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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 4449

Date Daily Closing Price Open High Low Volume
27 Fri May 2022 675.10 686.45 692.35 668.60 0.506 times
26 Thu May 2022 681.25 694.05 694.05 663.65 0.548 times
25 Wed May 2022 690.20 720.10 727.20 682.35 0.61 times
24 Tue May 2022 716.25 727.25 731.50 710.60 0.465 times
23 Mon May 2022 722.50 744.00 755.70 717.15 0.483 times
20 Fri May 2022 744.30 725.00 748.75 712.05 0.822 times
19 Thu May 2022 706.15 716.00 729.40 700.00 0.987 times
18 Wed May 2022 739.80 705.75 745.35 704.80 1.655 times
17 Tue May 2022 705.85 717.00 725.40 692.50 1.786 times
16 Mon May 2022 679.80 675.20 694.80 663.35 1.566 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 679.4, but if it comes above 679.4, then a intra day buy could be more profitable.
If you take a sell trade below 679.4, then use 679.4 as stoploss and 643.2 as target. However if you take a buy trade in stock , then use 679.4 as stoploss and 709.61 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 710.65
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 640.6
Downside Intraday Target 606.1
Upside Intraday Target 732.65
Upside Intraday Target 790.2
Upside Intraday Target 698.15

Weekly technical analysis of Shankara (Shankara)

Date Weekly Closing Price Open High Low Volume
27 Fri May 2022 675.10 744.00 755.70 663.65 0.383 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
27 Fri May 2022 675.10 746.60 774.85 650.45 0.474 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 16, 25, 23 Sell
MACD -21, -17Sell
Stochastics 26Sell
CCI -104Sell
RSI 52Buy
OBV -25640Sell
VWAP 708Sell
ADL 0Sell
ROC -1Sell
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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 gaining 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 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 and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining 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 Shankara is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 708.14 and Shankara (Shankara) stock is trading below this level. This means that stock is falling with high volumes. 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 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.

Click here for Shankara charts

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Daily charts

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Daily chart

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