(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 2022-11-29 View latest technical analysis
10 day averaged volume of Shankara is 9037
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Tue Nov 2022 | 725.40 | 724.60 | 728.45 | 716.90 | 0.389 times |
| 28 Mon Nov 2022 | 723.50 | 696.80 | 730.30 | 689.00 | 0.846 times |
| 25 Fri Nov 2022 | 697.35 | 707.75 | 715.65 | 695.05 | 1.065 times |
| 24 Thu Nov 2022 | 701.30 | 706.55 | 716.90 | 690.10 | 1.168 times |
| 23 Wed Nov 2022 | 702.55 | 691.45 | 717.20 | 689.30 | 1.639 times |
| 22 Tue Nov 2022 | 689.70 | 691.90 | 694.45 | 685.05 | 0.64 times |
| 21 Mon Nov 2022 | 691.55 | 703.70 | 703.70 | 691.25 | 1.312 times |
| 18 Fri Nov 2022 | 700.30 | 696.65 | 707.50 | 692.60 | 1.469 times |
| 17 Thu Nov 2022 | 695.10 | 708.85 | 714.00 | 692.20 | 0.938 times |
| 16 Wed Nov 2022 | 709.80 | 708.00 | 713.40 | 703.85 | 0.587 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 723.2, but if it comes below 723.2, then a intra day sell could be more profitable.
If you take a sell trade below 723.2, then use 723.2 as stoploss and 710.22 as target. However if you take a buy trade in stock , then use 723.2 as stoploss and 738.7 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 | 699.5 |
| Downside Intraday Target | 673.6 |
| Upside Intraday Target | 740.8 |
| Upside Intraday Target | 756.2 |
| Downside Intraday Target | 714.9 |
Weekly technical analysis of Shankara (Shankara)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Tue Nov 2022 | 725.40 | 696.80 | 730.30 | 689.00 | 0.212 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 |
| 29 Tue Nov 2022 | 725.40 | 713.05 | 744.25 | 685.05 | 1.748 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 | 18, 12, 21 | Buy |
| MACD | -6, -9 | Buy |
| Stochastics | 70 | None |
| CCI | 188 | Buy |
| RSI | 58 | Buy |
| OBV | -12935 | Sell |
| VWAP | 702 | 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 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 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 losing 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 but buying is losing 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 701.65 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 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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