(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 2022-11-16 View latest technical analysis
10 day averaged volume of Shankara is 4612
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Wed Nov 2022 | 709.80 | 708.00 | 713.40 | 703.85 | 1.15 times |
| 15 Tue Nov 2022 | 705.05 | 708.35 | 710.15 | 700.60 | 0.658 times |
| 14 Mon Nov 2022 | 705.60 | 715.60 | 719.45 | 705.00 | 0.266 times |
| 11 Fri Nov 2022 | 711.95 | 708.20 | 717.00 | 708.05 | 1.413 times |
| 10 Thu Nov 2022 | 699.10 | 716.75 | 716.75 | 691.05 | 0.942 times |
| 09 Wed Nov 2022 | 713.30 | 739.30 | 744.25 | 710.85 | 1.137 times |
| 07 Mon Nov 2022 | 726.70 | 737.70 | 742.90 | 722.40 | 1.562 times |
| 04 Fri Nov 2022 | 731.10 | 728.55 | 734.05 | 725.05 | 0.499 times |
| 03 Thu Nov 2022 | 726.05 | 723.50 | 731.55 | 718.50 | 1.25 times |
| 02 Wed Nov 2022 | 722.90 | 724.70 | 730.25 | 713.60 | 1.368 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 708.8 as stoploss in an intra day buy trade for a target of 719.19. However, stock will show a bearish move below 708.8.
Share price targets for Shankara (Shankara)
| Target Type | Value |
| Downside Target | 649.80 |
| Downside Target | 672.10 |
| Upside Target | 730.00 |
| Upside Target | 734.05 |
| Upside Target | 742.50 |
| Upside Target | 744.25 |
| Upside Target | 746.20 |
| Upside Target | 765.05 |
| Upside Target | 777.90 |
| Upside Target | 809.20 |
Intraday share price targets for Shankara (Shankara)
| Target Type | Value |
| Downside Intraday Target | 700.45 |
| Downside Intraday Target | 691.1 |
| Upside Intraday Target | 719.3 |
| Upside Intraday Target | 728.8 |
| Upside Intraday Target | 709.95 |
Weekly technical analysis of Shankara (Shankara)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Wed Nov 2022 | 709.80 | 715.60 | 719.45 | 700.60 | 0.41 times |
| 11 Fri Nov 2022 | 711.95 | 737.70 | 744.25 | 691.05 | 1.104 times |
| 04 Fri Nov 2022 | 731.10 | 717.75 | 734.05 | 708.25 | 1.494 times |
| 28 Fri Oct 2022 | 715.10 | 728.05 | 730.00 | 710.00 | 0.61 times |
| 21 Fri Oct 2022 | 722.45 | 721.50 | 746.20 | 709.20 | 0.944 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 Wed Nov 2022 | 709.80 | 713.05 | 744.25 | 691.05 | 0.656 times |
| 31 Mon Oct 2022 | 709.35 | 692.00 | 765.05 | 691.20 | 0.282 times |
| 30 Fri Sep 2022 | 695.30 | 769.70 | 809.20 | 672.10 | 1.203 times |
| 30 Tue Aug 2022 | 762.30 | 711.05 | 777.90 | 678.80 | 2.884 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 | 13, 21, 23 | Sell |
| MACD | -8, -6 | Sell |
| Stochastics | 30 | Sell |
| CCI | -58 | Buy |
| RSI | 52 | Buy |
| OBV | 13747 | Sell |
| VWAP | 716 | Sell |
| ADL | 0 | Sell |
| ROC | -2 | Sell |
| Force Index | 0 | Sell |
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 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 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 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 losing 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 moving up
CCI has generated a buy signal for Shankara in short term but BUY 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 716.43 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 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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