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(Sharika) Sharika complete technical analysis [charts+indicators] | Buy/Sell Sharika | (Sharika) share price targets

Complete technical analysis of Sharika (Sharika) by charts plus indicators, forecast predictions and share price targets for Sharika (Sharika)

Showing technical analysis as on 2023-02-03 View latest technical analysis

10 day averaged volume of Sharika is 31871

Date Daily Closing Price Open High Low Volume
03 Fri Feb 2023 5.97 6.30 6.32 5.71 1.224 times
02 Thu Feb 2023 6.14 6.16 6.45 6.02 1.331 times
01 Wed Feb 2023 6.16 6.30 6.45 6.02 1.267 times
31 Tue Jan 2023 6.23 6.00 6.24 5.51 1.137 times
30 Mon Jan 2023 5.91 5.68 6.45 5.68 1.137 times
27 Fri Jan 2023 6.04 6.11 6.26 5.94 1.183 times
25 Wed Jan 2023 6.18 6.41 6.52 6.10 1.249 times
24 Tue Jan 2023 6.41 6.59 6.60 6.37 0.683 times
23 Mon Jan 2023 6.52 6.70 6.70 6.26 0.902 times
20 Fri Jan 2023 6.63 6.61 6.87 6.40 0.81 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 6.2, but if it comes above 6.2, then a intra day buy could be more profitable.
If you take a sell trade below 6.2, then use 6.2 as stoploss and 5.7 as target. However if you take a buy trade in stock , then use 6.2 as stoploss and 6.52 as target.

Share price targets for Sharika (Sharika)

Target Type Value
Downside Target 5.51
Downside Target 5.71
Downside Target 5.94
Upside Target 6.21
Upside Target 6.40
Upside Target 7.00
Upside Target 7.16
Upside Target 7.28
Upside Target 7.49
Upside Target 7.80
Upside Target 8.15
Upside Target 8.40

Intraday share price targets for Sharika (Sharika)

Target Type Value
Downside Intraday Target 5.5
Downside Intraday Target 5.04
Upside Intraday Target 6.44
Upside Intraday Target 6.92
Upside Intraday Target 5.98

Weekly technical analysis of Sharika (Sharika)

Date Weekly Closing Price Open High Low Volume
03 Fri Feb 2023 5.97 5.68 6.45 5.51 1.518 times
27 Fri Jan 2023 6.04 6.70 6.70 5.94 0.969 times
20 Fri Jan 2023 6.63 7.08 7.10 6.40 1.11 times
13 Fri Jan 2023 6.85 7.17 7.28 6.57 0.596 times
06 Fri Jan 2023 6.90 7.25 7.49 6.51 0.934 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Sharika (Sharika)

Date Monthly Closing Price Open High Low Volume
03 Fri Feb 2023 5.97 6.30 6.45 5.71 0.187 times
31 Tue Jan 2023 6.23 7.25 7.49 5.51 0.623 times
30 Fri Dec 2022 7.25 7.38 7.80 6.21 0.784 times
30 Wed Nov 2022 7.38 7.72 8.15 7.00 1.308 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Sharika (Sharika)

Indicator Name Indicator Value Indicator Signal
ADX 11, 30, 47 Sell
MACD -1, -1Sell
Stochastics 41None
CCI -86Sell
RSI 58Buy
OBV -420469Sell
VWAP 6Sell
ADL 0Sell
ROC -10Sell
Force Index 0Sell

Price action analysis of Sharika ( (Sharika) ) 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 Sharika ( (Sharika) ) based on a short 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 Sharika ( (Sharika) ) 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 Sharika ( (Sharika) ) 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 Sharika stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Sharika in short term and the sell signal is strong.

Sharika 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. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Sharika in short term and SELL 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 Sharika is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 6.19 and Sharika (Sharika) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Sharika (Sharika) stock. Volume based technical analysis of Sharika (Sharika) stock is negative.

Sharika Stock has given negative 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 Sharika charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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