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

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

Showing technical analysis as on 2024-01-09 View latest technical analysis

10 day averaged volume of Shricon Ind is 314

Date	Daily Closing Price	Open	High	Low	Volume
09 Tue Jan 2024	89.64	89.64	89.64	89.64	0.478 times
08 Mon Jan 2024	85.38	85.38	85.38	85.38	0.159 times
04 Thu Jan 2024	81.32	81.32	81.32	81.32	0.159 times
03 Wed Jan 2024	77.45	77.45	77.45	77.45	0.159 times
02 Tue Jan 2024	73.77	73.77	73.77	73.77	0.08 times
01 Mon Jan 2024	70.26	70.26	70.26	70.26	0.347 times
29 Fri Dec 2023	66.92	66.92	66.92	66.92	7.939 times
28 Thu Dec 2023	63.74	63.74	63.74	63.74	0.318 times
27 Wed Dec 2023	60.71	60.71	60.71	60.71	0.096 times
20 Wed Dec 2023	57.82	57.82	57.82	57.82	0.707 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 94.7, for a target of 75 or 58.69

Share price targets for Shricon Ind (ShriconInd)

Target Type	Value
Downside Target	41.13
Downside Target	43.18
Downside Target	45.33
Downside Target	49.96
Downside Target	52.45
Downside Target	55.07
Downside Target	57.82
Downside Target	60.71
Downside Target	66.92
Downside Target	70.26
Downside Target	81.32
Downside Target	85.38
Downside Target	89.64

Intraday share price targets for Shricon Ind (ShriconInd)

Target Type	Value
Downside Intraday Target	86.8
Downside Intraday Target	83.96
Upside Intraday Target	91.06
Upside Intraday Target	92.48
Downside Intraday Target	88.22

Weekly technical analysis of Shricon Ind (ShriconInd)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Tue Jan 2024	89.64	85.38	89.64	85.38	0.855 times
04 Thu Jan 2024	81.32	70.26	81.32	70.26	0.089 times
29 Fri Dec 2023	66.92	60.71	66.92	60.71	11.815 times
20 Wed Dec 2023	57.82	57.82	57.82	57.82	13.875 times
13 Wed Dec 2023	55.07	52.45	55.07	52.45	0.64 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 Shricon Ind (ShriconInd)

Date	Monthly Closing Price	Open	High	Low	Volume
09 Tue Jan 2024	89.64	70.26	89.64	70.26	0.152 times
29 Fri Dec 2023	66.92	52.45	66.92	52.45	49.328 times
20 Mon Nov 2023	49.96	45.33	49.96	45.33	2.417 times
19 Thu Oct 2023	43.18	43.18	43.18	43.18	24 times

Scroll below to view daily charts

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 Shricon Ind (ShriconInd)

Price action analysis of Shricon Ind ( (ShriconInd) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Shricon Ind ( (ShriconInd) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Shricon Ind ( (ShriconInd) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Shricon Ind stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Shricon Ind in short term and the buy signal is strong.

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

Shricon Ind 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 Shricon Ind 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 Shricon Ind is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 68.01 and Shricon Ind (ShriconInd) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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

Shricon Ind 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.