DCMSHRIRAM - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 19 Sept 25, 2:16 pm

Technical Rating: 4.0

Here’s a detailed technical analysis of DCMSHRIRAM

📊 Trend Overview

Current Trend: Trending upward with signs of consolidation

Price is above both 50 DMA (₹1,273) and 200 DMA (₹1,176), confirming a bullish structure.

RSI at 56.7 is neutral-to-bullish, suggesting steady momentum.

MACD at -5.24 is slightly negative, indicating a pause or mild correction in the uptrend.

📈 Technical Indicators

Moving Averages

Price (₹1,335) > 50 DMA (₹1,273) > 200 DMA (₹1,176): Golden crossover confirmed

RSI (56.7)

Neutral zone, leaning bullish. No overbought signal.

MACD (-5.24)

Mild bearish crossover. Momentum is slowing but not reversing.

Bollinger Bands

Price near middle band, indicating low volatility and consolidation.

Volume Trends

Current volume (7.31L) < 1-week average (10.87L): Declining participation

Suggests consolidation phase, not aggressive buying.

🔍 Short-Term Momentum Signals

Neutral to Bullish Bias

Price above key moving averages supports trend continuation.

RSI is stable, MACD suggests short-term caution.

Institutional flows are mildly positive (FII +0.04%, DII +0.28%).

📌 Support & Resistance Zones

Level Price (₹) Commentary

Support 1 1,273 50 DMA, short-term base

Support 2 1,200 Previous swing low

Resistance 1 1,375 Minor psychological barrier

Resistance 2 1,440 Recent swing high

Resistance 3 1,502 52-week high

🎯 Entry & Exit Zones

Optimal Entry: ₹1,270–₹1,290 (on dips near 50 DMA)

Exit Zone: ₹1,440–₹1,500 (partial profit booking)

Aggressive Target: ₹1,550+ if breakout above 52-week high sustains

🧭 Summary

Trend: Trending upward, currently consolidating

Momentum: Stable, with mild caution from MACD and volume

Outlook: Favorable for swing trades; breakout above ₹1,375 could trigger next leg up

Valuation: Premium P/E (36.4) vs industry (25.9), moderate ROE/ROCE, and improving PAT suggest long-term potential despite negative PEG

Let me know if you'd like a visual chart or a simulated trade setup based on this analysis.

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