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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)

Showing technical analysis as on 2021-12-31 View latest technical analysis

10 day averaged volume of Shankara is 7949

Date Daily Closing Price Open High Low Volume
31 Fri Dec 2021 531.45 535.95 544.00 530.10 1.078 times
30 Thu Dec 2021 533.65 524.00 541.00 524.00 0.771 times
29 Wed Dec 2021 524.45 522.85 533.95 520.10 1.001 times
28 Tue Dec 2021 521.65 517.10 534.00 516.10 1.324 times
27 Mon Dec 2021 513.10 511.05 519.95 509.10 0.143 times
24 Fri Dec 2021 514.95 517.00 520.00 509.30 1.088 times
23 Thu Dec 2021 520.45 527.65 544.90 517.00 1.335 times
22 Wed Dec 2021 517.65 506.00 523.40 506.00 0.596 times
21 Tue Dec 2021 502.45 497.90 507.90 493.05 1.267 times
20 Mon Dec 2021 485.25 498.00 498.00 477.50 1.198 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 526.1, but if it comes below 526.1, then a intra day sell could be more profitable.
If you take a sell trade below 526.1, then use 526.1 as stoploss and 513.86 as target. However if you take a buy trade in stock , then use 526.1 as stoploss and 540.7 as target.

Share price targets for Shankara (Shankara)

Target Type Value
Downside Target 477.50
Downside Target 487.05
Downside Target 509.10
Downside Target 521.80
Upside Target 539.45
Upside Target 544.00
Upside Target 544.90
Upside Target 619.00
Upside Target 637.95
Upside Target 648.00
Upside Target 683.00

Intraday share price targets for Shankara (Shankara)

Target Type Value
Downside Intraday Target 512.37
Downside Intraday Target 493.28
Upside Intraday Target 547.27
Upside Intraday Target 563.08
Downside Intraday Target 528.18

Weekly technical analysis of Shankara (Shankara)

Date Weekly Closing Price Open High Low Volume
31 Fri Dec 2021 531.45 511.05 544.00 509.10 0.787 times
24 Fri Dec 2021 514.95 498.00 544.90 477.50 0.911 times
17 Fri Dec 2021 498.40 536.25 536.25 497.50 0.557 times
10 Fri Dec 2021 527.10 513.05 536.35 496.20 1.137 times
03 Fri Dec 2021 511.70 517.00 528.45 487.05 0.484 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
31 Fri Dec 2021 531.45 515.00 544.90 477.50 0.302 times
30 Tue Nov 2021 496.25 551.10 619.00 487.05 1.52 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

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 29, 16, 27 Buy
MACD -9, -15Buy
Stochastics 78Buy
CCI 102Buy
RSI 47Sell
OBV 28019Sell
VWAP 516Buy
ADL 0Sell
ROC 7Buy
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 coming down

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

RSI is generating a SELL signal in short term but selling is losing 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 515.75 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 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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