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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 2024-09-30 View latest technical analysis

10 day averaged volume of Shricon Ind is 71

Date	Daily Closing Price	Open	High	Low	Volume
30 Mon Sep 2024	192.35	184.75	194.45	184.75	7.676 times
27 Fri Sep 2024	194.45	194.45	194.45	194.45	0.155 times
26 Thu Sep 2024	198.40	198.40	198.40	198.40	0.225 times
25 Wed Sep 2024	202.40	202.40	202.40	202.40	3.38 times
24 Tue Sep 2024	206.50	206.50	206.50	206.50	0.155 times
23 Mon Sep 2024	210.70	210.70	211.00	210.70	0.606 times
20 Fri Sep 2024	215.00	214.90	215.00	214.55	2.099 times
19 Thu Sep 2024	218.90	218.90	218.90	218.90	0.746 times
18 Wed Sep 2024	220.00	218.70	220.00	218.70	1.634 times
17 Tue Sep 2024	222.50	222.50	222.50	222.50	0.465 times

Stock of Shricon Ind (ShriconInd) has showed a significant fall. This could be a good time to exit from 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 205.1, but if it comes above 205.1, then a intra day buy could be more profitable.
If you take a sell trade below 205.1, then use 205.1 as stoploss and 182 as target. However if you take a buy trade in stock , then use 205.1 as stoploss and 224.47 as target.

Share price targets for Shricon Ind (ShriconInd)

Target Type	Value
Downside Target	102.05
Downside Target	118.75
Downside Target	135.00
Downside Target	139.90
Downside Target	157.50
Downside Target	165.00
Downside Target	184.75
Upside Target	194.45
Upside Target	211.00
Upside Target	229.90
Upside Target	239.30
Upside Target	244.15
Upside Target	264.55
Upside Target	310.60

Intraday share price targets for Shricon Ind (ShriconInd)

Target Type	Value
Downside Intraday Target	186.58
Downside Intraday Target	180.82
Upside Intraday Target	196.28
Upside Intraday Target	200.22
Downside Intraday Target	190.52

Weekly technical analysis of Shricon Ind (ShriconInd)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Mon Sep 2024	192.35	184.75	194.45	184.75	1.698 times
27 Fri Sep 2024	194.45	210.70	211.00	194.45	0.829 times
20 Fri Sep 2024	215.00	231.10	231.10	214.55	0.046 times
13 Fri Sep 2024	231.10	239.30	239.30	229.90	7.16 times
06 Fri Sep 2024	244.15	264.55	264.55	244.15	7.267 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
30 Mon Sep 2024	192.35	264.55	264.55	184.75	0.449 times
30 Fri Aug 2024	269.90	165.00	310.60	165.00	5.827 times
31 Wed Jul 2024	157.30	118.75	157.50	102.05	8.58 times
28 Fri Jun 2024	118.75	135.00	135.00	118.75	0.201 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 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 Shricon Ind ( (ShriconInd) ) 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 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 and the sell signal is strong.

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 red color and prices are below the red 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 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 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 202.59 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.