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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 2022-11-29 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, -9Buy
Stochastics 70None
CCI 188Buy
RSI 58Buy
OBV -12935Sell
VWAP 702Buy
ADL 0Sell
ROC 3Buy
Force Index 0Sell

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.

Click here for Shankara charts

Click here for further forecast and predictions for tomorrow

Daily charts

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