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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 2024-01-18 View latest technical analysis

10 day averaged volume of Shricon Ind is 388

Date	Daily Closing Price	Open	High	Low	Volume
18 Thu Jan 2024	111.77	111.77	111.77	111.77	0.003 times
17 Wed Jan 2024	109.58	109.58	109.58	109.58	0.268 times
16 Tue Jan 2024	107.44	107.44	107.44	107.44	0.247 times
15 Mon Jan 2024	105.34	103.28	105.34	103.28	1.232 times
12 Fri Jan 2024	103.28	103.76	103.76	103.28	7.082 times
11 Thu Jan 2024	98.82	98.82	98.82	98.82	0.129 times
10 Wed Jan 2024	94.12	94.12	94.12	94.12	0.258 times
09 Tue Jan 2024	89.64	89.64	89.64	89.64	0.387 times
08 Mon Jan 2024	85.38	85.38	85.38	85.38	0.129 times
04 Thu Jan 2024	81.32	81.32	81.32	81.32	0.129 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 101, but if it comes below 101, then a intra day sell could be more profitable.
If you take a sell trade below 101, then use 101 as stoploss and 80.74 as target. However if you take a buy trade in stock , then use 101 as stoploss and 125.3 as target.

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	57.82
Downside Target	60.71
Downside Target	66.92
Downside Target	70.26
Downside Target	81.32
Downside Target	85.38
Downside Target	103.28
Downside Target	103.76
Downside Target	111.77

Intraday share price targets for Shricon Ind (ShriconInd)

Target Type	Value
Downside Intraday Target	106.11
Downside Intraday Target	100.45
Upside Intraday Target	114.6
Upside Intraday Target	117.43
Downside Intraday Target	108.94

Weekly technical analysis of Shricon Ind (ShriconInd)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Thu Jan 2024	111.77	103.28	111.77	103.28	0.219 times
12 Fri Jan 2024	103.28	85.38	103.76	85.38	13.239 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

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
18 Thu Jan 2024	111.77	70.26	111.77	70.26	1.402 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 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 Shricon Ind ( (ShriconInd) ) 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 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 losing 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 but buying is losing 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 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 102.46 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.