(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 2022-11-23 View latest technical analysis
10 day averaged volume of Shankara is 6507
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Wed Nov 2022 | 702.55 | 691.45 | 717.20 | 689.30 | 2.276 times |
| 22 Tue Nov 2022 | 689.70 | 691.90 | 694.45 | 685.05 | 0.889 times |
| 21 Mon Nov 2022 | 691.55 | 703.70 | 703.70 | 691.25 | 1.822 times |
| 18 Fri Nov 2022 | 700.30 | 696.65 | 707.50 | 692.60 | 2.04 times |
| 17 Thu Nov 2022 | 695.10 | 708.85 | 714.00 | 692.20 | 1.303 times |
| 16 Wed Nov 2022 | 709.80 | 708.00 | 713.40 | 703.85 | 0.815 times |
| 15 Tue Nov 2022 | 705.05 | 708.35 | 710.15 | 700.60 | 0.466 times |
| 14 Mon Nov 2022 | 705.60 | 715.60 | 719.45 | 705.00 | 0.189 times |
| 11 Fri Nov 2022 | 711.95 | 708.20 | 717.00 | 708.05 | 1.002 times |
| 10 Thu Nov 2022 | 699.10 | 716.75 | 716.75 | 691.05 | 0.668 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 stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 698.9 as stoploss in an intra day buy trade for a target of 710.78. However, stock will show a bearish move below 698.9.
Share price targets for Shankara (Shankara)
| Target Type | Value |
| Downside Target | 649.80 |
| Downside Target | 672.10 |
| Upside Target | 708.25 |
| 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 | 686 |
| Downside Intraday Target | 669.45 |
| Upside Intraday Target | 718.15 |
| Upside Intraday Target | 733.75 |
| Downside Intraday Target | 701.6 |
Weekly technical analysis of Shankara (Shankara)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Wed Nov 2022 | 702.55 | 703.70 | 717.20 | 685.05 | 1.036 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 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 |
| 23 Wed Nov 2022 | 702.55 | 713.05 | 744.25 | 685.05 | 1.348 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 | 21, 21, 0 | Sell |
| MACD | -13, -11 | Sell |
| Stochastics | 20 | Sell |
| CCI | 3 | Buy |
| RSI | 53 | Buy |
| OBV | 1454 | Sell |
| VWAP | 700 | Buy |
| ADL | 0 | Sell |
| ROC | -2 | Sell |
| Force Index | 0 | Sell |
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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Shankara in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 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 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 699.85 and Shankara (Shankara) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.
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