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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 2022-11-18 View latest technical analysis

10 day averaged volume of Shankara is 4943

Date Daily Closing Price Open High Low Volume
18 Fri Nov 2022 700.30 696.65 707.50 692.60 2.685 times
17 Thu Nov 2022 695.10 708.85 714.00 692.20 1.715 times
16 Wed Nov 2022 709.80 708.00 713.40 703.85 1.073 times
15 Tue Nov 2022 705.05 708.35 710.15 700.60 0.614 times
14 Mon Nov 2022 705.60 715.60 719.45 705.00 0.249 times
11 Fri Nov 2022 711.95 708.20 717.00 708.05 1.319 times
10 Thu Nov 2022 699.10 716.75 716.75 691.05 0.879 times
09 Wed Nov 2022 713.30 739.30 744.25 710.85 1.061 times
07 Mon Nov 2022 726.70 737.70 742.90 722.40 1.457 times
04 Fri Nov 2022 731.10 728.55 734.05 725.05 0.466 times

Stock of Shankara (Shankara) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 704.6, but if it comes above 704.6, then a intra day buy could be more profitable.
If you take a sell trade below 704.6, then use 704.6 as stoploss and 691.2 as target. However if you take a buy trade in stock , then use 704.6 as stoploss and 715.8 as target.

Share price targets for Shankara (Shankara)

Target Type Value
Downside Target 649.80
Downside Target 672.10
Upside Target 708.25
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 688.52
Downside Intraday Target 676.73
Upside Intraday Target 715.77
Upside Intraday Target 731.23
Upside Intraday Target 703.98

Weekly technical analysis of Shankara (Shankara)

Date Weekly Closing Price Open High Low Volume
18 Fri Nov 2022 700.30 715.60 719.45 692.20 1.344 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
18 Fri Nov 2022 700.30 713.05 744.25 691.05 0.934 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 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 11, 23, 36 Sell
MACD -10, -8Sell
Stochastics 20Sell
CCI -87Sell
RSI 49Sell
OBV -2473Sell
VWAP 708Sell
ADL 0Sell
ROC -4Sell
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 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 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 707.8 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.

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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