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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)

Showing technical analysis as on 2024-08-28 View latest technical analysis

10 day averaged volume of Shankara is 6149

Date	Daily Closing Price	Open	High	Low	Volume
28 Wed Aug 2024	600.15	604.85	605.00	598.40	0.805 times
27 Tue Aug 2024	601.80	599.15	614.00	599.15	0.445 times
26 Mon Aug 2024	599.15	600.80	605.00	594.50	0.849 times
23 Fri Aug 2024	600.85	605.00	605.00	597.65	0.34 times
22 Thu Aug 2024	604.15	595.45	607.85	594.00	0.397 times
21 Wed Aug 2024	591.50	595.00	595.00	585.85	1.333 times
20 Tue Aug 2024	594.95	584.00	604.10	582.05	1.239 times
19 Mon Aug 2024	583.05	590.15	590.15	573.65	1.723 times
16 Fri Aug 2024	578.55	607.15	607.15	575.50	0.514 times
14 Wed Aug 2024	588.05	613.00	613.00	586.20	1.742 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 586.4 as stoploss in an intra day buy trade for a target of 619.35. However, stock will show a bearish move below 586.4.

Share price targets for Shankara (Shankara)

Target Type	Value
Downside Target	573.65
Downside Target	594.50
Upside Target	649.40
Upside Target	652.00
Upside Target	675.75
Upside Target	687.95
Upside Target	688.00
Upside Target	714.95
Upside Target	730.00
Upside Target	739.90
Upside Target	742.85

Intraday share price targets for Shankara (Shankara)

Target Type	Value
Downside Intraday Target	591.77
Downside Intraday Target	583.38
Upside Intraday Target	611.27
Upside Intraday Target	622.38
Upside Intraday Target	602.88

Weekly technical analysis of Shankara (Shankara)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Wed Aug 2024	600.15	600.80	614.00	594.50	0.417 times
23 Fri Aug 2024	600.85	590.15	607.85	573.65	0.483 times
16 Fri Aug 2024	578.55	625.15	625.15	575.50	0.988 times
09 Fri Aug 2024	626.45	639.00	675.75	623.05	2.451 times
02 Fri Aug 2024	666.50	680.00	688.00	652.00	1.025 times

Price has moved down 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 Wed Aug 2024	600.15	687.00	687.95	573.65	0.948 times
31 Wed Jul 2024	683.25	690.00	739.90	649.40	1.442 times
28 Fri Jun 2024	684.75	700.30	730.00	604.90	0.912 times
31 Fri May 2024	686.45	682.90	714.95	628.55	1.443 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 Shankara (Shankara)

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 SELL. Signal strength is Weak 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 below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Shankara in short term but SELL signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 591.85 and Shankara (Shankara) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

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

Shankara 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.