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(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, -15Buy
Stochastics 75Buy
CCI 47Sell
RSI 50Sell
OBV -11241Sell
VWAP 698Buy
ADL 0Sell
ROC 2Buy
Force Index 0Sell

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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Daily charts

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Daily chart

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