(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 2022-11-28 View latest technical analysis
10 day averaged volume of Shankara is 8395
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Mon Nov 2022 | 723.50 | 696.80 | 730.30 | 689.00 | 0.911 times |
| 25 Fri Nov 2022 | 697.35 | 707.75 | 715.65 | 695.05 | 1.147 times |
| 24 Thu Nov 2022 | 701.30 | 706.55 | 716.90 | 690.10 | 1.258 times |
| 23 Wed Nov 2022 | 702.55 | 691.45 | 717.20 | 689.30 | 1.764 times |
| 22 Tue Nov 2022 | 689.70 | 691.90 | 694.45 | 685.05 | 0.689 times |
| 21 Mon Nov 2022 | 691.55 | 703.70 | 703.70 | 691.25 | 1.412 times |
| 18 Fri Nov 2022 | 700.30 | 696.65 | 707.50 | 692.60 | 1.581 times |
| 17 Thu Nov 2022 | 695.10 | 708.85 | 714.00 | 692.20 | 1.01 times |
| 16 Wed Nov 2022 | 709.80 | 708.00 | 713.40 | 703.85 | 0.632 times |
| 15 Tue Nov 2022 | 705.05 | 708.35 | 710.15 | 700.60 | 0.362 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 721.9, but if it comes below 721.9, then a intra day sell could be more profitable.
If you take a sell trade below 721.9, then use 721.9 as stoploss and 709.41 as target. However if you take a buy trade in stock , then use 721.9 as stoploss and 736.9 as target.
Share price targets for Shankara (Shankara)
| Target Type | Value |
| Downside Target | 649.80 |
| Downside Target | 672.10 |
| Downside Target | 708.25 |
| Upside Target | 730.30 |
| 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 | 698.23 |
| Downside Intraday Target | 672.97 |
| Upside Intraday Target | 739.53 |
| Upside Intraday Target | 755.57 |
| Downside Intraday Target | 714.27 |
Weekly technical analysis of Shankara (Shankara)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Mon Nov 2022 | 723.50 | 696.80 | 730.30 | 689.00 | 0.145 times |
| 25 Fri Nov 2022 | 697.35 | 703.70 | 717.20 | 685.05 | 1.681 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 |
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 |
| 28 Mon Nov 2022 | 723.50 | 713.05 | 744.25 | 685.05 | 1.703 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 up this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Shankara (Shankara)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 20, 13, 21 | Buy |
| MACD | -9, -11 | Buy |
| Stochastics | 56 | None |
| CCI | 171 | Buy |
| RSI | 60 | Buy |
| OBV | -8554 | Sell |
| VWAP | 701 | Buy |
| ADL | 0 | Sell |
| ROC | 3 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Shankara ( (Shankara) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Shankara ( (Shankara) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Shankara in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Shankara Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above 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
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 700.84 and Shankara (Shankara) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Shankara (Shankara) stock. Volume based technical analysis of Shankara (Shankara) stock is negative.
Shankara Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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