(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 2024-02-19 View latest technical analysis
10 day averaged volume of Shricon Ind is 9
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Mon Feb 2024 | 104.00 | 94.15 | 104.00 | 94.10 | 32.556 times |
| 16 Fri Feb 2024 | 99.05 | 99.05 | 99.05 | 99.05 | 0.111 times |
| 15 Thu Feb 2024 | 101.05 | 101.05 | 101.05 | 101.05 | 0.444 times |
| 14 Wed Feb 2024 | 103.10 | 103.10 | 103.10 | 103.10 | 0.222 times |
| 13 Tue Feb 2024 | 105.20 | 105.20 | 105.20 | 105.20 | 2.111 times |
| 12 Mon Feb 2024 | 107.30 | 107.30 | 107.30 | 107.30 | 3.778 times |
| 09 Fri Feb 2024 | 109.45 | 109.45 | 109.45 | 109.45 | 0.556 times |
| 07 Wed Feb 2024 | 111.65 | 111.65 | 111.65 | 111.65 | 0.333 times |
| 05 Mon Feb 2024 | 113.90 | 113.90 | 113.90 | 113.90 | 0.556 times |
| 02 Fri Feb 2024 | 116.20 | 116.20 | 116.20 | 116.20 | 0.222 times |
Stock of Shricon Ind (ShriconInd) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 104.8, but if it comes above 104.8, then a intra day buy could be more profitable.
If you take a sell trade below 104.8, then use 104.8 as stoploss and 96.8 as target. However if you take a buy trade in stock , then use 104.8 as stoploss and 111.5 as target.
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 | 94.10 |
| Downside Target | 99.05 |
| Downside Target | 104.00 |
| 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 | 97.4 |
| Downside Intraday Target | 90.8 |
| Upside Intraday Target | 107.3 |
| Upside Intraday Target | 110.6 |
| Downside Intraday Target | 100.7 |
Weekly technical analysis of Shricon Ind (ShriconInd)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Mon Feb 2024 | 104.00 | 94.15 | 104.00 | 94.10 | 4.883 times |
| 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 |
Price has moved up 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 |
| 19 Mon Feb 2024 | 104.00 | 118.55 | 118.55 | 94.10 | 0.079 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 above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Shricon Ind in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Shricon Ind is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 104.65 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 above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Shricon Ind in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Shricon Ind is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 104.65 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
Click here for further forecast and predictions for tomorrow