(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)
Showing technical analysis as on 2021-11-18 View latest technical analysis
10 day averaged volume of Shankara is 46553
|Date||Daily Closing Price||Open||High||Low||Volume|
|18 Thu Nov 2021||561.10||581.60||585.65||558.40||2.672 times|
|17 Wed Nov 2021||580.15||578.20||593.10||576.30||2.669 times|
|16 Tue Nov 2021||582.15||579.75||598.00||576.45||2.572 times|
|15 Mon Nov 2021||576.35||597.35||598.90||573.00||1.15 times|
|12 Fri Nov 2021||594.95||576.65||597.70||572.35||0.311 times|
|11 Thu Nov 2021||571.20||584.80||588.95||567.80||0.469 times|
|10 Wed Nov 2021||586.80||594.90||599.45||582.15||0.644 times|
|09 Tue Nov 2021||595.40||602.70||618.55||592.00||0.641 times|
|08 Mon Nov 2021||599.20||580.00||619.00||580.00||0.552 times|
|04 Thu Nov 2021||595.75||600.00||600.00||592.10||0.031 times|
Stock of Shankara (Shankara) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 554.1 as stoploss in an intra day buy trade for a target of 571.57. However, stock will show a bearish move below 554.1.
Share price targets for Shankara (Shankara)
Intraday share price targets for Shankara (Shankara)
|Downside Intraday Target||546.7|
|Downside Intraday Target||532.3|
|Upside Intraday Target||587.2|
|Upside Intraday Target||613.3|
|Upside Intraday Target||572.8|
Weekly technical analysis of Shankara (Shankara)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|18 Thu Nov 2021||561.10||597.35||598.90||558.40||3.463 times|
|12 Fri Nov 2021||594.95||580.00||619.00||567.80||1.532 times|
|04 Thu Nov 2021||595.75||551.10||613.20||544.05||0.288 times|
|29 Fri Oct 2021||545.00||551.00||572.70||539.45||2.95 times|
|22 Fri Oct 2021||549.65||597.95||603.75||546.20||1.467 times|
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Shankara (Shankara)
|Date||Monthly Closing Price||Open||High||Low||Volume|
|18 Thu Nov 2021||561.10||551.10||619.00||544.05||1.156 times|
|29 Fri Oct 2021||545.00||591.95||637.95||539.45||1.123 times|
|30 Thu Sep 2021||591.95||547.00||648.00||522.00||0.429 times|
|31 Tue Aug 2021||543.10||654.25||683.00||521.80||0.729 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 Shankara (Shankara)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||18, 20, 3||Sell|
Price action analysis of Shankara ( (Shankara) ) based on a short 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
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 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 mid to longer term time period is
ADX buy sell signal for Shankara stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Shankara in short term but the sell signal is initial and weak.
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 SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 578.04 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.