(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 2021-11-26 View latest technical analysis
10 day averaged volume of Shankara is 59782
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Fri Nov 2021 | 536.55 | 552.40 | 558.10 | 528.30 | 0.28 times |
| 25 Thu Nov 2021 | 561.20 | 561.85 | 575.20 | 555.35 | 0.556 times |
| 24 Wed Nov 2021 | 558.95 | 560.80 | 571.90 | 556.50 | 0.413 times |
| 23 Tue Nov 2021 | 554.25 | 550.00 | 567.55 | 543.55 | 0.682 times |
| 22 Mon Nov 2021 | 546.05 | 561.75 | 561.75 | 542.40 | 0.684 times |
| 18 Thu Nov 2021 | 561.10 | 581.60 | 585.65 | 558.40 | 2.081 times |
| 17 Wed Nov 2021 | 580.15 | 578.20 | 593.10 | 576.30 | 2.079 times |
| 16 Tue Nov 2021 | 582.15 | 579.75 | 598.00 | 576.45 | 2.003 times |
| 15 Mon Nov 2021 | 576.35 | 597.35 | 598.90 | 573.00 | 0.896 times |
| 12 Fri Nov 2021 | 594.95 | 576.65 | 597.70 | 572.35 | 0.242 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 528.1, for a target of 551 or 570.13
Share price targets for Shankara (Shankara)
| Target Type | Value |
| Downside Target | 443.00 |
| Downside Target | 521.80 |
| Upside Target | 539.45 |
| Upside Target | 558.40 |
| Upside Target | 598.90 |
| Upside Target | 613.20 |
| Upside Target | 619.00 |
| Upside Target | 637.95 |
| Upside Target | 648.00 |
| Upside Target | 669.25 |
| Upside Target | 683.00 |
Intraday share price targets for Shankara (Shankara)
| Target Type | Value |
| Downside Intraday Target | 518.17 |
| Downside Intraday Target | 499.78 |
| Upside Intraday Target | 565.07 |
| Upside Intraday Target | 593.58 |
| Upside Intraday Target | 546.68 |
Weekly technical analysis of Shankara (Shankara)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Fri Nov 2021 | 536.55 | 561.75 | 575.20 | 528.30 | 0.37 times |
| 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 |
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 |
| 26 Fri Nov 2021 | 536.55 | 551.10 | 619.00 | 528.30 | 1.446 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 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, 28, 28 | Sell |
| MACD | -10, -5 | Sell |
| Stochastics | 25 | Sell |
| CCI | -133 | Sell |
| RSI | 41 | Sell |
| OBV | -112361 | Sell |
| VWAP | 569 | Sell |
| ADL | 0 | Sell |
| ROC | -6 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Shankara ( (Shankara) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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
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 SELL signal in short term and selling is picking up 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 569.26 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.
Click here for Shankara charts
Click here for further forecast and predictions for tomorrow