(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 2022-11-30 View latest technical analysis
10 day averaged volume of Shankara is 9086
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Wed Nov 2022 | 716.35 | 735.30 | 735.30 | 708.80 | 1.324 times |
| 29 Tue Nov 2022 | 725.40 | 724.60 | 728.45 | 716.90 | 0.387 times |
| 28 Mon Nov 2022 | 723.50 | 696.80 | 730.30 | 689.00 | 0.842 times |
| 25 Fri Nov 2022 | 697.35 | 707.75 | 715.65 | 695.05 | 1.059 times |
| 24 Thu Nov 2022 | 701.30 | 706.55 | 716.90 | 690.10 | 1.162 times |
| 23 Wed Nov 2022 | 702.55 | 691.45 | 717.20 | 689.30 | 1.63 times |
| 22 Tue Nov 2022 | 689.70 | 691.90 | 694.45 | 685.05 | 0.637 times |
| 21 Mon Nov 2022 | 691.55 | 703.70 | 703.70 | 691.25 | 1.305 times |
| 18 Fri Nov 2022 | 700.30 | 696.65 | 707.50 | 692.60 | 1.461 times |
| 17 Thu Nov 2022 | 695.10 | 708.85 | 714.00 | 692.20 | 0.933 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 722.3 as stoploss in an intra day sell trade for a target of 709.73. However, stock will show a bullish move above 722.3.
Share price targets for Shankara (Shankara)
| Target Type | Value |
| Downside Target | 649.80 |
| Downside Target | 672.10 |
| Downside Target | 708.25 |
| Upside Target | 734.05 |
| Upside Target | 735.30 |
| 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 | 691.8 |
| Downside Intraday Target | 667.25 |
| Upside Intraday Target | 738.1 |
| Upside Intraday Target | 759.85 |
| Downside Intraday Target | 713.55 |
Weekly technical analysis of Shankara (Shankara)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Wed Nov 2022 | 716.35 | 696.80 | 735.30 | 689.00 | 0.441 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 |
| 30 Wed Nov 2022 | 716.35 | 713.05 | 744.25 | 685.05 | 1.901 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 | 16, 14, 6 | Buy |
| MACD | -4, -8 | Buy |
| Stochastics | 79 | Buy |
| CCI | 118 | Sell |
| RSI | 57 | Buy |
| OBV | -22400 | Sell |
| VWAP | 703 | Buy |
| ADL | 0 | Sell |
| ROC | 1 | 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 Weak 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 coming down
CCI has generated a SELL signal for Shankara in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 703.02 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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