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Technicals for DCM Shriram Limited
By MusingTheNews
2025-10-17 20:31
Overall Technical outlook
Price Summary
On 2025-10-17, DCM Shriram Limited's stock opened at 1219.9, reached 1243.5, hit a low of 1210.1, and rose 1.19% to close at 1234.4, with 56645 shares traded. In the last 52 weeks, the stock's top price was 1442.1 and the bottom price was 923.6.
Technicals
Support and Resistance: The price currently sits at 1234.4, finding support at 1189.9 and resistance at 1240.2. These levels define a range for DCM Shriram Limited where the price may move, with 1189.9 offering a base and 1240.2 limiting upward momentum. Support/Resistance for DCMSHRIRAM
Aroon: The Aroon indicator shows a continued bullish trend, with Aroon Up staying at the 100 level. This sustained strength suggests a strong upward momentum. However, further analysis is required, especially when combined with other indicators, to confirm the trend's durability and potential future direction. Aroon chart for DCM Shriram Limited
Bol. Bands: The BOLL BANDS is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments. Bolinger Bands chart for DCM Shriram Limited
Parabolic SAR: The PSAR continues to indicate a bullish outlook, establishing a key support level that could sustain the market's upward trend. This support suggests that the bullish momentum is likely to persist, offering a foundation for further growth. Parabolic Stop and Reverse chart for DCM Shriram Limited
Stochastic: The stochastic indicator reflects bullish conditions, with the K-line above both the D-line and the 80 mark. This setup suggests that the market has strong upward momentum, likely leading to further gains. Traders may consider this a signal of continued strength in the market. Stochastic chart for DCM Shriram Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages points to a bullish trend, but the slopes of the 20 and 50 SMAs are showing signs of weakening. This loss of momentum could indicate that the current uptrend is running out of steam, with a possible trend reversal on the horizon. Investors should be aware of the potential for a bearish shift in price action. Tripple SMA chart for DCM Shriram Limited
To derive valuable insights from a company's technical performance, it is essential to first understand its fundamentals. This includes its financial health, business model, and market share. Equally important is the industry context, such as competition, consumer demand, and market trends. By examining these aspects together, investors can gain a more comprehensive view of how the company's stock behaves and whether it's aligned with its underlying value.
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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