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

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

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

Showing technical analysis as on 2025-01-22 View latest technical analysis

10 day averaged volume of Shree Cements is 22867

Date	Daily Closing Price	Open	High	Low	Volume
22 Wed Jan 2025	25292.55	25105.10	25428.00	25025.40	1.198 times
21 Tue Jan 2025	25086.75	25107.60	25550.00	25010.10	0.668 times
20 Mon Jan 2025	25146.00	25315.45	25315.45	24967.55	0.696 times
17 Fri Jan 2025	25315.45	25350.00	25637.95	25205.50	0.945 times
16 Thu Jan 2025	25417.45	25350.00	25794.00	25305.00	0.643 times
15 Wed Jan 2025	25294.60	25280.20	25383.70	25068.30	1.531 times
14 Tue Jan 2025	25130.20	24874.50	25301.00	24870.05	0.546 times
13 Mon Jan 2025	24874.50	25427.60	25499.90	24817.80	1.72 times
10 Fri Jan 2025	25738.30	25950.00	26061.75	25550.05	1.293 times
09 Thu Jan 2025	25961.80	26000.00	26072.00	25670.05	1.165 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 25206.8 as stoploss in an intra day buy trade for a target of 25668.21. However, stock will show a bearish move below 25206.8.

Share price targets for Shree Cements (SHREECEM)

Target Type	Value
Downside Target	23500.00
Downside Target	23999.85
Downside Target	24690.70
Upside Target	26327.95
Upside Target	26330.00
Upside Target	26550.00
Upside Target	26698.90
Upside Target	26955.00
Upside Target	27383.95
Upside Target	28494.90

Intraday share price targets for Shree Cements (SHREECEM)

Target Type	Value
Downside Intraday Target	24990.07
Downside Intraday Target	24687.58
Upside Intraday Target	25572.52
Upside Intraday Target	25852.48
Downside Intraday Target	25270.03

Weekly technical analysis of Shree Cements (SHREECEM)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Wed Jan 2025	25292.55	25315.45	25550.00	24967.55	0.476 times
17 Fri Jan 2025	25315.45	25427.60	25794.00	24817.80	0.964 times
10 Fri Jan 2025	25738.30	26121.00	26327.95	25550.05	0.664 times
03 Fri Jan 2025	26096.25	25990.00	26955.00	25176.10	1.128 times
27 Fri Dec 2024	26049.00	27131.15	27383.95	25864.65	1.345 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 Shree Cements (SHREECEM)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Wed Jan 2025	25292.55	25710.35	26955.00	24817.80	0.565 times
31 Tue Dec 2024	25694.20	26000.00	28494.90	25545.40	1.306 times
29 Fri Nov 2024	26076.45	25349.00	26330.00	23500.00	0.802 times
31 Thu Oct 2024	25072.15	26392.50	26698.90	23999.85	0.992 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 Shree Cements (SHREECEM)

Price action analysis of Shree Cements ( (SHREECEM) ) 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 Shree Cements ( (SHREECEM) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Shree Cements ( (SHREECEM) ) 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 Shree Cements ( (SHREECEM) ) 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 Shree Cements stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Shree 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.

Shree 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 Shree Cements in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying 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 Shree 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 25332.32 and Shree Cements (SHREECEM) 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 Shree Cements (SHREECEM) stock. Volume based technical analysis of Shree Cements (SHREECEM) stock is negative.

Shree 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.