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2021 Shree Cements (SHREECEM) technical analysis [forecast] stock price targets

Shree Cements technical analysis & forecast stock price targets, Daily, Weekly, Monthly technical analysis

Shree Cements deals in Cement & Cement Products Shree Cements option chain analysis

Date Close Open High Low Volume
15 Fri Jan 24413.80 24720.00 24844.70 24212.85 0.35 lakhs
14 Thu Jan 24855.60 24802.00 24913.85 24475.00 0.35 lakhs
13 Wed Jan 24726.40 25585.00 25600.00 24567.50 0.71 lakhs
12 Tue Jan 25369.10 25549.00 25890.00 25221.00 0.47 lakhs
11 Mon Jan 25569.30 25800.00 25950.00 25400.00 0.58 lakhs
SHREECEM chart

My analysis of stock is bearish for shortterm, and stock might move down till 23794.3 or till 23034.3. Use a stoploss of 24427.61 and if the stock hits stoploss, then it can shoot up till 25060.95

  • Daily Price action analysis of SHREECEM based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

  • Daily Price action analysis of SHREECEM based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

  • Daily Price action analysis of SHREECEM based on a 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.

Intraday technical analysis of Shree Cements

Stock is trading at 24413.80 as on 15 Fri Jan 15:33

Day open is at 24720.00, day high is at 24844.70, day low is at 24212.85, and day volume is at 14.32 lakhs so far.

First 15 minute high low range is 24550.00 - 24844.70

First hour high low range is 24360.00 - 24844.70

Date Intraday Price Open High Low Volume
15 Fri Jan 15:33 24413.80 24720.00 24844.70 24212.85 35231
15 Fri Jan 15:29 24361.50 24720.00 24844.70 24212.85 35231
15 Fri Jan 15:25 24407.20 24720.00 24844.70 24212.85 34407
15 Fri Jan 15:20 24417.60 24720.00 24844.70 24212.85 33420
15 Fri Jan 15:15 24439.80 24720.00 24844.70 24212.85 31905
Intraday SHREECEM chart

Trend of Shree Cements is not defined as of yet. Wait for entry and exit levels given below.

Take a trade after 9:30am only.

Shree Cements (SHREECEM) intraday stock price targets

  • EntEntry: 24697.35 or 24421.05
  • Upside target: 24844.7
  • Downside target : 24255.3
  • Second Upside target: 24629.25
  • Second Downside target : 23997.4

Shree Cements (SHREECEM) weekly technical analysis

Date Weekly Close Open Range Volume
15 Fri Jan 24413.80 25800.00 24212.85
25950.00
2.471 lakhs
08 Fri Jan 25813.40 24140.00 23701.05
25979.50
3.107 lakhs
01 Fri Jan 23950.30 24000.00 23571.05
24701.60
2.845 lakhs
24 Thu Dec 23826.75 24550.00 23249.15
24550.00
1.82 lakhs
18 Fri Dec 24574.40 23810.00 23652.00
24899.00
3.464 lakhs
weekly SHREECEM chart

Weekly forecast of Shree Cements is negative. Sellers dominated the stock this week, and might continue to dominate in coming days too.

Weekly Price action analysis of Shree Cements based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Weekly Price action analysis of Shree Cements 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.

Shree Cements (SHREECEM) Monthly technical analysis

Date Monthly Close Open Range Volume
15 Fri Jan 24413.80 24050.00 23701.05
25979.50
6.088 lakhs
31 Thu Dec 24013.20 25555.00 23249.15
25655.50
13.603 lakhs
27 Fri Nov 24306.35 21694.55 21512.10
24695.95
15.643 lakhs
30 Fri Oct 21694.55 20400.00 20000.00
22100.00
16.573 lakhs
30 Wed Sep 20256.95 20449.00 18183.55
20849.00
14.116 lakhs
monthly SHREECEM chart

Monthly forecast of Shree Cements is negative. Sellers dominated the stock this month, and might continue to dominate in coming days too.

Monthly Price action analysis of Shree Cements 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.

Monthly Price action analysis of Shree Cements 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.

Shree Cements Daily stock price targets

  • Upside daily target: 26406.2
  • Upside daily target: 25104.15
  • Downside daily target: 23874.15

Shree Cements Weekly stock price targets

  • Upside weekly target: 27035.68
  • Upside weekly target: 25368.36
  • Downside weekly target: 24113.2
  • Downside weekly target: 22887.53

Shree Cements Monthly stock price targets

  • Upside monthly target: 26335.88
  • Upside monthly target: 25018.46
  • Downside monthly target: 23802.59
  • Downside monthly target: 22602.76
  • Downside monthly target: 21473.64
  • Downside monthly target: 20296
  • Downside monthly target: 18876.5
  • Downside monthly target: 17887.53

Shree Cements (SHREECEM) indicators technical analysis

Price action analysis of Shree Cements (SHREECEM) 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.

ADX buy sell signal for Shree Cements stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Shree Cements in short term but the sell signal is initial and weak.

Shree Cements 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. Bears 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 coming down

CCI has generated a SELL signal for Shree Cements in short term and SELL 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 Shree Cements is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 24935.38 and Shree Cements SHREECEM stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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 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.

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chart SHREECEM