Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2023-09-14 View latest technical analysis

10 day averaged volume of Sh Karthik is 43025

Date	Daily Closing Price	Open	High	Low	Volume
14 Thu Sep 2023	10.39	9.90	10.40	9.46	0.35 times
13 Wed Sep 2023	9.93	10.00	10.00	9.24	0.18 times
12 Tue Sep 2023	9.72	10.50	10.68	9.63	0.474 times
11 Mon Sep 2023	10.00	11.80	11.80	9.90	1.211 times
08 Fri Sep 2023	10.76	11.25	12.38	10.30	2.885 times
07 Thu Sep 2023	10.54	9.40	10.54	9.00	2.684 times
06 Wed Sep 2023	8.79	8.10	9.33	7.60	0.94 times
05 Tue Sep 2023	7.78	7.20	8.20	7.20	0.449 times
04 Mon Sep 2023	7.34	7.77	7.98	6.36	0.405 times
01 Fri Sep 2023	7.62	8.00	8.11	7.50	0.371 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 9.7, but if it comes below 9.7, then a intra day sell could be more profitable.
If you take a sell trade below 9.7, then use 9.7 as stoploss and 8.35 as target. However if you take a buy trade in stock , then use 9.7 as stoploss and 11.2 as target.

Share price targets for Sh Karthik (ShKarthik)

Target Type	Value
Downside Target	6.05
Downside Target	6.32
Downside Target	6.50
Downside Target	7.02
Downside Target	7.47
Downside Target	7.70
Downside Target	8.80
Downside Target	8.99
Downside Target	9.24
Downside Target	9.40
Upside Target	11.80
Upside Target	12.38

Intraday share price targets for Sh Karthik (ShKarthik)

Target Type	Value
Downside Intraday Target	9.15
Downside Intraday Target	7.92
Upside Intraday Target	11.71
Upside Intraday Target	13.04
Upside Intraday Target	10.48

Weekly technical analysis of Sh Karthik (ShKarthik)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Thu Sep 2023	10.39	11.80	11.80	9.24	0.301 times
08 Fri Sep 2023	10.76	7.77	12.38	6.36	2.393 times
01 Fri Sep 2023	7.62	7.49	8.80	7.02	1.82 times
25 Fri Aug 2023	7.34	7.07	7.70	6.60	3.169 times
18 Fri Aug 2023	6.93	6.99	7.10	6.60	0.742 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 Sh Karthik (ShKarthik)

Date	Monthly Closing Price	Open	High	Low	Volume
14 Thu Sep 2023	10.39	8.00	12.38	6.36	1.597 times
31 Thu Aug 2023	8.11	6.84	8.80	6.53	1.267 times
31 Mon Jul 2023	6.83	7.20	8.99	6.50	0.876 times
30 Fri Jun 2023	7.08	6.99	9.40	6.05	2.838 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 Sh Karthik (ShKarthik)

Price action analysis of Sh Karthik ( (ShKarthik) ) 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 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 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 Sh Karthik stock for short term is BUY. Signal strength is Strong and stock is gaining 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. 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 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 9.95 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.