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Technicals for DCM Shriram Limited
By MusingTheNews
2025-04-25 20:30
Overall Technical outlook
Price Summary
With a -4.38% plunge, DCM Shriram Limited enjoyed a poor day in the stock market. DCM Shriram Limited's stock opened at 1067.0 on 2025-04-25, surged to 1068.6, dropped to 1015.0, and ended -4.38% down at 1020.3, with 59481 shares traded. For the 52-week period, the stock's highest price is 1321.7, and the lowest price is 903.3.
Technicals
Support and Resistance: The current price of 1020.3 is supported at 1007.4, with resistance at 1084.85. This suggests that the price for DCMSHRIRAM might remain between these levels, where 1007.4 acts as a floor and 1084.85 as a ceiling in the market. Support/Resistance for DCMSHRIRAM
Aroon: The AROON is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. Aroon chart for DCM Shriram Limited
Bol. Bands: The BOLL BANDS is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market. 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 current state of the STOCHASTIC is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction. Stochastic chart for DCM Shriram Limited
Tripple Moving Agerage: The Tripple MOVING AVG 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. Tripple SMA chart for DCM Shriram Limited
Before focusing on a company's technical data, such as stock price movements, it's essential to analyze its fundamentals. These include factors like profitability, cash flow, and debt management. Additionally, considering the broader industry landscape—including market trends, competition, and regulatory changes—offers deeper insights. This comprehensive approach allows for a more meaningful interpretation of the company's technical indicators, providing a clearer picture of its financial health and future prospects.
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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