(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, -8 | Buy |
| Stochastics | 78 | Buy |
| CCI | 128 | Sell |
| RSI | 53 | Buy |
| OBV | 52371 | Sell |
| VWAP | 749 | Buy |
| ADL | 0 | Sell |
| ROC | 8 | Buy |
| Force Index | 0 | Sell |
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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