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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 2022-11-22 View latest technical analysis

10 day averaged volume of Shankara is 6649

Date Daily Closing Price Open High Low Volume
22 Tue Nov 2022 689.70 691.90 694.45 685.05 0.87 times
21 Mon Nov 2022 691.55 703.70 703.70 691.25 1.783 times
18 Fri Nov 2022 700.30 696.65 707.50 692.60 1.996 times
17 Thu Nov 2022 695.10 708.85 714.00 692.20 1.275 times
16 Wed Nov 2022 709.80 708.00 713.40 703.85 0.798 times
15 Tue Nov 2022 705.05 708.35 710.15 700.60 0.456 times
14 Mon Nov 2022 705.60 715.60 719.45 705.00 0.185 times
11 Fri Nov 2022 711.95 708.20 717.00 708.05 0.98 times
10 Thu Nov 2022 699.10 716.75 716.75 691.05 0.654 times
09 Wed Nov 2022 713.30 739.30 744.25 710.85 0.789 times

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 685.2, for a target of 699.8 or 711.85

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 681.93
Downside Intraday Target 674.17
Upside Intraday Target 700.58
Upside Intraday Target 711.47
Upside Intraday Target 692.82

Weekly technical analysis of Shankara (Shankara)

Date Weekly Closing Price Open High Low Volume
22 Tue Nov 2022 689.70 703.70 703.70 685.05 0.563 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
22 Tue Nov 2022 689.70 713.05 744.25 685.05 1.159 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 9, 24, 44 Sell
MACD -14, -10Sell
Stochastics 9Sell
CCI -140Sell
RSI 51Buy
OBV -16798Sell
VWAP 700Sell
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 weakening, and bulls are picking up momentum!

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 BUY signal in short term and the buying is gaining 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 700.32 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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