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

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

Shah Alloys trades in NSE in Iron & Steel sector.

Showing technical analysis as on 2024-09-18 View latest technical analysis

10 day averaged volume of Shah Alloys is 110977

Date Daily Closing Price Open High Low Volume
18 Wed Sep 2024 81.61 79.10 82.50 79.01 0.266 times
17 Tue Sep 2024 78.93 82.73 83.00 78.00 0.334 times
16 Mon Sep 2024 81.84 84.20 84.20 80.25 0.239 times
13 Fri Sep 2024 82.40 81.80 85.00 80.19 0.482 times
12 Thu Sep 2024 79.71 82.25 86.50 78.00 1.199 times
11 Wed Sep 2024 81.89 79.65 82.28 77.29 0.962 times
10 Tue Sep 2024 79.29 82.99 84.80 78.20 1.48 times
09 Mon Sep 2024 82.76 74.04 88.84 72.41 4.418 times
06 Fri Sep 2024 74.04 77.77 79.19 73.10 0.467 times
05 Thu Sep 2024 77.07 78.00 79.90 76.01 0.22 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 82.2 as stoploss in an intra day sell trade for a target of 79.93. However, stock will show a bullish move above 82.2.

Share price targets for Shah Alloys (SHAHALLOYS)

Target Type Value
Downside Target 51.95
Downside Target 54.35
Downside Target 56.50
Downside Target 60.15
Downside Target 64.50
Downside Target 69.90
Downside Target 72.41
Downside Target 77.00
Upside Target 82.86
Upside Target 85.00
Upside Target 87.80
Upside Target 88.84

Intraday share price targets for Shah Alloys (SHAHALLOYS)

Target Type Value
Downside Intraday Target 78.34
Downside Intraday Target 75.07
Upside Intraday Target 84.54
Upside Intraday Target 87.47
Downside Intraday Target 81.27

Weekly technical analysis of Shah Alloys (SHAHALLOYS)

Date Weekly Closing Price Open High Low Volume
18 Wed Sep 2024 81.61 84.20 84.20 78.00 0.098 times
13 Fri Sep 2024 82.40 74.04 88.84 72.41 6.038 times
06 Fri Sep 2024 74.04 82.86 82.86 73.10 0.7 times
30 Fri Aug 2024 78.57 85.00 85.00 77.00 0.102 times
23 Fri Aug 2024 83.02 61.53 87.80 60.15 12.541 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 Shah Alloys (SHAHALLOYS)

Date Monthly Closing Price Open High Low Volume
18 Wed Sep 2024 81.61 82.86 88.84 72.41 0.325 times
30 Fri Aug 2024 78.57 59.00 87.80 54.35 6.956 times
31 Wed Jul 2024 58.15 63.33 64.50 57.49 0.633 times
28 Fri Jun 2024 62.09 59.70 74.00 51.95 2.866 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 Shah Alloys (SHAHALLOYS)

Price action analysis of Shah Alloys ( (SHAHALLOYS) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Shah Alloys ( (SHAHALLOYS) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Shah Alloys ( (SHAHALLOYS) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Shah Alloys ( (SHAHALLOYS) ) 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 Shah Alloys stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

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

Shah Alloys 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 tired and bears 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 Shah Alloys in short term and BUY 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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Shah Alloys is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 81.08 and Shah Alloys (SHAHALLOYS) 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 Shah Alloys (SHAHALLOYS) stock. Volume based technical analysis of Shah Alloys (SHAHALLOYS) stock is negative.

Shah Alloys Stock is giving positive 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 Shah Alloys ( (SHAHALLOYS) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Shah Alloys ( (SHAHALLOYS) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Shah Alloys ( (SHAHALLOYS) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Shah Alloys ( (SHAHALLOYS) ) 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 Shah Alloys stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

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

Shah Alloys 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 tired and bears 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 Shah Alloys in short term and BUY 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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Shah Alloys is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 81.08 and Shah Alloys (SHAHALLOYS) 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 Shah Alloys (SHAHALLOYS) stock. Volume based technical analysis of Shah Alloys (SHAHALLOYS) stock is negative.

Shah Alloys Stock is giving positive 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 Shah Alloys charts

Click here for further forecast and predictions for tomorrow

Daily charts

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