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Technicals for Shree Cement Limited
By MusingTheNews
2025-10-17 20:55
Overall Technical outlook
Price Summary
Shree Cement Limited's stock started the year at 29975.0, climbed to a high of 30040.0, fell to 29550.0, and closed -0.95% lower at 29690.0, with 16520 shares traded on 2025-10-17. The stock's highest price over the 52-week span is 32345.0, while the lowest price is 23935.05. SHREECEM's future price is expected to lie between 20250.0 and 38433.0, with an average expectation of 30770.834, as per the recommendations of 42 analysts.
Technicals
Support and Resistance: The current price of 29690.0 for SHREECEM is supported at 29335.0 and faces resistance at 30410.0. These levels indicate that 29335.0 could act as a floor, while 30410.0 might limit any further price increases. Support/Resistance for SHREECEM
Aroon: The current state of the AROON 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. Aroon chart for Shree Cement Limited
Bol. Bands: The BOLL BANDS is currently in a neutral position for Shree Cement Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent. Bolinger Bands chart for Shree Cement Limited
Parabolic SAR: The PSAR remains bullish, reinforcing a significant support level. This steady support suggests that the market's upward trend may continue, providing a solid foundation for potential gains for SHREECEM. Investors might see this as an opportunity to capitalize on the ongoing bullish sentiment. Parabolic Stop and Reverse chart for Shree Cement Limited
Stochastic: The STOCHASTIC is showing a neutral stance, not indicating a clear upward or downward trend for Shree Cement Limited. This suggests a period of market balance, where neither side is showing dominance. Stochastic chart for Shree Cement Limited
Tripple Moving Agerage: The current state of the Tripple MOVING AVG is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. Tripple SMA chart for Shree Cement Limited
Analyzing the technical indicators of a company, such as stock price and trading volume, requires first understanding its fundamentals. These fundamentals include profitability, growth potential, and market position. Furthermore, knowing the broader industry trends and competitive landscape provides critical context. When both the company's internal data and the external environment are considered, it allows for more meaningful conclusions about the company's technical performance and future trajectory.
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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