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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 2022-06-16 View latest technical analysis

10 day averaged volume of Shankara is 8479

Date Daily Closing Price Open High Low Volume
16 Thu Jun 2022 687.40 718.55 723.50 670.00 0.434 times
15 Wed Jun 2022 709.85 709.70 721.00 707.45 0.294 times
14 Tue Jun 2022 704.80 714.80 728.10 701.75 0.276 times
13 Mon Jun 2022 717.15 752.80 757.70 712.00 0.486 times
10 Fri Jun 2022 762.10 759.30 778.00 756.90 0.474 times
09 Thu Jun 2022 770.40 759.80 776.20 756.60 0.434 times
08 Wed Jun 2022 763.15 777.20 782.55 758.50 0.313 times
07 Tue Jun 2022 773.60 781.50 793.75 769.00 0.775 times
06 Mon Jun 2022 783.25 782.00 796.55 742.05 0.952 times
03 Fri Jun 2022 763.30 769.00 816.75 756.95 4.405 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 692.1, but if it comes above 692.1, then a intra day buy could be more profitable.
If you take a sell trade below 692.1, then use 692.1 as stoploss and 651.1 as target. However if you take a buy trade in stock , then use 692.1 as stoploss and 726.36 as target.

Share price targets for Shankara (Shankara)

Target Type Value
Downside Target 486.95
Downside Target 647.95
Upside Target 740.25
Upside Target 755.70
Upside Target 757.70
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 652.37
Downside Intraday Target 617.33
Upside Intraday Target 740.07
Upside Intraday Target 792.73
Upside Intraday Target 705.03

Weekly technical analysis of Shankara (Shankara)

Date Weekly Closing Price Open High Low Volume
16 Thu Jun 2022 687.40 752.80 757.70 670.00 0.505 times
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

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
16 Thu Jun 2022 687.40 702.30 816.75 670.00 0.891 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 down 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 17, 32, 32 Sell
MACD -4, 5Sell
Stochastics 9Sell
CCI -125Sell
RSI 47Sell
OBV 38914Sell
VWAP 757Sell
ADL 0Sell
ROC -10Sell
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 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 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 SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Shankara in short term and the sell signal is strong.

Shankara Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Shankara in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 756.77 and Shankara (Shankara) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Shankara (Shankara) stock. Volume based technical analysis of Shankara (Shankara) stock is negative.

Shankara Stock has given negative 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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Daily charts

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Daily chart

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