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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 2769

Date Daily Closing Price Open High Low Volume
07 Tue Feb 2023 674.00 683.75 683.75 667.85 2.069 times
06 Mon Feb 2023 670.60 636.00 692.05 631.25 1.753 times
03 Fri Feb 2023 640.70 640.45 645.70 625.90 0.393 times
02 Thu Feb 2023 639.60 623.25 648.60 623.05 0.24 times
01 Wed Feb 2023 630.85 629.20 637.40 624.30 0.873 times
31 Tue Jan 2023 627.35 594.70 628.10 594.60 2.693 times
30 Mon Jan 2023 595.80 604.15 612.95 593.20 0.609 times
27 Fri Jan 2023 602.55 633.00 633.70 598.40 2.029 times
25 Wed Jan 2023 634.35 642.95 642.95 628.95 0.248 times
24 Tue Jan 2023 644.35 653.40 665.40 644.00 0.878 times

Stock of Shankara (Shankara) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 663.5, but if it comes below 663.5, then a intra day sell could be more profitable.
If you take a sell trade below 663.5, then use 663.5 as stoploss and 643.43 as target. However if you take a buy trade in stock , then use 663.5 as stoploss and 687.7 as target.

Share price targets for Shankara (Shankara)

Target Type Value
Downside Target 582.80
Downside Target 623.05
Downside Target 648.60
Downside Target 665.40
Upside Target 685.05
Upside Target 688.00
Upside Target 691.20
Upside Target 692.05
Upside Target 744.25
Upside Target 764.35
Upside Target 765.05

Intraday share price targets for Shankara (Shankara)

Target Type Value
Downside Intraday Target 639.48
Downside Intraday Target 604.97
Upside Intraday Target 700.28
Upside Intraday Target 726.57
Downside Intraday Target 665.77

Weekly technical analysis of Shankara (Shankara)

Date Weekly Closing Price Open High Low Volume
07 Tue Feb 2023 674.00 636.00 692.05 631.25 0.795 times
03 Fri Feb 2023 640.70 604.15 648.60 593.20 1.397 times
27 Fri Jan 2023 602.55 648.45 665.40 598.40 0.972 times
20 Fri Jan 2023 646.30 667.65 667.65 627.50 0.567 times
13 Fri Jan 2023 659.10 669.45 674.50 648.95 1.211 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
07 Tue Feb 2023 674.00 629.20 692.05 623.05 0.246 times
31 Tue Jan 2023 627.35 674.90 688.00 593.20 0.324 times
30 Fri Dec 2022 668.00 712.10 764.35 582.80 1.244 times
30 Wed Nov 2022 716.35 713.05 744.25 685.05 1.901 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 32, 15, 37 Buy
MACD -12, -21Buy
Stochastics 75Buy
CCI 153Buy
RSI 52Buy
OBV -6946Sell
VWAP 638Buy
ADL 0Sell
ROC 3Buy
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Shankara ( (Shankara) ) based on a mid to longer 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.

ADX buy sell signal for Shankara stock for short term is BUY. Signal strength is Strong and stock is gaining 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 moving up

CCI has generated a buy signal for Shankara in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 638.44 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 positive

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

Daily charts

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Daily chart

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