(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 2022-01-06 View latest technical analysis
10 day averaged volume of Shankara is 7469
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Thu Jan 2022 | 530.50 | 529.90 | 533.40 | 525.10 | 0.915 times |
| 05 Wed Jan 2022 | 535.40 | 528.70 | 542.60 | 528.35 | 0.297 times |
| 04 Tue Jan 2022 | 530.35 | 529.30 | 537.50 | 525.15 | 1.923 times |
| 03 Mon Jan 2022 | 525.65 | 535.15 | 538.05 | 523.95 | 0.609 times |
| 31 Fri Dec 2021 | 531.45 | 535.95 | 544.00 | 530.10 | 1.147 times |
| 30 Thu Dec 2021 | 533.65 | 524.00 | 541.00 | 524.00 | 0.82 times |
| 29 Wed Dec 2021 | 524.45 | 522.85 | 533.95 | 520.10 | 1.066 times |
| 28 Tue Dec 2021 | 521.65 | 517.10 | 534.00 | 516.10 | 1.409 times |
| 27 Mon Dec 2021 | 513.10 | 511.05 | 519.95 | 509.10 | 0.152 times |
| 24 Fri Dec 2021 | 514.95 | 517.00 | 520.00 | 509.30 | 1.158 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 531.3 as stoploss in an intra day sell trade for a target of 518.77. However, stock will show a bullish move above 531.3.
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 | 522.1 |
| Downside Intraday Target | 513.7 |
| Upside Intraday Target | 540.75 |
| Upside Intraday Target | 551 |
| Upside Intraday Target | 532.35 |
Weekly technical analysis of Shankara (Shankara)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Thu Jan 2022 | 530.50 | 535.15 | 542.60 | 523.95 | 0.815 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 |
| 06 Thu Jan 2022 | 530.50 | 535.15 | 542.60 | 523.95 | 0.113 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 | -4, -8 | Buy |
| Stochastics | 66 | None |
| CCI | 27 | Sell |
| RSI | 47 | Sell |
| OBV | 38221 | Sell |
| VWAP | 527 | Buy |
| ADL | 0 | Sell |
| ROC | 2 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Shankara ( (Shankara) ) based on a short 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.
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 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 losing 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 coming down
CCI has generated a SELL signal for Shankara in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling 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 526.53 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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