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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)

10 day averaged volume of Shankara is 6887

Date	Daily Closing Price	Open	High	Low	Volume
31 Wed May 2023	715.65	735.00	735.00	708.05	0.42 times
30 Tue May 2023	709.25	704.90	720.00	701.65	0.912 times
29 Mon May 2023	700.75	711.00	711.00	694.00	0.535 times
26 Fri May 2023	707.35	697.45	719.65	687.65	0.335 times
25 Thu May 2023	698.45	704.25	713.85	695.05	0.479 times
24 Wed May 2023	705.95	728.85	737.45	694.00	0.798 times
23 Tue May 2023	728.85	729.95	739.95	718.00	1.934 times
22 Mon May 2023	720.80	715.05	729.45	691.55	2.387 times
19 Fri May 2023	697.00	682.00	703.70	670.00	1.475 times
18 Thu May 2023	682.85	688.65	703.40	681.30	0.991 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 711.6, but if it comes below 711.6, then a intra day sell could be more profitable.
If you take a sell trade below 711.6, then use 711.6 as stoploss and 685.3 as target. However if you take a buy trade in stock , then use 711.6 as stoploss and 743.3 as target.

Share price targets for Shankara (Shankara)

Target Type	Value
Downside Target	574.00
Downside Target	593.20
Downside Target	623.05
Downside Target	661.20
Downside Target	694.00
Downside Target	703.70
Downside Target	713.30
Upside Target	720.00
Upside Target	730.75
Upside Target	735.00
Upside Target	739.95

Intraday share price targets for Shankara (Shankara)

Target Type	Value
Downside Intraday Target	694.77
Downside Intraday Target	673.88
Upside Intraday Target	735.77
Upside Intraday Target	755.88
Downside Intraday Target	714.88

Weekly technical analysis of Shankara (Shankara)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Wed May 2023	715.65	711.00	735.00	694.00	0.315 times
26 Fri May 2023	707.35	715.05	739.95	687.65	0.544 times
19 Fri May 2023	697.00	689.80	703.70	670.00	1.323 times
12 Fri May 2023	685.70	636.50	720.00	636.50	9.335 times
05 Fri May 2023	641.55	637.95	661.20	629.15	0.277 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
31 Wed May 2023	715.65	637.95	739.95	629.15	5.479 times
28 Fri Apr 2023	631.30	602.95	675.00	602.95	0.209 times
31 Fri Mar 2023	612.95	694.30	713.30	574.00	3.936 times
28 Tue Feb 2023	691.85	629.20	730.75	623.05	0.707 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Shankara (Shankara)

Price action analysis of Shankara ( (Shankara) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Shankara ( (Shankara) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

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 but buying is losing 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 710.31 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.