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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 2022-06-09 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, 5Buy
Stochastics 69None
CCI 54Sell
RSI 53Buy
OBV 72145Sell
VWAP 757Buy
ADL 0Sell
ROC 13Buy
Force Index 0Sell

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.

Click here for Shankara charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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