(Shankara) Shankara complete technical analysis [charts+indicators] | Buy/Sell Shankara | (Shankara) share price targets
Complete technical analysis of Shankara (Shankara) by charts plus indicators, forecast predictions and share price targets for Shankara (Shankara)
10 day averaged volume of Shankara is 5411
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Tue May 2022 | 716.25 | 727.25 | 731.50 | 710.60 | 0.383 times |
| 23 Mon May 2022 | 722.50 | 744.00 | 755.70 | 717.15 | 0.397 times |
| 20 Fri May 2022 | 744.30 | 725.00 | 748.75 | 712.05 | 0.676 times |
| 19 Thu May 2022 | 706.15 | 716.00 | 729.40 | 700.00 | 0.812 times |
| 18 Wed May 2022 | 739.80 | 705.75 | 745.35 | 704.80 | 1.361 times |
| 17 Tue May 2022 | 705.85 | 717.00 | 725.40 | 692.50 | 1.469 times |
| 16 Mon May 2022 | 679.80 | 675.20 | 694.80 | 663.35 | 1.287 times |
| 13 Fri May 2022 | 679.00 | 652.05 | 692.00 | 652.05 | 0.886 times |
| 12 Thu May 2022 | 655.65 | 669.00 | 669.00 | 650.45 | 1.016 times |
| 11 Wed May 2022 | 669.05 | 699.55 | 708.25 | 664.90 | 1.255 times |
My analysis of stock is bearish for shortterm, and stock might move down till 688.6 or till 647.3. Use a stoploss of 722.96 and if the stock hits stoploss, then it can shoot up till 757.36
Share price targets for Shankara (Shankara)
| Target Type | Value |
| Downside Target | 480.10 |
| Downside Target | 564.00 |
| Downside Target | 647.95 |
| Downside Target | 710.60 |
| Upside Target | 740.25 |
| Upside Target | 752.35 |
| Upside Target | 755.70 |
| Upside Target | 774.85 |
| Upside Target | 817.95 |
| Upside Target | 829.95 |
| Upside Target | 843.00 |
Intraday share price targets for Shankara (Shankara)
| Target Type | Value |
| Downside Intraday Target | 699.33 |
| Downside Intraday Target | 682.42 |
| Upside Intraday Target | 744.43 |
| Upside Intraday Target | 772.62 |
| Upside Intraday Target | 727.52 |
Weekly technical analysis of Shankara (Shankara)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Tue May 2022 | 716.25 | 744.00 | 755.70 | 710.60 | 0.139 times |
| 20 Fri May 2022 | 744.30 | 675.20 | 748.75 | 663.35 | 0.852 times |
| 13 Fri May 2022 | 679.00 | 722.00 | 722.00 | 650.45 | 1.067 times |
| 06 Fri May 2022 | 722.65 | 746.60 | 774.85 | 710.65 | 0.71 times |
| 29 Fri Apr 2022 | 758.95 | 789.00 | 817.95 | 745.25 | 0.533 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 Shankara (Shankara)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 24 Tue May 2022 | 716.25 | 746.60 | 774.85 | 650.45 | 0.442 times |
| 29 Fri Apr 2022 | 758.95 | 786.00 | 829.95 | 740.25 | 0.356 times |
| 31 Thu Mar 2022 | 786.00 | 723.75 | 843.00 | 647.95 | 0.372 times |
| 28 Mon Feb 2022 | 738.75 | 528.00 | 752.35 | 486.95 | 5.272 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 Shankara (Shankara)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 22, 18, 9 | Buy |
| MACD | -12, -15 | Buy |
| Stochastics | 75 | Buy |
| CCI | 47 | Sell |
| RSI | 50 | Sell |
| OBV | -11241 | Sell |
| VWAP | 698 | Buy |
| ADL | 0 | Sell |
| ROC | 2 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Shankara ( (Shankara) ) 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 Shankara ( (Shankara) ) 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 Shankara ( (Shankara) ) 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 Shankara ( (Shankara) ) 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 Shankara stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Shankara in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Shankara 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 coming down
CCI has generated a SELL signal for Shankara in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Shankara is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 698.35 and Shankara (Shankara) 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 Shankara (Shankara) stock. Volume based technical analysis of Shankara (Shankara) stock is negative.
Shankara 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.
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