(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 2022-01-19 View latest technical analysis
10 day averaged volume of Shankara is 10236
|Date||Daily Closing Price||Open||High||Low||Volume|
|19 Wed Jan 2022||517.30||518.00||525.00||509.70||11.431 times|
|18 Tue Jan 2022||518.85||540.10||542.00||516.85||1.293 times|
|17 Mon Jan 2022||538.90||547.30||553.95||536.95||0.97 times|
|14 Fri Jan 2022||544.80||545.55||551.95||543.60||1.582 times|
|13 Thu Jan 2022||545.30||557.20||564.00||544.15||1.805 times|
|12 Wed Jan 2022||550.45||541.20||556.50||539.10||0.593 times|
|11 Tue Jan 2022||535.80||541.15||549.15||532.45||1.238 times|
|10 Mon Jan 2022||538.50||539.80||549.95||530.00||0.651 times|
|07 Fri Jan 2022||537.20||534.00||544.90||532.00||0.982 times|
|06 Thu Jan 2022||530.50||529.90||533.40||525.10||0.668 times|
Stock of Shankara (Shankara) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 520.1, but if it comes above 520.1, then a intra day buy could be more profitable.
If you take a sell trade below 520.1, then use 520.1 as stoploss and 507.6 as target. However if you take a buy trade in stock , then use 520.1 as stoploss and 530.44 as target.
Share price targets for Shankara (Shankara)
Intraday share price targets for Shankara (Shankara)
|Downside Intraday Target||500.02|
|Downside Intraday Target||482.73|
|Upside Intraday Target||544.27|
|Upside Intraday Target||571.23|
|Upside Intraday Target||526.98|
Weekly technical analysis of Shankara (Shankara)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|19 Wed Jan 2022||517.30||547.30||553.95||509.70||2.333 times|
|14 Fri Jan 2022||544.80||539.80||564.00||530.00||1.581 times|
|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|
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Shankara (Shankara)
|Date||Monthly Closing Price||Open||High||Low||Volume|
|19 Wed Jan 2022||517.30||535.15||564.00||509.70||0.962 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||19, 24, 14||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 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 to mid 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 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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Shankara in short term and the sell signal is strong.
Shankara Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 coming down
CCI has generated a SELL signal for Shankara in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining 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 526.81 and Shankara (Shankara) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Shankara (Shankara) stock. Volume based technical analysis of Shankara (Shankara) stock is negative.
Shankara Stock has given negative 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.