Stock analysis Shree Cements Limited SHREECEM
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Recent prices of SHREECEM Shree Cements Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 15 Mon Apr 2024 | 25296.20 | 25002.00 to 25528.15 | -0.76% | 0.49 times |
| 12 Fri Apr 2024 | 25491.15 | 25201.45 to 25861.70 | -0.46% | 0.4 times |
| 10 Wed Apr 2024 | 25610.00 | 25551.00 to 26041.95 | -1.47% | 0.5 times |
| 09 Tue Apr 2024 | 25991.80 | 25880.10 to 26711.80 | 0.14% | 1.02 times |
| 08 Mon Apr 2024 | 25955.20 | 25844.40 to 26249.95 | 0.56% | 0.65 times |
| 05 Fri Apr 2024 | 25811.05 | 25699.00 to 25937.95 | -0.38% | 0.8 times |
| 04 Thu Apr 2024 | 25910.25 | 25851.00 to 26469.00 | -1.68% | 1.75 times |
| 03 Wed Apr 2024 | 26354.30 | 26285.10 to 26743.30 | -0.67% | 3.08 times |
| 02 Tue Apr 2024 | 26532.90 | 26032.30 to 26722.60 | 0.28% | 0.85 times |
| 01 Mon Apr 2024 | 26458.00 | 25800.00 to 26485.80 | 3.02% | 0.41 times |
| 28 Thu Mar 2024 | 25682.85 | 25585.00 to 26091.00 | -0.99% | 0.54 times |
| 27 Wed Mar 2024 | 25939.35 | 25750.00 to 26334.05 | 0.99% | 0.55 times |
Technical analysis forecast for Shree 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 Shree Cements Limited SHREECEM at this time. Stock is falling and might fall more.
It appears as if Shree Cements Limited SHREECEM gave a large move recently.
Stock of Shree Cements Limited (SHREECEM) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.
My analysis of Shree Cements Limited is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 25245.8 as stoploss in an intra day buy trade for a target of 25718.34. However, stock will show a bearish move below 25245.8.