(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 2022-06-09 View latest technical analysis
10 day averaged volume of Shankara is 8239
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Thu Jun 2022 | 770.40 | 759.80 | 776.20 | 756.60 | 0.447 times |
| 08 Wed Jun 2022 | 763.15 | 777.20 | 782.55 | 758.50 | 0.322 times |
| 07 Tue Jun 2022 | 773.60 | 781.50 | 793.75 | 769.00 | 0.797 times |
| 06 Mon Jun 2022 | 783.25 | 782.00 | 796.55 | 742.05 | 0.98 times |
| 03 Fri Jun 2022 | 763.30 | 769.00 | 816.75 | 756.95 | 4.533 times |
| 02 Thu Jun 2022 | 761.15 | 700.80 | 770.00 | 700.80 | 1.637 times |
| 01 Wed Jun 2022 | 704.25 | 702.30 | 718.15 | 697.25 | 0.665 times |
| 31 Tue May 2022 | 702.95 | 686.90 | 711.90 | 686.30 | 0.257 times |
| 30 Mon May 2022 | 694.30 | 678.60 | 698.90 | 672.55 | 0.238 times |
| 27 Fri May 2022 | 675.10 | 686.45 | 692.35 | 668.60 | 0.273 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 758.2, but if it comes below 758.2, then a intra day sell could be more profitable.
If you take a sell trade below 758.2, then use 758.2 as stoploss and 722.83 as target. However if you take a buy trade in stock , then use 758.2 as stoploss and 800.6 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 | 742.78 |
| Downside Intraday Target | 715.17 |
| Upside Intraday Target | 797.28 |
| Upside Intraday Target | 824.17 |
| Downside Intraday Target | 769.67 |
Weekly technical analysis of Shankara (Shankara)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Thu Jun 2022 | 770.40 | 782.00 | 796.55 | 742.05 | 0.347 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 |
| 09 Thu Jun 2022 | 770.40 | 702.30 | 816.75 | 697.25 | 0.733 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 | 27, 16, 27 | Buy |
| MACD | 17, 5 | Buy |
| Stochastics | 69 | None |
| CCI | 54 | Sell |
| RSI | 53 | Buy |
| OBV | 72145 | Sell |
| VWAP | 757 | Buy |
| ADL | 0 | Sell |
| ROC | 13 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Shankara ( (Shankara) ) based on a short 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
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 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 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 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 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 but buying is losing 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 756.6 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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