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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 3706

Date Daily Closing Price Open High Low Volume
20 Mon May 2024 666.95 665.25 670.15 659.70 0.455 times
17 Fri May 2024 650.70 665.25 665.25 643.50 0.589 times
16 Thu May 2024 649.60 653.15 653.85 647.40 0.584 times
15 Wed May 2024 653.80 650.10 658.25 644.05 1.197 times
14 Tue May 2024 649.60 643.55 651.95 637.80 0.195 times

My analysis of stock is bearish for shortterm, and stock might move down till 648 or till 622.4. Use a stoploss of 669.25 and if the stock hits stoploss, then it can shoot up till 690.53

Share price targets for Shankara (Shankara)

Target Type Value
Downside Target 627.00
Downside Target 659.70
Upside Target 692.30
Upside Target 695.45
Upside Target 698.00
Upside Target 720.00
Upside Target 722.55
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 661.05
Downside Intraday Target 655.15
Upside Intraday Target 671.5
Upside Intraday Target 676.05
Downside Intraday Target 665.6

Weekly technical analysis of Shankara (Shankara)

Date Weekly Closing Price Open High Low Volume
20 Mon May 2024 666.95 665.25 670.15 659.70 0.139 times
17 Fri May 2024 650.70 650.00 665.25 628.55 0.466 times
10 Fri May 2024 650.70 675.80 679.75 638.20 1.988 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

Price has moved up 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
20 Mon May 2024 666.95 682.90 692.30 628.55 0.445 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 20, 20, 2 Buy
MACD -21, -22Buy
Stochastics 56None
CCI 238Buy
RSI 54Buy
OBV -39869Sell
VWAP 648Buy
ADL 0Sell
ROC -0Sell
Force Index 0Sell

Price action analysis of Shankara ( (Shankara) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Shankara ( (Shankara) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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 BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Shankara in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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. Bulls 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 moving up

CCI has generated a buy signal for Shankara in short term and BUY signal is strong.

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

MRSI is in negative zone. This is the SELL zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 648.49 and Shankara (Shankara) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 negative.

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

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