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(DECCANCE) Deccan Cements complete technical analysis [charts+indicators] | Buy/Sell Deccan Cements | (DECCANCE) share price targets

Complete technical analysis of Deccan Cements (DECCANCE) by charts plus indicators, forecast predictions and share price targets for Deccan Cements (DECCANCE)

Deccan Cements trades in NSE in Cement & Cement Products sector.

Showing technical analysis as on 2024-05-29 View latest technical analysis

10 day averaged volume of Deccan Cements is 13171

Date	Daily Closing Price	Open	High	Low	Volume
29 Wed May 2024	575.85	580.00	584.70	570.00	1.395 times
28 Tue May 2024	584.00	614.05	619.85	580.00	5.772 times
27 Mon May 2024	608.95	618.05	623.90	605.15	0.543 times
24 Fri May 2024	617.85	610.00	622.10	591.85	0.877 times
23 Thu May 2024	602.15	606.55	610.60	590.90	0.496 times
22 Wed May 2024	601.45	605.80	607.95	595.55	0.542 times
21 Tue May 2024	604.10	608.10	617.30	601.10	0.706 times
18 Sat May 2024	614.20	606.05	621.55	585.00	0.028 times
17 Fri May 2024	610.70	610.80	620.00	605.00	0.302 times
16 Thu May 2024	607.95	617.05	619.20	605.30	0.507 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 579.7, for a target of 596.7 or 610.87

Share price targets for Deccan Cements (DECCANCE)

Target Type	Value
Downside Target	524.20
Downside Target	562.00
Upside Target	585.00
Upside Target	622.10
Upside Target	628.00
Upside Target	629.60
Upside Target	635.35
Upside Target	640.00
Upside Target	640.05
Upside Target	643.65
Upside Target	647.00
Upside Target	668.45

Intraday share price targets for Deccan Cements (DECCANCE)

Target Type	Value
Downside Intraday Target	555.93
Downside Intraday Target	536.02
Upside Intraday Target	609.83
Upside Intraday Target	643.82
Upside Intraday Target	589.92

Weekly technical analysis of Deccan Cements (DECCANCE)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Wed May 2024	575.85	618.05	623.90	570.00	2.942 times
24 Fri May 2024	617.85	608.10	622.10	590.90	1.278 times
18 Sat May 2024	614.20	609.70	628.00	585.00	0.805 times
10 Fri May 2024	606.65	625.00	640.00	600.25	0.722 times
03 Fri May 2024	627.75	635.10	643.65	623.20	0.732 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Deccan Cements (DECCANCE)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Wed May 2024	575.85	632.75	640.05	570.00	0.888 times
30 Tue Apr 2024	631.65	591.90	647.00	591.00	0.954 times
28 Thu Mar 2024	591.00	611.10	635.35	524.20	0.387 times
29 Thu Feb 2024	608.05	617.50	668.45	600.00	1.14 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 Deccan Cements (DECCANCE)

Price action analysis of Deccan Cements ( (DECCANCE) ) 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 Deccan Cements ( (DECCANCE) ) 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 Deccan Cements ( (DECCANCE) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

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

MACD generated a SELL signal for Deccan Cements in short term and the sell signal is strong.

Deccan Cements 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 Deccan Cements in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Deccan Cements is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 591.66 and Deccan Cements (DECCANCE) 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 Deccan Cements (DECCANCE) stock. Volume based technical analysis of Deccan Cements (DECCANCE) stock is negative.

Deccan Cements 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.