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(Shankara) Shankara complete technical analysis [charts+indicators] | Buy/Sell Shankara | (Shankara) share price targets

Complete technical analysis of Shankara (Shankara) by charts plus indicators, forecast predictions and share price targets for Shankara (Shankara)

10 day averaged volume of Shankara is 3693

Date Daily Closing Price Open High Low Volume
30 Tue Apr 2024 682.90 671.45 690.00 671.45 0.684 times
29 Mon Apr 2024 686.10 685.55 695.45 682.35 1.625 times
26 Fri Apr 2024 690.95 698.05 699.30 685.00 0.8 times
25 Thu Apr 2024 696.25 702.85 706.00 695.00 1.049 times
24 Wed Apr 2024 711.30 722.55 722.55 699.00 0.496 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 683.7, but if it comes above 683.7, then a intra day buy could be more profitable.
If you take a sell trade below 683.7, then use 683.7 as stoploss and 663.1 as target. However if you take a buy trade in stock , then use 683.7 as stoploss and 700.91 as target.

Share price targets for Shankara (Shankara)

Target Type Value
Downside Target 627.00
Downside Target 671.45
Upside Target 695.45
Upside Target 720.00
Upside Target 722.55
Upside Target 731.65
Upside Target 742.85
Upside Target 759.35
Upside Target 779.00
Upside Target 800.90
Upside Target 835.30

Intraday share price targets for Shankara (Shankara)

Target Type Value
Downside Intraday Target 671.08
Downside Intraday Target 659.27
Upside Intraday Target 695.08
Upside Intraday Target 707.27
Upside Intraday Target 683.27

Weekly technical analysis of Shankara (Shankara)

Date Weekly Closing Price Open High Low Volume
30 Tue Apr 2024 682.90 685.55 695.45 671.45 0.605 times
26 Fri Apr 2024 690.95 680.35 722.55 680.35 0.737 times
19 Fri Apr 2024 691.90 640.05 720.45 640.05 1.034 times
12 Fri Apr 2024 705.55 725.00 731.65 702.65 0.467 times
05 Fri Apr 2024 723.75 636.15 742.85 636.15 0.898 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Shankara (Shankara)

Date Monthly Closing Price Open High Low Volume
30 Tue Apr 2024 682.90 636.15 742.85 636.15 0.523 times
28 Thu Mar 2024 641.15 728.00 759.35 627.00 0.473 times
29 Thu Feb 2024 726.55 762.60 835.30 720.00 1.884 times
31 Wed Jan 2024 768.45 715.05 779.00 698.00 1.142 times

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Shankara (Shankara)

Indicator Name Indicator Value Indicator Signal
ADX 20, 29, 19 Sell
MACD -6, -4Sell
Stochastics 49None
CCI -118Sell
RSI 56Buy
OBV 20274Sell
VWAP 694Sell
ADL 0Sell
ROC -0Sell
Force Index 0Sell

Price action analysis of Shankara ( (Shankara) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Shankara ( (Shankara) ) based on a short term time period is

Price action analysis of Shankara ( (Shankara) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Shankara ( (Shankara) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Shankara stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Shankara in short term and the sell signal is strong.

Shankara Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Shankara in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Shankara is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 694.44 and Shankara (Shankara) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Shankara (Shankara) stock. Volume based technical analysis of Shankara (Shankara) stock is negative.

Shankara Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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