Stock analysis The India Cements Limited INDIACEM
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Recent prices of INDIACEM The India Cements Limited are as follows: Daily volume is divided by 10 day averaged volume
Date | Close | Range | Change % | Volume |
28 Thu Mar 2024 | 212.40 | 211.40 to 215.30 | 0% | 0.96 times |
27 Wed Mar 2024 | 212.40 | 209.60 to 216.45 | 1.55% | 1.55 times |
26 Tue Mar 2024 | 209.15 | 205.00 to 211.15 | 1.01% | 0.85 times |
22 Fri Mar 2024 | 207.05 | 202.40 to 209.55 | 1.64% | 0.9 times |
21 Thu Mar 2024 | 203.70 | 198.35 to 205.00 | 3.61% | 0.83 times |
20 Wed Mar 2024 | 196.60 | 194.00 to 201.65 | -1.18% | 0.88 times |
19 Tue Mar 2024 | 198.95 | 197.45 to 204.80 | -2.62% | 0.74 times |
18 Mon Mar 2024 | 204.30 | 202.70 to 208.50 | -0.34% | 0.6 times |
15 Fri Mar 2024 | 205.00 | 199.20 to 207.00 | 0.39% | 0.83 times |
14 Thu Mar 2024 | 204.20 | 193.65 to 205.55 | 4.16% | 1.06 times |
13 Wed Mar 2024 | 196.05 | 194.15 to 214.65 | -7.68% | 1.77 times |
12 Tue Mar 2024 | 212.35 | 211.40 to 221.00 | -3.48% | 0.75 times |
Technical analysis forecast for The India Cements Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT The India Cements Limited INDIACEM at this time. Stock is falling and might fall more.
It appears as if The India Cements Limited INDIACEM gave a large move recently.
Stock of The India Cements Limited (INDIACEM) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
My analysis of The India Cements Limited is bearish for shortterm, and stock might move down till 202.1 or till 187.4. Use a stoploss of 214.26 and if the stock hits stoploss, then it can shoot up till 226.46