50	206.90	198.05	0.748 times
24 Tue Sep 2024	206.90	207.40	208.78	205.00	0.547 times
23 Mon Sep 2024	208.39	199.90	214.45	198.40	3.384 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 194.6, but if it comes above 194.6, then a intra day buy could be more profitable.
If you take a sell trade below 194.6, then use 194.6 as stoploss and 189.4 as target. However if you take a buy trade in stock , then use 194.6 as stoploss and 198.9 as target.

Share price targets for Dcm Shriram (DCMSRIND)

Target Type	Value
Downside Target	184.00
Downside Target	190.63
Upside Target	196.11
Upside Target	204.90
Upside Target	205.39
Upside Target	206.20
Upside Target	214.45
Upside Target	222.89
Upside Target	231.90
Upside Target	242.50

Intraday share price targets for Dcm Shriram (DCMSRIND)

Target Type	Value
Downside Intraday Target	188.55
Downside Intraday Target	185.03
Upside Intraday Target	198.19
Upside Intraday Target	204.31
Upside Intraday Target	194.67

Weekly technical analysis of Dcm Shriram (DCMSRIND)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	192.06	199.00	200.80	191.16	0.378 times
04 Fri Oct 2024	199.42	206.20	206.20	196.11	0.317 times
27 Fri Sep 2024	203.14	199.90	214.45	196.66	2.073 times
20 Fri Sep 2024	198.12	202.00	205.39	190.63	0.636 times
13 Fri Sep 2024	199.68	192.20	204.77	186.81	2.005 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
07 Mon Oct 2024	192.06	201.85	204.90	191.16	0.122 times
30 Mon Sep 2024	199.87	205.00	214.45	186.81	1.307 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

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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 but buying is losing 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 202.45 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.