(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 2024-05-31 View latest technical analysis
10 day averaged volume of Shricon Ind is 198
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 138.85 | 137.95 | 139.00 | 133.80 | 1.434 times |
| 29 Wed May 2024 | 137.95 | 137.95 | 137.95 | 137.95 | 0.005 times |
| 27 Mon May 2024 | 138.95 | 138.90 | 138.95 | 138.00 | 0.758 times |
| 21 Tue May 2024 | 133.00 | 129.50 | 134.00 | 125.40 | 4.237 times |
| 17 Fri May 2024 | 131.95 | 120.85 | 131.95 | 120.85 | 0.51 times |
| 16 Thu May 2024 | 127.20 | 127.20 | 127.20 | 127.20 | 0.121 times |
| 14 Tue May 2024 | 133.85 | 135.00 | 135.00 | 128.25 | 0.818 times |
| 13 Mon May 2024 | 135.00 | 124.45 | 135.00 | 124.45 | 0.551 times |
| 10 Fri May 2024 | 131.00 | 131.15 | 131.15 | 129.95 | 2.636 times |
| 09 Thu May 2024 | 131.15 | 131.15 | 131.15 | 131.15 | 0.364 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 137.3, but if it comes below 137.3, then a intra day sell could be more profitable.
If you take a sell trade below 137.3, then use 137.3 as stoploss and 133.34 as target. However if you take a buy trade in stock , then use 137.3 as stoploss and 142 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 | 133.80 |
| Downside Target | 134.00 |
| Downside Target | 135.00 |
| Upside Target | 139.00 |
| Upside Target | 139.90 |
| Upside Target | 143.15 |
Intraday share price targets for Shricon Ind (ShriconInd)
| Target Type | Value |
| Downside Intraday Target | 135.43 |
| Downside Intraday Target | 132.02 |
| Upside Intraday Target | 140.63 |
| Upside Intraday Target | 142.42 |
| Downside Intraday Target | 137.22 |
Weekly technical analysis of Shricon Ind (ShriconInd)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 138.85 | 138.90 | 139.00 | 133.80 | 0.518 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 |
| 31 Fri May 2024 | 138.85 | 139.90 | 139.90 | 120.85 | 5.806 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 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 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 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 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 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 SELL signal for Shricon Ind in short term but SELL signal is weak.
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 133.66 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 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 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 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 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 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 SELL signal for Shricon Ind in short term but SELL signal is weak.
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 133.66 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.
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