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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 2024-05-27 View latest technical analysis

10 day averaged volume of Shricon Ind is 187

Date Daily Closing Price Open High Low Volume
27 Mon May 2024 138.95 138.90 138.95 138.00 0.802 times
21 Tue May 2024 133.00 129.50 134.00 125.40 4.487 times
17 Fri May 2024 131.95 120.85 131.95 120.85 0.54 times
16 Thu May 2024 127.20 127.20 127.20 127.20 0.128 times
14 Tue May 2024 133.85 135.00 135.00 128.25 0.866 times
13 Mon May 2024 135.00 124.45 135.00 124.45 0.583 times
10 Fri May 2024 131.00 131.15 131.15 129.95 2.791 times
09 Thu May 2024 131.15 131.15 131.15 131.15 0.385 times
08 Wed May 2024 129.85 129.85 129.85 129.85 0.005 times
07 Tue May 2024 125.80 125.80 125.80 125.80 0.053 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 136.6, but if it comes below 136.6, then a intra day sell could be more profitable.
If you take a sell trade below 136.6, then use 136.6 as stoploss and 132.9 as target. However if you take a buy trade in stock , then use 136.6 as stoploss and 141.1 as target.

Share price targets for Shricon Ind (ShriconInd)

Target Type Value
Downside Target 70.26
Downside Target 94.10
Downside Target 116.90
Downside Target 120.85
Downside Target 124.65
Downside Target 129.20
Downside Target 134.00
Downside Target 135.00
Downside Target 138.00
Downside Target 138.95
Upside Target 139.90
Upside Target 143.15

Intraday share price targets for Shricon Ind (ShriconInd)

Target Type Value
Downside Intraday Target 138.32
Downside Intraday Target 137.68
Upside Intraday Target 139.27
Upside Intraday Target 139.58
Downside Intraday Target 138.63

Weekly technical analysis of Shricon Ind (ShriconInd)

Date Weekly Closing Price Open High Low Volume
27 Mon May 2024 138.95 138.90 138.95 138.00 0.179 times
21 Tue May 2024 133.00 129.50 134.00 125.40 2.119 times
17 Fri May 2024 131.95 124.45 135.00 120.85 0.629 times
10 Fri May 2024 131.00 129.15 131.15 125.80 6.495 times
02 Thu May 2024 129.30 136.00 139.90 129.20 1.021 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
27 Mon May 2024 138.95 139.90 139.90 120.85 5.114 times
29 Mon Apr 2024 136.00 126.25 143.15 126.15 0.658 times
27 Wed Mar 2024 123.80 120.05 124.65 116.90 0.499 times
28 Wed Feb 2024 122.50 118.55 126.00 94.10 0.263 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 Shricon Ind (ShriconInd)

Price action analysis of Shricon Ind ( (ShriconInd) ) 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 Shricon Ind ( (ShriconInd) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Shricon Ind ( (ShriconInd) ) 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 Shricon Ind ( (ShriconInd) ) based on a mid to longer 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.

ADX buy sell signal for Shricon Ind stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Shricon Ind in short term but the sell signal is initial and weak.

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 stronger in this stock.

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 buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 132.87 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.

Price action analysis of Shricon Ind ( (ShriconInd) ) 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 Shricon Ind ( (ShriconInd) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Shricon Ind ( (ShriconInd) ) 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 Shricon Ind ( (ShriconInd) ) based on a mid to longer 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.

ADX buy sell signal for Shricon Ind stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Shricon Ind in short term but the sell signal is initial and weak.

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 stronger in this stock.

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 buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 132.87 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.

Click here for Shricon Ind charts

Click here for further forecast and predictions for tomorrow

Daily charts

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