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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 7389

Date Daily Closing Price Open High Low Volume
16 Mon May 2022 679.80 675.20 694.80 663.35 0.943 times
13 Fri May 2022 679.00 652.05 692.00 652.05 0.649 times
12 Thu May 2022 655.65 669.00 669.00 650.45 0.744 times
11 Wed May 2022 669.05 699.55 708.25 664.90 0.919 times
10 Tue May 2022 701.15 706.10 712.15 695.45 0.616 times
09 Mon May 2022 707.35 722.00 722.00 701.00 1.891 times
06 Fri May 2022 722.65 731.60 737.90 718.30 0.632 times
05 Thu May 2022 746.50 739.70 757.85 731.05 1.3 times
04 Wed May 2022 729.45 766.50 770.75 710.65 1.046 times
02 Mon May 2022 761.20 746.60 774.85 734.80 1.536 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 697.1, but if it comes above 697.1, then a intra day buy could be more profitable.
If you take a sell trade below 697.1, then use 697.1 as stoploss and 642 as target. However if you take a buy trade in stock , then use 697.1 as stoploss and 742.97 as target.

Share price targets for Shankara (Shankara)

Target Type Value
Downside Target 480.10
Downside Target 564.00
Downside Target 647.95
Upside Target 694.80
Upside Target 710.65
Upside Target 740.25
Upside Target 752.35
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 663.83
Downside Intraday Target 647.87
Upside Intraday Target 695.28
Upside Intraday Target 710.77
Downside Intraday Target 679.32

Weekly technical analysis of Shankara (Shankara)

Date Weekly Closing Price Open High Low Volume
16 Mon May 2022 679.80 675.20 694.80 663.35 0.196 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
22 Fri Apr 2022 800.30 762.75 829.95 740.25 2.913 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 Shankara (Shankara)

Date Monthly Closing Price Open High Low Volume
16 Mon May 2022 679.80 746.60 774.85 650.45 0.325 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 12, 31, 43 Sell
MACD -28, -14Sell
Stochastics 17Sell
CCI -66Buy
RSI 41Sell
OBV -3534Sell
VWAP 712Sell
ADL 0Sell
ROC -10Sell
Force Index 0Sell

Price action analysis of Shankara ( (Shankara) ) based on a short 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 short 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

ADX buy sell signal for Shankara stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Shankara in short term and the sell signal is strong.

Shankara Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 Shankara in short term but BUY signal is weak.

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

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 711.69 and Shankara (Shankara) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Shankara (Shankara) stock. Volume based technical analysis of Shankara (Shankara) stock is negative.

Shankara Stock has given negative 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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