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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.

10 day averaged volume of Deccan Cements is 12112

Date	Daily Closing Price	Open	High	Low	Volume
05 Tue Dec 2023	523.25	526.00	529.15	518.80	2.257 times
04 Mon Dec 2023	523.55	526.60	529.75	518.10	0.949 times
01 Fri Dec 2023	524.40	529.00	529.75	514.60	1.465 times
30 Thu Nov 2023	513.05	508.00	517.25	506.50	0.911 times
29 Wed Nov 2023	507.90	501.00	510.00	501.00	0.571 times
28 Tue Nov 2023	504.40	493.65	510.25	490.45	1.1 times
24 Fri Nov 2023	494.85	496.45	497.00	490.00	0.484 times
23 Thu Nov 2023	493.65	493.00	497.70	491.00	0.558 times
22 Wed Nov 2023	490.40	502.05	509.70	488.00	1.558 times
21 Tue Nov 2023	497.15	488.95	503.80	486.70	1.71 times

Stock of Deccan Cements (DECCANCE) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 528.3, for a target of 514.3 or 502.56

Share price targets for Deccan Cements (DECCANCE)

Target Type	Value
Downside Target	473.50
Downside Target	485.00
Downside Target	509.70
Upside Target	529.75
Upside Target	545.00
Upside Target	550.00
Upside Target	577.00
Upside Target	578.00

Intraday share price targets for Deccan Cements (DECCANCE)

Target Type	Value
Downside Intraday Target	517.65
Downside Intraday Target	512.05
Upside Intraday Target	529.3
Upside Intraday Target	535.35
Upside Intraday Target	523.7

Weekly technical analysis of Deccan Cements (DECCANCE)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Tue Dec 2023	523.25	526.60	529.75	518.10	0.792 times
01 Fri Dec 2023	524.40	493.65	529.75	490.45	0.808 times
24 Fri Nov 2023	494.85	494.50	509.70	485.00	1.327 times
17 Fri Nov 2023	491.00	497.65	515.90	485.00	0.528 times
10 Fri Nov 2023	500.75	531.55	550.00	497.00	1.711 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 Deccan Cements (DECCANCE)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Tue Dec 2023	523.25	529.00	529.75	514.60	0.221 times
30 Thu Nov 2023	513.05	510.25	550.00	485.00	0.861 times
31 Tue Oct 2023	510.25	542.25	578.00	495.00	0.752 times
29 Fri Sep 2023	540.25	524.50	577.00	520.00	0.834 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 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.

Price action analysis of Deccan Cements ( (DECCANCE) ) based on a short to mid 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.

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

MACD generated a BUY signal for Deccan Cements in short term but the buy signal is initial and weak.

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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

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

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

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 509.16 and Deccan Cements (DECCANCE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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.