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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)

10 day averaged volume of Shankara is 2592

Date Daily Closing Price Open High Low Volume
25 Wed Jan 2023 634.35 642.95 642.95 628.95 0.265 times
24 Tue Jan 2023 644.35 653.40 665.40 644.00 0.938 times
23 Mon Jan 2023 653.00 648.45 654.10 647.15 0.306 times
20 Fri Jan 2023 646.30 647.70 651.85 640.90 0.202 times
19 Thu Jan 2023 647.95 630.55 652.35 627.85 0.597 times
18 Wed Jan 2023 630.05 640.00 641.35 627.50 0.12 times
17 Tue Jan 2023 635.95 634.85 651.55 627.65 2.001 times
16 Mon Jan 2023 642.30 667.65 667.65 635.50 0.863 times
13 Fri Jan 2023 659.10 660.40 663.70 651.30 0.283 times
12 Thu Jan 2023 661.75 655.00 667.40 655.00 0.754 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 642.7, but if it comes above 642.7, then a intra day buy could be more profitable.
If you take a sell trade below 642.7, then use 642.7 as stoploss and 628.7 as target. However if you take a buy trade in stock , then use 642.7 as stoploss and 654.37 as target.

Share price targets for Shankara (Shankara)

Target Type Value
Downside Target 582.80
Downside Target 594.90
Downside Target 627.50
Upside Target 648.95
Upside Target 685.05
Upside Target 688.00
Upside Target 691.20
Upside Target 744.25
Upside Target 764.35
Upside Target 765.05
Upside Target 809.20

Intraday share price targets for Shankara (Shankara)

Target Type Value
Downside Intraday Target 620.4
Downside Intraday Target 606.45
Upside Intraday Target 656.85
Upside Intraday Target 679.35
Upside Intraday Target 642.9

Weekly technical analysis of Shankara (Shankara)

Date Weekly Closing Price Open High Low Volume
25 Wed Jan 2023 634.35 648.45 665.40 628.95 0.399 times
20 Fri Jan 2023 646.30 667.65 667.65 627.50 0.567 times
13 Fri Jan 2023 659.10 669.45 674.50 648.95 1.211 times
06 Fri Jan 2023 666.75 674.90 688.00 652.60 0.433 times
30 Fri Dec 2022 668.00 598.10 677.95 594.90 0.692 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
25 Wed Jan 2023 634.35 674.90 688.00 627.50 0.244 times
30 Fri Dec 2022 668.00 712.10 764.35 582.80 1.244 times
30 Wed Nov 2022 716.35 713.05 744.25 685.05 1.901 times
31 Mon Oct 2022 709.35 692.00 765.05 691.20 0.282 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 17, 23, 15 Sell
MACD -23, -23Buy
Stochastics 37None
CCI -100Sell
RSI 56Buy
OBV -25258Sell
VWAP 644Sell
ADL 0Sell
ROC -5Sell
Force Index 0Sell

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 term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Shankara ( (Shankara) ) based on a short to mid 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 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 BUY signal for Shankara in short term but the buy signal is initial and weak.

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. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below 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 but buying is losing 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 644.28 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 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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Daily charts

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Daily chart

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