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

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

10 day averaged volume of Shradhaind is 4692

Date Daily Closing Price Open High Low Volume
16 Thu May 2024 51.49 50.11 53.98 50.11 0.449 times
15 Wed May 2024 52.39 50.62 52.50 50.62 0.596 times
14 Tue May 2024 50.62 51.85 52.99 49.15 1.529 times
13 Mon May 2024 51.85 51.88 53.00 51.00 0.738 times
10 Fri May 2024 51.88 50.51 52.99 50.51 0.342 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 51.6, but if it comes above 51.6, then a intra day buy could be more profitable.
If you take a sell trade below 51.6, then use 51.6 as stoploss and 49.4 as target. However if you take a buy trade in stock , then use 51.6 as stoploss and 53.41 as target.

Share price targets for Shradhaind (Shradhaind)

Target Type Value
Downside Target 48.61
Downside Target 50.35
Upside Target 53.02
Upside Target 55.20
Upside Target 56.15
Upside Target 58.39
Upside Target 59.48
Upside Target 60.00
Upside Target 61.00
Upside Target 68.77
Upside Target 72.69
Upside Target 73.95

Intraday share price targets for Shradhaind (Shradhaind)

Target Type Value
Downside Intraday Target 49.1
Downside Intraday Target 46.71
Upside Intraday Target 53.93
Upside Intraday Target 56.37
Upside Intraday Target 51.54

Weekly technical analysis of Shradhaind (Shradhaind)

Date Weekly Closing Price Open High Low Volume
16 Thu May 2024 51.49 51.88 53.98 49.15 0.734 times
10 Fri May 2024 51.88 54.13 55.20 50.35 0.505 times
03 Fri May 2024 51.79 58.39 58.39 48.66 0.794 times
26 Fri Apr 2024 54.10 57.60 60.00 54.00 1.63 times
19 Fri Apr 2024 55.13 54.66 59.48 53.81 1.193 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 Shradhaind (Shradhaind)

Date Monthly Closing Price Open High Low Volume
16 Thu May 2024 51.49 53.09 55.20 49.15 0.365 times
30 Tue Apr 2024 53.09 59.29 61.00 48.66 0.704 times
28 Thu Mar 2024 58.13 62.54 68.77 48.61 0.556 times
29 Thu Feb 2024 61.31 59.97 73.95 53.02 0.811 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 Shradhaind (Shradhaind)

Indicator Name Indicator Value Indicator Signal
ADX 10, 19, 31 Sell
MACD -3, -3Sell
Stochastics 39None
CCI -39Buy
RSI 58Buy
OBV -48989Sell
VWAP 52Sell
ADL 0Sell
ROC -3Sell
Force Index 0Sell

Price action analysis of Shradhaind ( (Shradhaind) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Shradhaind ( (Shradhaind) ) 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 Shradhaind ( (Shradhaind) ) 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 Shradhaind ( (Shradhaind) ) 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 Shradhaind stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

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

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

Shradhaind 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 weakening, and bulls are picking up momentum!

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 buy signal for Shradhaind in short term but BUY signal is weak.

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

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 51.96 and Shradhaind (Shradhaind) 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 Shradhaind (Shradhaind) stock. Volume based technical analysis of Shradhaind (Shradhaind) stock is negative.

Shradhaind 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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