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

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

Showing technical analysis as on 2024-02-16 View latest technical analysis

10 day averaged volume of Shricon Ind is 14

Date Daily Closing Price Open High Low Volume
16 Fri Feb 2024 99.05 99.05 99.05 99.05 0.071 times
15 Thu Feb 2024 101.05 101.05 101.05 101.05 0.286 times
14 Wed Feb 2024 103.10 103.10 103.10 103.10 0.143 times
13 Tue Feb 2024 105.20 105.20 105.20 105.20 1.357 times
12 Mon Feb 2024 107.30 107.30 107.30 107.30 2.429 times
09 Fri Feb 2024 109.45 109.45 109.45 109.45 0.357 times
07 Wed Feb 2024 111.65 111.65 111.65 111.65 0.214 times
05 Mon Feb 2024 113.90 113.90 113.90 113.90 0.357 times
02 Fri Feb 2024 116.20 116.20 116.20 116.20 0.143 times
01 Thu Feb 2024 118.55 118.55 118.55 118.55 0.714 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 97, for a target of 104.9 or 111.57

Share price targets for Shricon Ind (ShriconInd)

Target Type Value
Downside Target 43.18
Downside Target 45.33
Downside Target 49.96
Downside Target 52.45
Downside Target 66.92
Downside Target 70.26
Downside Target 99.05
Upside Target 103.28
Upside Target 107.30
Upside Target 109.45
Upside Target 113.90
Upside Target 118.55
Upside Target 120.95
Upside Target 120.97

Intraday share price targets for Shricon Ind (ShriconInd)

Target Type Value
Downside Intraday Target 96.3
Downside Intraday Target 93.55
Upside Intraday Target 104.55
Upside Intraday Target 110.05
Upside Intraday Target 101.8

Weekly technical analysis of Shricon Ind (ShriconInd)

Date Weekly Closing Price Open High Low Volume
16 Fri Feb 2024 99.05 107.30 107.30 99.05 4.615 times
09 Fri Feb 2024 109.45 113.90 113.90 109.45 0.191 times
02 Fri Feb 2024 116.20 120.95 120.95 116.20 0.191 times
25 Thu Jan 2024 120.97 114.01 120.97 114.01 0.348 times
19 Fri Jan 2024 114.00 103.28 114.00 103.28 0.331 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 Shricon Ind (ShriconInd)

Date Monthly Closing Price Open High Low Volume
16 Fri Feb 2024 99.05 118.55 118.55 99.05 0.018 times
29 Mon Jan 2024 120.94 70.26 120.97 70.26 1.667 times
29 Fri Dec 2023 66.92 52.45 66.92 52.45 49.328 times
20 Mon Nov 2023 49.96 45.33 49.96 45.33 2.417 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 Shricon Ind (ShriconInd)

Price action analysis of Shricon Ind ( (ShriconInd) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Shricon Ind ( (ShriconInd) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Shricon Ind ( (ShriconInd) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Shricon Ind ( (ShriconInd) ) based on a mid to longer 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.

ADX buy sell signal for Shricon Ind stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Shricon Ind in short term but the sell signal is initial and weak.

Shricon Ind Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a SELL signal for Shricon Ind 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 Shricon Ind is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 108.54 and Shricon Ind (ShriconInd) 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 Shricon Ind (ShriconInd) stock. Volume based technical analysis of Shricon Ind (ShriconInd) stock is negative.

Shricon Ind Stock has given negative 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.

Price action analysis of Shricon Ind ( (ShriconInd) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Shricon Ind ( (ShriconInd) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Shricon Ind ( (ShriconInd) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Shricon Ind ( (ShriconInd) ) based on a mid to longer 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.

ADX buy sell signal for Shricon Ind stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Shricon Ind in short term but the sell signal is initial and weak.

Shricon Ind Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a SELL signal for Shricon Ind 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 Shricon Ind is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 108.54 and Shricon Ind (ShriconInd) 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 Shricon Ind (ShriconInd) stock. Volume based technical analysis of Shricon Ind (ShriconInd) stock is negative.

Shricon Ind Stock has given negative 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 Shricon Ind charts

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Daily charts

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