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 |
| 30 Tue Apr 2024 | 24444.85 | 24175.00 to 25024.95 | 1.24% | 2.87 times |
| 29 Mon Apr 2024 | 24145.15 | 24050.00 to 24295.90 | 0.02% | 0.97 times |
| 26 Fri Apr 2024 | 24140.50 | 23951.00 to 24295.00 | 0.7% | 0.6 times |
| 25 Thu Apr 2024 | 23971.60 | 23780.00 to 24500.00 | -1.63% | 1.86 times |
| 24 Wed Apr 2024 | 24369.15 | 24300.00 to 24597.90 | -0.04% | 0.67 times |
| 23 Tue Apr 2024 | 24377.75 | 24300.00 to 24570.00 | -0.08% | 0.73 times |
| 22 Mon Apr 2024 | 24396.40 | 24356.85 to 24675.00 | 0.11% | 0.98 times |
| 19 Fri Apr 2024 | 24368.75 | 23984.05 to 24532.45 | -0.23% | 1.37 times |
| 18 Thu Apr 2024 | 24425.85 | 24367.00 to 25099.00 | -1.84% | 1.38 times |
| 16 Tue Apr 2024 | 24882.55 | 24798.55 to 25248.20 | -1.64% | 0.5 times |
| 15 Mon Apr 2024 | 25296.20 | 25002.00 to 25528.15 | -0.76% | 0.93 times |
| 12 Fri Apr 2024 | 25491.15 | 25201.45 to 25861.70 | -0.46% | 0.76 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, 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 Shree Cements Limited is bearish for shortterm, and stock might move down till 23974.5 or till 22946.1. Use a stoploss of 24831.52 and if the stock hits stoploss, then it can shoot up till 25688.54