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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 9194

Date Daily Closing Price Open High Low Volume
02 Fri Dec 2022 726.10 693.05 730.00 693.05 1.23 times
01 Thu Dec 2022 705.90 712.10 721.50 700.20 0.308 times
30 Wed Nov 2022 716.35 735.30 735.30 708.80 1.309 times
29 Tue Nov 2022 725.40 724.60 728.45 716.90 0.383 times
28 Mon Nov 2022 723.50 696.80 730.30 689.00 0.832 times
25 Fri Nov 2022 697.35 707.75 715.65 695.05 1.047 times
24 Thu Nov 2022 701.30 706.55 716.90 690.10 1.148 times
23 Wed Nov 2022 702.55 691.45 717.20 689.30 1.611 times
22 Tue Nov 2022 689.70 691.90 694.45 685.05 0.629 times
21 Mon Nov 2022 691.55 703.70 703.70 691.25 1.29 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 721.1, but if it comes below 721.1, then a intra day sell could be more profitable.
If you take a sell trade below 721.1, then use 721.1 as stoploss and 708.89 as target. However if you take a buy trade in stock , then use 721.1 as stoploss and 735.7 as target.

Share price targets for Shankara (Shankara)

Target Type Value
Downside Target 672.10
Downside Target 708.25
Downside Target 719.45
Upside Target 730.00
Upside Target 734.05
Upside Target 735.30
Upside Target 744.25
Upside Target 765.05
Upside Target 777.90
Upside Target 809.20

Intraday share price targets for Shankara (Shankara)

Target Type Value
Downside Intraday Target 698.3
Downside Intraday Target 670.5
Upside Intraday Target 744.6
Upside Intraday Target 763.1
Downside Intraday Target 716.8

Weekly technical analysis of Shankara (Shankara)

Date Weekly Closing Price Open High Low Volume
02 Fri Dec 2022 726.10 696.80 735.30 689.00 0.71 times
25 Fri Nov 2022 697.35 703.70 717.20 685.05 1.681 times
18 Fri Nov 2022 700.30 715.60 719.45 692.20 1.344 times
11 Fri Nov 2022 711.95 737.70 744.25 691.05 1.104 times
04 Fri Nov 2022 731.10 717.75 734.05 708.25 1.494 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
02 Fri Dec 2022 726.10 712.10 730.00 693.05 0.095 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
30 Fri Sep 2022 695.30 769.70 809.20 672.10 1.203 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 16, 14, 5 Buy
MACD -2, -6Buy
Stochastics 62None
CCI 64Buy
RSI 59Buy
OBV -11775Sell
VWAP 707Buy
ADL 0Sell
ROC 4Buy
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 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 short to mid 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 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 moving up

CCI has generated a buy signal for Shankara in short term and BUY 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

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 707.16 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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Daily charts

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Daily chart

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