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

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

Showing technical analysis as on 2024-04-08 View latest technical analysis

10 day averaged volume of Shoora is 4800

Date	Daily Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	49.06	49.06	49.06	49.06	0.625 times
04 Thu Apr 2024	46.73	46.73	46.73	46.73	0.625 times
03 Wed Apr 2024	44.70	44.70	44.70	44.70	0.625 times
02 Tue Apr 2024	42.63	42.04	42.63	42.04	1.25 times
01 Mon Apr 2024	40.60	40.04	40.60	40.04	1.25 times
28 Thu Mar 2024	38.67	38.67	38.67	38.67	0.625 times
26 Tue Mar 2024	40.70	40.66	40.70	40.66	1.25 times
22 Fri Mar 2024	42.20	42.20	42.20	42.20	0.625 times
21 Thu Mar 2024	41.60	38.73	41.60	38.73	1.25 times
19 Tue Mar 2024	40.20	40.50	40.50	40.20	1.25 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 46.7, but if it comes below 46.7, then a intra day sell could be more profitable.
If you take a sell trade below 46.7, then use 46.7 as stoploss and 43.3 as target. However if you take a buy trade in stock , then use 46.7 as stoploss and 50.7 as target.

Share price targets for Shoora (Shoora)

Target Type	Value
Downside Target	38.67
Downside Target	39.70
Downside Target	42.20
Downside Target	46.67
Downside Target	46.73
Downside Target	47.50
Downside Target	49.06
Upside Target	50.45
Upside Target	52.94
Upside Target	57.12

Intraday share price targets for Shoora (Shoora)

Target Type	Value
Downside Intraday Target	49.06
Downside Intraday Target	49.06
Downside Intraday Target	49.06
Downside Intraday Target	49.06
Downside Intraday Target	49.06

Weekly technical analysis of Shoora (Shoora)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	49.06	49.06	49.06	49.06	0.167 times
04 Thu Apr 2024	46.73	40.04	46.73	40.04	2 times
28 Thu Mar 2024	38.67	40.66	40.70	38.67	0.6 times
22 Fri Mar 2024	42.20	40.50	42.20	38.73	0.5 times
15 Fri Mar 2024	41.68	42.00	43.00	39.70	1.667 times

Price has moved up 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 Shoora (Shoora)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	49.06	40.04	49.06	40.04	0.333 times
28 Thu Mar 2024	38.67	47.50	47.50	38.67	0.7 times
27 Tue Feb 2024	47.50	46.00	52.94	43.59	0.545 times
31 Wed Jan 2024	48.00	47.00	57.12	46.67	1.774 times

Scroll below to view daily charts

Price has moved up 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 Shoora (Shoora)

Price action analysis of Shoora ( (Shoora) ) 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 Shoora ( (Shoora) ) based on a short to mid 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 Shoora ( (Shoora) ) 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 Shoora stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Shoora 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.

Shoora Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Shoora in short term and BUY signal is strong.

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 Shoora is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 42.19 and Shoora (Shoora) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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

Shoora Stock is giving positive 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.