(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 2024-06-06 View latest technical analysis
10 day averaged volume of Shricon Ind is 220
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Thu Jun 2024 | 128.25 | 128.25 | 128.25 | 128.25 | 0.118 times |
| 03 Mon Jun 2024 | 135.00 | 135.00 | 135.00 | 135.00 | 0.041 times |
| 31 Fri May 2024 | 138.85 | 137.95 | 139.00 | 133.80 | 1.291 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 | 0.682 times |
| 21 Tue May 2024 | 133.00 | 129.50 | 134.00 | 125.40 | 3.814 times |
| 17 Fri May 2024 | 131.95 | 120.85 | 131.95 | 120.85 | 0.459 times |
| 16 Thu May 2024 | 127.20 | 127.20 | 127.20 | 127.20 | 0.109 times |
| 14 Tue May 2024 | 133.85 | 135.00 | 135.00 | 128.25 | 0.736 times |
| 13 Mon May 2024 | 135.00 | 124.45 | 135.00 | 124.45 | 0.495 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 128.9, but if it comes above 128.9, then a intra day buy could be more profitable.
If you take a sell trade below 128.9, then use 128.9 as stoploss and 124.1 as target. However if you take a buy trade in stock , then use 128.9 as stoploss and 132.86 as target.
Share price targets for Shricon Ind (ShriconInd)
| Target Type | Value |
| Downside Target | 94.10 |
| Downside Target | 116.90 |
| Downside Target | 120.85 |
| Downside Target | 124.65 |
| Upside Target | 131.15 |
| Upside Target | 133.80 |
| Upside Target | 134.00 |
| Upside 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 | 126 |
| Downside Intraday Target | 123.75 |
| Upside Intraday Target | 132.75 |
| Upside Intraday Target | 137.25 |
| Upside Intraday Target | 130.5 |
Weekly technical analysis of Shricon Ind (ShriconInd)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Thu Jun 2024 | 128.25 | 135.00 | 135.00 | 128.25 | 0.08 times |
| 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 |
Price has moved down 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 |
| 06 Thu Jun 2024 | 128.25 | 135.00 | 135.00 | 128.25 | 0.015 times |
| 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 |
Scroll below to view daily charts
Price has moved down 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Shricon Ind in short term but the sell signal is initial and weak.
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 in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Shricon Ind in short term and SELL 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 134.5 and Shricon Ind (ShriconInd) stock is trading below this level. This means that stock is falling with high volumes. 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 has given negative 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Shricon Ind in short term but the sell signal is initial and weak.
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 in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Shricon Ind in short term and SELL 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 134.5 and Shricon Ind (ShriconInd) stock is trading below this level. This means that stock is falling with high volumes. 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 has given negative 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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