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(DCMSHRIRAM) Dcm Shriram complete technical analysis [charts+indicators] | Buy/Sell Dcm Shriram | (DCMSHRIRAM) share price targets

Complete technical analysis of Dcm Shriram (DCMSHRIRAM) by charts plus indicators, forecast predictions and share price targets for Dcm Shriram (DCMSHRIRAM)

10 day averaged volume of Dcm Shriram is 162309

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 997.35 991.00 1004.95 986.15 0.164 times
16 Thu May 2024 987.90 985.20 1006.00 981.00 0.311 times
15 Wed May 2024 994.20 984.60 1008.95 972.00 0.377 times
14 Tue May 2024 976.55 980.00 987.00 976.00 0.182 times
13 Mon May 2024 975.55 980.20 983.40 970.10 0.21 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 995.9, but if it comes below 995.9, then a intra day sell could be more profitable.
If you take a sell trade below 995.9, then use 995.9 as stoploss and 962.64 as target. However if you take a buy trade in stock , then use 995.9 as stoploss and 1035.9 as target.

Share price targets for Dcm Shriram (DCMSHRIRAM)

Target Type Value
Downside Target 832.40
Downside Target 855.10
Downside Target 900.00
Downside Target 938.20
Downside Target 985.00
Downside Target 987.00
Downside Target 990.00
Upside Target 1008.95
Upside Target 1029.95
Upside Target 1042.05
Upside Target 1175.00

Intraday share price targets for Dcm Shriram (DCMSHRIRAM)

Target Type Value
Downside Intraday Target 975.32
Downside Intraday Target 953.28
Upside Intraday Target 1014.17
Upside Intraday Target 1030.98
Downside Intraday Target 992.13

Weekly technical analysis of Dcm Shriram (DCMSHRIRAM)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 997.35 980.20 1008.95 970.10 0.142 times
10 Fri May 2024 975.30 986.65 1029.95 938.20 6.858 times
03 Fri May 2024 966.40 957.05 982.00 947.05 0.484 times
26 Fri Apr 2024 956.55 915.75 987.00 900.00 3.448 times
19 Fri Apr 2024 911.20 920.00 940.05 908.25 0.392 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 Dcm Shriram (DCMSHRIRAM)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 997.35 966.00 1029.95 938.20 1.401 times
30 Tue Apr 2024 965.90 855.10 990.00 855.10 0.9 times
28 Thu Mar 2024 854.25 960.70 985.00 832.40 1.444 times
29 Thu Feb 2024 954.10 1042.00 1042.05 945.55 0.298 times

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 Dcm Shriram (DCMSHRIRAM)

Indicator Name Indicator Value Indicator Signal
ADX 30, 13, 41 Buy
MACD 26, 23Buy
Stochastics 60None
CCI 56Buy
RSI 56Buy
OBV 260515Sell
VWAP 992Buy
ADL 0Sell
ROC 3Buy
Force Index 0Sell

Price action analysis of Dcm Shriram ( (DCMSHRIRAM) ) 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 Dcm Shriram ( (DCMSHRIRAM) ) 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 Dcm Shriram ( (DCMSHRIRAM) ) 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 Dcm Shriram ( (DCMSHRIRAM) ) based on a mid to longer term time period is

ADX buy sell signal for Dcm Shriram stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Dcm Shriram in short term and the buy signal is strong.

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

Dcm Shriram Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

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

CCI has generated a buy signal for Dcm Shriram in short term and BUY 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 991.74 and Dcm Shriram (DCMSHRIRAM) 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 Dcm Shriram (DCMSHRIRAM) stock. Volume based technical analysis of Dcm Shriram (DCMSHRIRAM) stock is negative.

Dcm Shriram Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Dcm Shriram charts

Click here for further forecast and predictions for tomorrow

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