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Technicals for DCM Shriram Limited
By MusingTheNews
2025-08-15 20:30
Overall Technical outlook
Price Summary
The stock of DCMSHRIRAM dived -3.74% today, reflecting a awful market performance. On 2025-08-14, DCM Shriram Limited's stock opened at 1332.7, peaked at 1342.4, hit a low of 1273.2, and closed -3.74% down at 1282.9, with 71725 shares changing hands. The peak price for the stock in the past 52 weeks is 1442.1, with the lowest price being 923.6.
Technicals
Support and Resistance: The current price is 1282.9, with support at 1108.85 and resistance at 1350.2. This range suggests that the price might move between these levels, with 1108.85 offering support and 1350.2 capping further gains for DCM Shriram Limited. Support/Resistance for DCMSHRIRAM
Aroon: The continuation of Aroon's bearish trend, with Aroon Down at the 100 level, indicates sustained bearish pressure. However, this trend should be analyzed further alongside other indicators to better understand its long-term implications. Aroon chart for DCM Shriram Limited
Bol. Bands: The price has crossed under the lower Bollinger Band, indicating a potential oversold condition for DCMSHRIRAM. This downward move reflects intensified selling pressure, suggesting that the market may be continuing its bearish trend. However, a breach of the lower band can also signal a possible reversal, as it often prompts buyers to step in, looking for value at these depressed levels. Bolinger Bands chart for DCM Shriram Limited
Parabolic SAR: The PSAR continues to signal a bearish outlook, establishing a resistance level that could act as a ceiling for upward trends. This resistance suggests that the market may struggle to overcome bearish forces, keeping prices under pressure. Parabolic Stop and Reverse chart for DCM Shriram Limited
Stochastic: The Stochastic K-line is now positioned below both the D-line and the 20 level, reflecting a mildly bearish outlook. This suggests that the market could see some downward pressure, but the bearish signal is not yet strong. Traders should be cautious and watch for additional developments. Stochastic chart for DCM Shriram Limited
Tripple Moving Agerage: The current reading of the Tripple MOVING AVG indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Tripple SMA chart for DCM Shriram Limited
Before focusing on technical indicators like stock price and volume, it's important to consider a company's fundamentals. These include financial metrics such as profitability, revenue growth, and debt levels. Furthermore, understanding the industry landscape, including competition and consumer trends, provides essential context. By combining this fundamental analysis with technical data, investors can make more informed decisions and draw deeper conclusions about the company's potential for future growth and success.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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