Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2025-03-06 View latest technical analysis

10 day averaged volume of Shah Alloys is 24247

Date	Daily Closing Price	Open	High	Low	Volume
06 Thu Mar 2025	45.46	45.00	46.89	44.92	2.5 times
05 Wed Mar 2025	44.58	45.15	46.49	43.81	1.812 times
04 Tue Mar 2025	43.81	44.97	45.46	43.30	1.068 times
03 Mon Mar 2025	44.81	47.00	49.58	44.00	0.899 times
28 Fri Feb 2025	48.22	45.48	48.87	44.66	0.757 times
27 Thu Feb 2025	48.51	52.03	52.86	47.60	0.68 times
25 Tue Feb 2025	51.87	54.26	55.02	50.50	0.307 times
24 Mon Feb 2025	54.46	52.35	57.69	52.35	0.401 times
21 Fri Feb 2025	55.09	54.69	60.15	54.00	2.704 times
20 Thu Feb 2025	54.69	50.40	55.18	50.02	0.825 times

Stock of Shah Alloys (SHAHALLOYS) 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 46, but if it comes above 46, then a intra day buy could be more profitable.
If you take a sell trade below 46, then use 46 as stoploss and 35.6 as target. However if you take a buy trade in stock , then use 46 as stoploss and 54.63 as target.

Share price targets for Shah Alloys (SHAHALLOYS)

Target Type	Value
Downside Target	43.30
Downside Target	44.24
Upside Target	49.58
Upside Target	54.35
Upside Target	56.00
Upside Target	57.49
Upside Target	60.15
Upside Target	61.77
Upside Target	64.50
Upside Target	71.62
Upside Target	72.41
Upside Target	75.19
Upside Target	87.80
Upside Target	112.99

Intraday share price targets for Shah Alloys (SHAHALLOYS)

Target Type	Value
Downside Intraday Target	42.65
Downside Intraday Target	39.83
Upside Intraday Target	48.93
Upside Intraday Target	52.39
Upside Intraday Target	46.11

Weekly technical analysis of Shah Alloys (SHAHALLOYS)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Thu Mar 2025	45.46	47.00	49.58	43.30	2.928 times
28 Fri Feb 2025	48.22	52.35	57.69	44.66	0.281 times
21 Fri Feb 2025	55.09	59.84	60.15	44.24	1.376 times
14 Fri Feb 2025	56.58	71.62	71.62	56.00	0.48 times
07 Fri Feb 2025	72.05	69.06	75.19	61.77	0.057 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 Shah Alloys (SHAHALLOYS)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Thu Mar 2025	45.46	47.00	49.58	43.30	0.233 times
28 Fri Feb 2025	48.22	69.06	75.19	44.24	0.104 times
26 Thu Sep 2024	107.77	82.86	112.99	72.41	1.697 times
30 Fri Aug 2024	78.57	59.00	87.80	54.35	6.956 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 Shah Alloys (SHAHALLOYS)

Price action analysis of Shah Alloys ( (SHAHALLOYS) ) 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 Shah Alloys ( (SHAHALLOYS) ) 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 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 SELL. Signal strength is Strong and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Shah Alloys 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 moving up

CCI has generated a buy signal for Shah Alloys in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 48.76 and Shah Alloys (SHAHALLOYS) 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 Shah Alloys (SHAHALLOYS) stock. Volume based technical analysis of Shah Alloys (SHAHALLOYS) stock is negative.

Shah Alloys 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.