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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 2025-04-11 View latest technical analysis

10 day averaged volume of Shah Alloys is 42978

Date	Daily Closing Price	Open	High	Low	Volume
11 Fri Apr 2025	58.20	55.79	59.00	54.73	0.582 times
09 Wed Apr 2025	53.79	54.32	54.78	53.33	0.126 times
08 Tue Apr 2025	53.07	54.08	57.59	46.80	0.584 times
07 Mon Apr 2025	54.08	54.95	54.95	50.46	0.592 times
04 Fri Apr 2025	55.48	54.90	57.01	54.01	0.611 times
03 Thu Apr 2025	53.87	50.99	55.44	49.69	0.624 times
02 Wed Apr 2025	50.94	49.22	52.34	48.61	1.04 times
01 Tue Apr 2025	49.17	48.50	50.44	47.10	0.404 times
28 Fri Mar 2025	47.79	45.31	48.88	45.31	1.543 times
27 Thu Mar 2025	45.85	44.80	47.70	44.59	2.231 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 58, for a target of 53.4 or 49.49

Share price targets for Shah Alloys (SHAHALLOYS)

Target Type	Value
Downside Target	43.30
Downside Target	46.10
Downside Target	49.39
Downside Target	50.89
Downside Target	51.98
Downside Target	54.35
Downside Target	57.01
Upside Target	59.00
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	50.33
Downside Intraday Target	42.47
Upside Intraday Target	62.53
Upside Intraday Target	66.87
Downside Intraday Target	54.67

Weekly technical analysis of Shah Alloys (SHAHALLOYS)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Fri Apr 2025	58.20	54.95	59.00	46.80	0.704 times
04 Fri Apr 2025	55.48	48.50	57.01	47.10	0.271 times
28 Fri Mar 2025	47.79	48.81	51.98	44.20	1.627 times
21 Fri Mar 2025	48.81	48.00	50.89	43.60	3.559 times
13 Thu Mar 2025	48.24	47.00	49.39	46.10	0.308 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 Shah Alloys (SHAHALLOYS)

Date	Monthly Closing Price	Open	High	Low	Volume
11 Fri Apr 2025	58.20	48.50	59.00	46.80	0.197 times
28 Fri Mar 2025	47.79	47.00	51.98	43.30	1.527 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

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

ADX buy sell signal for Shah Alloys stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Shah Alloys 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.

Shah Alloys Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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 Shah Alloys in short term and BUY signal is strong.

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 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 50.38 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.