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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 2022-06-06 View latest technical analysis

10 day averaged volume of Shankara is 7203

Date Daily Closing Price Open High Low Volume
06 Mon Jun 2022 783.25 782.00 796.55 742.05 1.121 times
03 Fri Jun 2022 763.30 769.00 816.75 756.95 5.185 times
02 Thu Jun 2022 761.15 700.80 770.00 700.80 1.873 times
01 Wed Jun 2022 704.25 702.30 718.15 697.25 0.761 times
31 Tue May 2022 702.95 686.90 711.90 686.30 0.294 times
30 Mon May 2022 694.30 678.60 698.90 672.55 0.272 times
27 Fri May 2022 675.10 686.45 692.35 668.60 0.313 times
26 Thu May 2022 681.25 694.05 694.05 663.65 0.339 times
25 Wed May 2022 690.20 720.10 727.20 682.35 0.377 times
24 Tue May 2022 716.25 727.25 731.50 710.60 0.287 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 782.4, for a target of 742.3 or 708.76

Share price targets for Shankara (Shankara)

Target Type Value
Downside Target 486.95
Downside Target 647.95
Downside Target 697.25
Downside Target 722.00
Downside Target 740.25
Downside Target 755.70
Downside Target 774.85
Upside Target 796.55
Upside Target 816.75
Upside Target 829.95
Upside Target 843.00

Intraday share price targets for Shankara (Shankara)

Target Type Value
Downside Intraday Target 751.35
Downside Intraday Target 719.45
Upside Intraday Target 805.85
Upside Intraday Target 828.45
Downside Intraday Target 773.95

Weekly technical analysis of Shankara (Shankara)

Date Weekly Closing Price Open High Low Volume
06 Mon Jun 2022 783.25 782.00 796.55 742.05 0.134 times
03 Fri Jun 2022 763.30 678.60 816.75 672.55 5.196 times
27 Fri May 2022 675.10 744.00 755.70 663.65 0.383 times
20 Fri May 2022 744.30 675.20 748.75 663.35 0.852 times
13 Fri May 2022 679.00 722.00 722.00 650.45 1.499 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
06 Mon Jun 2022 783.25 702.30 816.75 697.25 0.611 times
31 Tue May 2022 702.95 746.60 774.85 650.45 0.45 times
29 Fri Apr 2022 758.95 786.00 829.95 740.25 0.356 times
31 Thu Mar 2022 786.00 723.75 843.00 647.95 0.372 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 33, 15, 37 Buy
MACD 7, -8Buy
Stochastics 78Buy
CCI 128Sell
RSI 53Buy
OBV 52371Sell
VWAP 749Buy
ADL 0Sell
ROC 8Buy
Force Index 0Sell

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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

ADX buy sell signal for Shankara stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Shankara in short term and the buy signal is strong.

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 green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Shankara in short term but SELL signal is weak.

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 748.55 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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