Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2022-06-07 View latest technical analysis

10 day averaged volume of Shankara is 7795

Date Daily Closing Price Open High Low Volume
07 Tue Jun 2022 773.60 781.50 793.75 769.00 0.842 times
06 Mon Jun 2022 783.25 782.00 796.55 742.05 1.036 times
03 Fri Jun 2022 763.30 769.00 816.75 756.95 4.792 times
02 Thu Jun 2022 761.15 700.80 770.00 700.80 1.731 times
01 Wed Jun 2022 704.25 702.30 718.15 697.25 0.703 times
31 Tue May 2022 702.95 686.90 711.90 686.30 0.272 times
30 Mon May 2022 694.30 678.60 698.90 672.55 0.251 times
27 Fri May 2022 675.10 686.45 692.35 668.60 0.289 times
26 Thu May 2022 681.25 694.05 694.05 663.65 0.313 times
25 Wed May 2022 690.20 720.10 727.20 682.35 0.348 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 748.7, but if it comes below 748.7, then a intra day sell could be more profitable.
If you take a sell trade below 748.7, then use 748.7 as stoploss and 712.39 as target. However if you take a buy trade in stock , then use 748.7 as stoploss and 792.2 as target.

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
Upside 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 744.92
Downside Intraday Target 716.23
Upside Intraday Target 799.42
Upside Intraday Target 825.23
Downside Intraday Target 770.73

Weekly technical analysis of Shankara (Shankara)

Date Weekly Closing Price Open High Low Volume
07 Tue Jun 2022 773.60 782.00 796.55 742.05 0.242 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
07 Tue Jun 2022 773.60 702.30 816.75 697.25 0.673 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 31, 14, 37 Buy
MACD 12, -3Buy
Stochastics 72Buy
CCI 101Buy
RSI 54Buy
OBV 59778Sell
VWAP 751Buy
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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

ADX buy sell signal for Shankara stock for short term is BUY. Signal strength is Strong and stock is gaining 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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

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 positive zone. This is a BUY 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 751.36 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.

Click here for Shankara charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme