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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 2024-11-06 View latest technical analysis

10 day averaged volume of Sh Karthik is 4261

Date	Daily Closing Price	Open	High	Low	Volume
06 Wed Nov 2024	11.89	11.98	11.98	11.50	1.28 times
05 Tue Nov 2024	11.70	11.98	11.98	11.01	1.413 times
04 Mon Nov 2024	11.56	11.55	11.97	11.40	1.625 times
01 Fri Nov 2024	11.39	11.59	11.59	11.31	0.364 times
31 Thu Oct 2024	11.56	11.60	11.60	11.25	0.401 times
30 Wed Oct 2024	11.39	11.38	11.60	11.13	1.128 times
29 Tue Oct 2024	11.61	11.25	11.72	11.25	0.262 times
28 Mon Oct 2024	11.34	11.23	11.49	10.75	1.977 times
25 Fri Oct 2024	11.18	11.60	11.80	10.75	0.746 times
24 Thu Oct 2024	11.12	11.25	11.62	11.10	0.757 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 11.8, but if it comes below 11.8, then a intra day sell could be more profitable.
If you take a sell trade below 11.8, then use 11.8 as stoploss and 11.53 as target. However if you take a buy trade in stock , then use 11.8 as stoploss and 12.1 as target.

Share price targets for Sh Karthik (ShKarthik)

Target Type	Value
Downside Target	8.50
Downside Target	9.11
Downside Target	9.82
Downside Target	10.58
Downside Target	11.00
Downside Target	11.26
Downside Target	11.49
Downside Target	11.72
Upside Target	11.98
Upside Target	12.00
Upside Target	12.58
Upside Target	13.05
Upside Target	14.76

Intraday share price targets for Sh Karthik (ShKarthik)

Target Type	Value
Downside Intraday Target	11.27
Downside Intraday Target	10.66
Upside Intraday Target	12.24
Upside Intraday Target	12.6
Downside Intraday Target	11.63

Weekly technical analysis of Sh Karthik (ShKarthik)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Wed Nov 2024	11.89	11.55	11.98	11.01	1.045 times
01 Fri Nov 2024	11.39	11.23	11.72	10.75	0.636 times
25 Fri Oct 2024	11.18	12.00	12.00	10.75	0.351 times
18 Fri Oct 2024	11.82	12.58	12.58	11.00	1.494 times
11 Fri Oct 2024	12.00	12.43	13.05	11.26	0.349 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
06 Wed Nov 2024	11.89	11.59	11.98	11.01	0.071 times
31 Thu Oct 2024	11.56	12.45	13.05	10.58	0.213 times
30 Mon Sep 2024	12.10	11.38	14.76	9.11	10.063 times
30 Fri Aug 2024	10.45	10.11	11.49	8.50	0.676 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 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 neutral. A longer time frame might give a better analysis.

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 Weak 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 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 red color and prices are in or above the red 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 SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 11.49 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.