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Price and trend forecast of DCM for Tomorrow, Weekly, Monthly

DCM Limited

Symbol: NSE:DCM

ISIN: INE498A01018

99.22

As on 2025-02-07

66.70 (52W Low) 141.88 (52W High)

DCM's Today's Performance

DCM Limited started the day by opening at 100.69 today 2025-02-07. Its shares reached a high of 101.44 and dipped to a low of 98.15 in intraday. When the markets closed, DCM’s stock price settled at ₹99.22 per share. Also check out its key support and resistance levels.

DCM Buy/Sell Targets

Tomorrow, sell DCM when its price reaches ₹ 99.22 with a stop-loss order at ₹ 101.21. You can set the target price as ₹ 97.23 to capture potential gains. This sell position balances the risks and rewards evenly, aiming for a 1:1 risk-reward ratio.

In the sections below, we will discuss detailed share price target of DCM for tomorrow's session along with weekly levels. Please note that these share targets analysis is only valid for tomorrow and the current trading week and month.

Important Down levels for DCM

Downside Targets Value in ₹
Tomorrow Down Target 1 101
Tomorrow Down Target 2 103
Tomorrow Down Target 3 104

Important Levels for DCM

Holding Levels Value in ₹
Tomorrow Up Target 1 98
Tomorrow Up Target 2 96
Tomorrow Up Target 3 94
Based on where the stock opens tomorrow, if DCM opens on a positive note, our first target will be ₹101. If Target 1 is achieved, we will aim for Target 2 which is ₹103.

But if DCM falls below the average value of ₹99.60, you can enter a sell side position with target number 1 - ₹98 and second target - ₹96 This average value also act as support and resistance level. When the stock is trading above the average, it will act like support area. Another important thing is, stocks usually get back to this average value when the price trades too far from avg. In simpler words we can consider the average price as a magnet.

Daily Volume chart of DCM

Looking at DCM, we've seen a Decreasing trend in its trading volume over the past week, which really tells us how active traders have been with this stock.

In terms of its price, DCM has been on a Downward path, giving us insights how its value changes in the market.

Based on this, the predicted sentiment for DCM is moderate bearish.

Tomorrow's Volume based share price Forecast for DCM

DCM's Volume is currently in a Decreasing trend, and Price is in a Downward direction. Therefore, we can say the stock is in a moderate bearish trend. Volume trend strength over the last month compared to the last week is -13%.

Reversal detection for DCM

Predicted trend chart of DCM tomorrow for price forecast
DCM may trend may continue to be bearish since stock is making lower low and we can get target of ₹101 in morning tomorrow
Target 1 tomorrow101
Target 2 tomorrow102
Target 3 tomorrow103
 

Investferry’s trend analysis method detects short term overbought and oversold situations to identify reversal in stocks. Use this as reference for short term counter trend trades.

Combine this trend forecast with DCM's tomorrow's target prediction and you will have a base for what can be done in the upcoming trading session.

Based on where the stock opens tomorrow, if DCM opens on a positive note, our first target will be ₹101.06. If Target 1 is achieved, we will aim for Target 2 which is ₹102.89.

But if DCM falls below the average value of ₹99.60, you can enter a sell side position with target number 1 - ₹97.77 and second target - ₹96.31

DCM's Weekly Targets
1st Up Target 102.59
2nd Up Target 105.96
1st Down Target 97.00
2nd Down Target 94.78

As the week for DCM ended on bearish sentiments, we can expect further continuation of this sentiment. DCM's initial target will be 102.59 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 97.00 in the upcoming week.

Weekly OHLC Values
Open 101.80
High 103.74
Low 98.15
Close 99.22

Week for DCM started with an open price of 101.80, and the close was at 99.22. DCM reached the highest of 103.74 and dipped lowest up to 98.15 last week. This indicates a bearish sentiment for the week.

DCM full month swing targets
Monthly Up Target 1 108.18
Monthly Up Target 2 111.55
Monthly Down Target 1 91.41
Monthly Down Target 2 83.60

Targets of ₹108.18 can be expected to be reached in the coming month. Once DCM achieved this target, we can aim for the next upside target of ₹111.55.

DCM if fails to hold upside, down targets of ₹91.41 and ₹83.60 can be achieved by end of this month.

For complete three weeks if DCM is bullish, the stock may decline in the last week on the month as traders usually close their positions. So in this case, you should aim for weekly support level which will act as targets here.

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Summary

DCM is expected to reach the target of 101.06 in tomorrow's trading session.

After achieving the initial target in DCM, we will aim for higher targets of 102.89 tomorrow.

However, if DCM starts to trade below ₹99.60, then we will shift our focus to the sell side and aim for down targets of 97.77 and 96.31.