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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 2022-01-07 View latest technical analysis

10 day averaged volume of Shankara is 7092

Date Daily Closing Price Open High Low Volume
07 Fri Jan 2022 537.20 534.00 544.90 532.00 1.418 times
06 Thu Jan 2022 530.50 529.90 533.40 525.10 0.964 times
05 Wed Jan 2022 535.40 528.70 542.60 528.35 0.313 times
04 Tue Jan 2022 530.35 529.30 537.50 525.15 2.025 times
03 Mon Jan 2022 525.65 535.15 538.05 523.95 0.641 times
31 Fri Dec 2021 531.45 535.95 544.00 530.10 1.208 times
30 Thu Dec 2021 533.65 524.00 541.00 524.00 0.864 times
29 Wed Dec 2021 524.45 522.85 533.95 520.10 1.122 times
28 Tue Dec 2021 521.65 517.10 534.00 516.10 1.484 times
27 Mon Dec 2021 513.10 511.05 519.95 509.10 0.16 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 532.3, but if it comes below 532.3, then a intra day sell could be more profitable.
If you take a sell trade below 532.3, then use 532.3 as stoploss and 519.28 as target. However if you take a buy trade in stock , then use 532.3 as stoploss and 547.9 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
Downside Target 536.25
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 525.8
Downside Intraday Target 514.4
Upside Intraday Target 546.75
Upside Intraday Target 556.3
Downside Intraday Target 535.35

Weekly technical analysis of Shankara (Shankara)

Date Weekly Closing Price Open High Low Volume
07 Fri Jan 2022 537.20 535.15 544.90 523.95 1.108 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
07 Fri Jan 2022 537.20 535.15 544.90 523.95 0.153 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 29, 15, 31 Buy
MACD -2, -7Buy
Stochastics 71Buy
CCI 114Buy
RSI 47Sell
OBV 23562Sell
VWAP 529Buy
ADL 0Sell
ROC 4Buy
Force Index 0Sell

Price action analysis of Shankara ( (Shankara) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Shankara ( (Shankara) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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 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 529.4 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 positive

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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