Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2022-01-05 View latest technical analysis

10 day averaged volume of Shankara is 7721

Date Daily Closing Price Open High Low Volume
05 Wed Jan 2022 535.40 528.70 542.60 528.35 0.287 times
04 Tue Jan 2022 530.35 529.30 537.50 525.15 1.86 times
03 Mon Jan 2022 525.65 535.15 538.05 523.95 0.589 times
31 Fri Dec 2021 531.45 535.95 544.00 530.10 1.11 times
30 Thu Dec 2021 533.65 524.00 541.00 524.00 0.793 times
29 Wed Dec 2021 524.45 522.85 533.95 520.10 1.031 times
28 Tue Dec 2021 521.65 517.10 534.00 516.10 1.363 times
27 Mon Dec 2021 513.10 511.05 519.95 509.10 0.147 times
24 Fri Dec 2021 514.95 517.00 520.00 509.30 1.12 times
23 Thu Dec 2021 520.45 527.65 544.90 517.00 1.374 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 530.4, but if it comes below 530.4, then a intra day sell could be more profitable.
If you take a sell trade below 530.4, then use 530.4 as stoploss and 518.15 as target. However if you take a buy trade in stock , then use 530.4 as stoploss and 545 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 542.60
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 525.37
Downside Intraday Target 515.33
Upside Intraday Target 544.02
Upside Intraday Target 552.63
Downside Intraday Target 533.98

Weekly technical analysis of Shankara (Shankara)

Date Weekly Closing Price Open High Low Volume
05 Wed Jan 2022 535.40 535.15 542.60 523.95 0.616 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 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
05 Wed Jan 2022 535.40 535.15 542.60 523.95 0.085 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 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 25, 16, 23 Buy
MACD -5, -10Buy
Stochastics 66None
CCI 97Buy
RSI 46Sell
OBV 61060Sell
VWAP 525Buy
ADL 0Sell
ROC 3Buy
Force Index 0Sell

Price action analysis of Shankara ( (Shankara) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 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 525.31 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.

Click here for Shankara charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme