(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 3703
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Tue May 2024 | 648.50 | 666.05 | 666.05 | 639.85 | 3.038 times |
| 06 Mon May 2024 | 667.95 | 675.80 | 679.75 | 663.55 | 0.754 times |
| 03 Fri May 2024 | 675.80 | 689.10 | 692.30 | 672.10 | 0.526 times |
| 02 Thu May 2024 | 684.35 | 682.90 | 687.60 | 676.40 | 0.707 times |
| 30 Tue Apr 2024 | 682.90 | 671.45 | 690.00 | 671.45 | 0.682 times |
Stock of Shankara (Shankara) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 655.6, for a target of 676.6 or 694.1
Share price targets for Shankara (Shankara)
| Target Type | Value |
| Downside Target | 627.00 |
| Upside Target | 671.45 |
| Upside Target | 702.65 |
| Upside Target | 720.00 |
| Upside Target | 720.45 |
| Upside Target | 722.55 |
| Upside Target | 731.65 |
| Upside Target | 742.85 |
| Upside Target | 759.35 |
| Upside Target | 779.00 |
| Upside Target | 835.30 |
Intraday share price targets for Shankara (Shankara)
| Target Type | Value |
| Downside Intraday Target | 632.32 |
| Downside Intraday Target | 616.13 |
| Upside Intraday Target | 672.22 |
| Upside Intraday Target | 695.93 |
| Upside Intraday Target | 656.03 |
Weekly technical analysis of Shankara (Shankara)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Tue May 2024 | 648.50 | 675.80 | 679.75 | 639.85 | 1.072 times |
| 03 Fri May 2024 | 675.80 | 685.55 | 695.45 | 671.45 | 0.929 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 |
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 |
| 07 Tue May 2024 | 648.50 | 682.90 | 692.30 | 639.85 | 0.186 times |
| 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 |
Price has moved down 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 | 16, 35, 38 | Sell |
| MACD | -15, -9 | Sell |
| Stochastics | 9 | Sell |
| CCI | -184 | Sell |
| RSI | 53 | Buy |
| OBV | -36619 | Sell |
| VWAP | 676 | Sell |
| ADL | 0 | Sell |
| ROC | -6 | Sell |
| Force Index | 0 | Sell |
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 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 to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Shankara in short term and the sell signal is strong.
Shankara Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 675.5 and Shankara (Shankara) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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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