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 2022-06-10 View latest technical analysis

10 day averaged volume of Shankara is 8363

Date Daily Closing Price Open High Low Volume
10 Fri Jun 2022 762.10 759.30 778.00 756.90 0.481 times
09 Thu Jun 2022 770.40 759.80 776.20 756.60 0.441 times
08 Wed Jun 2022 763.15 777.20 782.55 758.50 0.318 times
07 Tue Jun 2022 773.60 781.50 793.75 769.00 0.785 times
06 Mon Jun 2022 783.25 782.00 796.55 742.05 0.965 times
03 Fri Jun 2022 763.30 769.00 816.75 756.95 4.466 times
02 Thu Jun 2022 761.15 700.80 770.00 700.80 1.613 times
01 Wed Jun 2022 704.25 702.30 718.15 697.25 0.655 times
31 Tue May 2022 702.95 686.90 711.90 686.30 0.253 times
30 Mon May 2022 694.30 678.60 698.90 672.55 0.234 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 761.8, but if it comes below 761.8, then a intra day sell could be more profitable.
If you take a sell trade below 761.8, then use 761.8 as stoploss and 726.98 as target. However if you take a buy trade in stock , then use 761.8 as stoploss and 803.6 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 737.25
Downside Intraday Target 712.4
Upside Intraday Target 791.75
Upside Intraday Target 821.4
Upside Intraday Target 766.9

Weekly technical analysis of Shankara (Shankara)

Date Weekly Closing Price Open High Low Volume
10 Fri Jun 2022 762.10 782.00 796.55 742.05 0.414 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 down 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
10 Fri Jun 2022 762.10 702.30 816.75 697.25 0.772 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 26, 15, 28 Buy
MACD 18, 9Buy
Stochastics 65None
CCI 41Sell
RSI 54Buy
OBV 73624Sell
VWAP 759Buy
ADL 0Sell
ROC 13Buy
Force Index 0Sell

Price action analysis of Shankara ( (Shankara) ) based on a short 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.

Price action analysis of Shankara ( (Shankara) ) based on a short 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.

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 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 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 coming down

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 759.01 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