Overall Technical outlook

Price Summary

On 2026-02-02, DCMSHRIRAM's stock started at 1140.0, reached a high of 1170.0, fell to 1128.7, and ended 1.82% higher at 1160.8, with 40925 shares traded.
The stock's highest price over the 52-week span is 1442.1, while the lowest price is 923.6.

Technicals

Support and Resistance: At 1160.8, the price for DCMSHRIRAM is supported at 1101.0 and resisted at 1189.9. This indicates a trading range where 1101.0 serves as a support level, potentially preventing further decline, while 1189.9 could limit upward movement.
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Support/Resistance for DCMSHRIRAM


Aroon: The AROON is in a neutral stance for DCMSHRIRAM, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand.
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Aroon chart for DCM Shriram Limited


Bol. Bands: The current reading of the BOLL BANDS 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.
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Bolinger Bands chart for DCM Shriram Limited


Parabolic SAR: The PSAR for DCMSHRIRAM maintains a bullish outlook, establishing a crucial support level that may help maintain the current upward momentum. This strong support suggests that the market is poised to continue its upward trend, providing confidence in the ongoing bullish sentiment.
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Parabolic Stop and Reverse chart for DCM Shriram Limited


Stochastic: The current reading of the STOCHASTIC is neutral for DCMSHRIRAM, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction.
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Stochastic chart for DCM Shriram Limited


Tripple Moving Agerage: The 20-50-100 period moving averages suggest a bullish trend, though the weakening slopes of the shorter-term averages raise concerns about a potential reversal. While the overall momentum is still upward, the indications from the faster averages suggest that the trend might be nearing its end, warranting caution.
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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.