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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 2022-11-23 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, -11Sell
Stochastics 20Sell
CCI 3Buy
RSI 53Buy
OBV 1454Sell
VWAP 700Buy
ADL 0Sell
ROC -2Sell
Force Index 0Sell

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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Daily charts

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