Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

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

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

Showing technical analysis as on 2023-05-30 View latest technical analysis

10 day averaged volume of Sh Bhawani is 475

Date	Daily Closing Price	Open	High	Low	Volume
30 Tue May 2023	2.23	2.23	2.23	2.23	0.021 times
29 Mon May 2023	2.22	2.10	2.22	2.10	0.061 times
25 Thu May 2023	2.12	2.12	2.12	2.12	0.002 times
24 Wed May 2023	2.12	2.12	2.12	2.12	0.072 times
23 Tue May 2023	2.12	2.12	2.12	2.12	1.714 times
22 Mon May 2023	2.02	2.02	2.02	2.02	0.28 times
19 Fri May 2023	2.02	1.93	2.02	1.93	4.842 times
18 Thu May 2023	1.93	1.93	1.93	1.93	0.844 times
17 Wed May 2023	1.93	1.93	1.93	1.93	0.421 times
16 Tue May 2023	1.92	1.92	1.92	1.92	1.684 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 2.2, for a target of 2.1 or 1.98

Share price targets for Sh Bhawani (ShBhawani)

Target Type	Value
Downside Target	1.70
Downside Target	1.86
Downside Target	1.90
Downside Target	1.99
Downside Target	2.10
Downside Target	2.12
Downside Target	2.23
Upside Target	2.27
Upside Target	2.47
Upside Target	3.40

Intraday share price targets for Sh Bhawani (ShBhawani)

Target Type	Value
Downside Intraday Target	2.14
Downside Intraday Target	2.06
Upside Intraday Target	2.27
Upside Intraday Target	2.32
Downside Intraday Target	2.19

Weekly technical analysis of Sh Bhawani (ShBhawani)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Tue May 2023	2.23	2.10	2.23	2.10	0.04 times
25 Thu May 2023	2.12	2.02	2.12	2.02	0.262 times
19 Fri May 2023	2.02	1.91	2.02	1.91	1.093 times
12 Fri May 2023	1.90	1.90	1.90	1.90	2.416 times
05 Fri May 2023	1.90	1.90	1.90	1.90	0.858 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 Sh Bhawani (ShBhawani)

Date	Monthly Closing Price	Open	High	Low	Volume
30 Tue May 2023	2.23	1.90	2.23	1.90	5.303 times
28 Fri Apr 2023	1.90	1.90	1.90	1.86	0.19 times
29 Wed Mar 2023	1.85	2.17	2.27	1.70	1.855 times
27 Mon Feb 2023	2.07	2.47	2.47	1.99	0.404 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Sh Bhawani (ShBhawani)

Price action analysis of Sh Bhawani ( (ShBhawani) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Sh Bhawani ( (ShBhawani) ) 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 Sh Bhawani ( (ShBhawani) ) based on a short to mid 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 Sh Bhawani ( (ShBhawani) ) 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 Sh Bhawani stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Sh Bhawani 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.

Sh Bhawani Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

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

RSI is generating a SELL signal in short term and selling is picking up 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 Sh Bhawani is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2.01 and Sh Bhawani (ShBhawani) 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 Sh Bhawani (ShBhawani) stock. Volume based technical analysis of Sh Bhawani (ShBhawani) stock is negative.

Sh Bhawani Stock is giving positive 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.