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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 2022-01-04 View latest technical analysis

10 day averaged volume of Shankara is 7292

Date Daily Closing Price Open High Low Volume
04 Tue Jan 2022 530.35 529.30 537.50 525.15 1.969 times
03 Mon Jan 2022 525.65 535.15 538.05 523.95 0.623 times
31 Fri Dec 2021 531.45 535.95 544.00 530.10 1.175 times
30 Thu Dec 2021 533.65 524.00 541.00 524.00 0.84 times
29 Wed Dec 2021 524.45 522.85 533.95 520.10 1.091 times
28 Tue Dec 2021 521.65 517.10 534.00 516.10 1.443 times
27 Mon Dec 2021 513.10 511.05 519.95 509.10 0.155 times
24 Fri Dec 2021 514.95 517.00 520.00 509.30 1.186 times
23 Thu Dec 2021 520.45 527.65 544.90 517.00 1.455 times
22 Wed Dec 2021 517.65 506.00 523.40 506.00 0.65 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 528.5, but if it comes below 528.5, then a intra day sell could be more profitable.
If you take a sell trade below 528.5, then use 528.5 as stoploss and 516.84 as target. However if you take a buy trade in stock , then use 528.5 as stoploss and 542.5 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 522.00
Upside Target 536.25
Upside Target 539.45
Upside Target 544.00
Upside Target 544.90
Upside Target 619.00
Upside Target 637.95
Upside Target 648.00

Intraday share price targets for Shankara (Shankara)

Target Type Value
Downside Intraday Target 523.52
Downside Intraday Target 516.68
Upside Intraday Target 537.62
Upside Intraday Target 544.88
Upside Intraday Target 530.78

Weekly technical analysis of Shankara (Shankara)

Date Weekly Closing Price Open High Low Volume
04 Tue Jan 2022 530.35 535.15 538.05 523.95 0.551 times
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

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
04 Tue Jan 2022 530.35 535.15 538.05 523.95 0.076 times
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

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 24, 17, 17 Buy
MACD -7, -12Buy
Stochastics 69None
CCI 63Buy
RSI 47Sell
OBV 72342Sell
VWAP 525Buy
ADL 0Sell
ROC 6Buy
Force Index 0Sell

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 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 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 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 Weak 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

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 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 524.55 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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