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(ShKarthik) Sh Karthik complete technical analysis [charts+indicators] | Buy/Sell Sh Karthik | (ShKarthik) share price targets

Complete technical analysis of Sh Karthik (ShKarthik) by charts plus indicators, forecast predictions and share price targets for Sh Karthik (ShKarthik)

Showing technical analysis as on 2023-05-24 View latest technical analysis

10 day averaged volume of Sh Karthik is 3167

Date	Daily Closing Price	Open	High	Low	Volume
24 Wed May 2023	7.16	7.19	7.20	7.00	0.113 times
23 Tue May 2023	6.81	7.10	7.10	6.70	1.072 times
22 Mon May 2023	6.70	7.40	7.40	6.65	1.473 times
19 Fri May 2023	6.99	7.14	7.47	6.90	0.514 times
18 Thu May 2023	7.15	6.60	7.19	6.60	0.828 times
17 Wed May 2023	6.62	6.99	6.99	6.61	0.019 times
16 Tue May 2023	6.99	6.85	7.07	6.70	0.574 times
15 Mon May 2023	6.66	7.20	7.24	6.32	1.382 times
12 Fri May 2023	6.73	6.70	7.19	6.70	0.406 times
11 Thu May 2023	7.33	7.09	7.33	6.90	3.013 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 7.1, but if it comes below 7.1, then a intra day sell could be more profitable.
If you take a sell trade below 7.1, then use 7.1 as stoploss and 6.9 as target. However if you take a buy trade in stock , then use 7.1 as stoploss and 7.4 as target.

Share price targets for Sh Karthik (ShKarthik)

Target Type	Value
Downside Target	5.61
Downside Target	6.00
Downside Target	6.32
Downside Target	6.52
Downside Target	6.80
Downside Target	7.15
Upside Target	7.40
Upside Target	7.47
Upside Target	7.79
Upside Target	8.19
Upside Target	8.35

Intraday share price targets for Sh Karthik (ShKarthik)

Target Type	Value
Downside Intraday Target	6.74
Downside Intraday Target	6.32
Upside Intraday Target	7.49
Upside Intraday Target	7.82
Downside Intraday Target	7.07

Weekly technical analysis of Sh Karthik (ShKarthik)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Wed May 2023	7.16	7.40	7.40	6.65	0.801 times
19 Fri May 2023	6.99	7.20	7.47	6.32	0.332 times
12 Fri May 2023	6.73	7.00	7.40	6.32	4.854 times
05 Fri May 2023	6.74	7.24	7.24	6.52	1.107 times
28 Fri Apr 2023	7.03	6.90	7.19	6.60	0.307 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 Sh Karthik (ShKarthik)

Date	Monthly Closing Price	Open	High	Low	Volume
24 Wed May 2023	7.16	7.24	7.47	6.32	1.241 times
28 Fri Apr 2023	7.03	6.10	7.30	6.00	1.086 times
31 Fri Mar 2023	6.58	7.79	7.79	5.61	1.046 times
28 Tue Feb 2023	7.23	7.20	8.35	6.80	0.54 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 Sh Karthik (ShKarthik)

Price action analysis of Sh Karthik ( (ShKarthik) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Sh Karthik ( (ShKarthik) ) 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 Sh Karthik ( (ShKarthik) ) 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 Sh Karthik ( (ShKarthik) ) based on a mid to longer 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.

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

MACD generated a BUY signal for Sh Karthik 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.

Sh Karthik Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls 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 Sh Karthik 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 positive zone. This is a BUY zone

Stock of Sh Karthik is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 6.99 and Sh Karthik (ShKarthik) 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 Sh Karthik (ShKarthik) stock. Volume based technical analysis of Sh Karthik (ShKarthik) stock is negative.

Sh Karthik 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.