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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 2024-06-03 View latest technical analysis

10 day averaged volume of Deccan Cements is 14852

Date	Daily Closing Price	Open	High	Low	Volume
03 Mon Jun 2024	586.00	597.90	597.90	576.95	0.98 times
31 Fri May 2024	569.55	571.10	575.15	563.55	0.422 times
30 Thu May 2024	568.15	570.65	578.90	565.00	0.39 times
29 Wed May 2024	575.85	580.00	584.70	570.00	1.237 times
28 Tue May 2024	584.00	614.05	619.85	580.00	5.119 times
27 Mon May 2024	608.95	618.05	623.90	605.15	0.482 times
24 Fri May 2024	617.85	610.00	622.10	591.85	0.778 times
23 Thu May 2024	602.15	606.55	610.60	590.90	0.44 times
22 Wed May 2024	601.45	605.80	607.95	595.55	0.481 times
21 Tue May 2024	604.10	608.10	617.30	601.10	0.626 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 586.3, but if it comes above 586.3, then a intra day buy could be more profitable.
If you take a sell trade below 586.3, then use 586.3 as stoploss and 567.5 as target. However if you take a buy trade in stock , then use 586.3 as stoploss and 601.93 as target.

Share price targets for Deccan Cements (DECCANCE)

Target Type	Value
Downside Target	524.20
Downside Target	563.55
Downside Target	576.95
Upside Target	622.10
Upside Target	623.90
Upside Target	628.00
Upside Target	635.35
Upside Target	640.00
Upside Target	640.05
Upside Target	647.00
Upside Target	668.45

Intraday share price targets for Deccan Cements (DECCANCE)

Target Type	Value
Downside Intraday Target	576
Downside Intraday Target	566
Upside Intraday Target	596.95
Upside Intraday Target	607.9
Upside Intraday Target	586.95

Weekly technical analysis of Deccan Cements (DECCANCE)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Mon Jun 2024	586.00	597.90	597.90	576.95	0.128 times
31 Fri May 2024	569.55	618.05	623.90	563.55	3.291 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

Price has moved up 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 Deccan Cements (DECCANCE)

Date	Monthly Closing Price	Open	High	Low	Volume
03 Mon Jun 2024	586.00	597.90	597.90	576.95	0.064 times
31 Fri May 2024	569.55	632.75	640.05	563.55	0.938 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

Scroll below to view daily charts

Price has moved up 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Deccan Cements ( (DECCANCE) ) 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 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 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 Deccan Cements stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Deccan Cements 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 moving up

CCI has generated a buy signal for Deccan Cements in short term but BUY signal is weak.

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

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 588.28 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.