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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 2022-11-21 View latest technical analysis

10 day averaged volume of Shankara is 5693

Date Daily Closing Price Open High Low Volume
21 Mon Nov 2022 691.55 703.70 703.70 691.25 2.083 times
18 Fri Nov 2022 700.30 696.65 707.50 692.60 2.332 times
17 Thu Nov 2022 695.10 708.85 714.00 692.20 1.489 times
16 Wed Nov 2022 709.80 708.00 713.40 703.85 0.932 times
15 Tue Nov 2022 705.05 708.35 710.15 700.60 0.533 times
14 Mon Nov 2022 705.60 715.60 719.45 705.00 0.216 times
11 Fri Nov 2022 711.95 708.20 717.00 708.05 1.145 times
10 Thu Nov 2022 699.10 716.75 716.75 691.05 0.763 times
09 Wed Nov 2022 713.30 739.30 744.25 710.85 0.921 times
07 Mon Nov 2022 726.70 737.70 742.90 722.40 1.265 times

Stock of Shankara (Shankara) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 688.9, for a target of 702.3 or 713.49

Share price targets for Shankara (Shankara)

Target Type Value
Downside Target 649.80
Downside Target 672.10
Upside Target 719.45
Upside Target 730.00
Upside Target 734.05
Upside Target 742.50
Upside Target 744.25
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 687.3
Downside Intraday Target 683.05
Upside Intraday Target 699.75
Upside Intraday Target 707.95
Upside Intraday Target 695.5

Weekly technical analysis of Shankara (Shankara)

Date Weekly Closing Price Open High Low Volume
21 Mon Nov 2022 691.55 703.70 703.70 691.25 0.379 times
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

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
21 Mon Nov 2022 691.55 713.05 744.25 691.05 1.085 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 10, 22, 37 Sell
MACD -12, -9Sell
Stochastics 9Sell
CCI -110Sell
RSI 49Sell
OBV -8929Sell
VWAP 704Sell
ADL 0Sell
ROC -5Sell
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 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 but selling 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 704.1 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

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Daily charts

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Daily chart

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