(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)
Intraday share price targets for Shankara (Shankara)
|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|
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.