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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)

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, -11Buy
Stochastics 56None
CCI 171Buy
RSI 60Buy
OBV -8554Sell
VWAP 701Buy
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 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.

Click here for Shankara charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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