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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 2022-01-06 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, -8Buy
Stochastics 66None
CCI 27Sell
RSI 47Sell
OBV 38221Sell
VWAP 527Buy
ADL 0Sell
ROC 2Buy
Force Index 0Sell

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.

Click here for Shankara charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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