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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 2025-04-15 View latest technical analysis

10 day averaged volume of Shah Alloys is 35828

Date	Daily Closing Price	Open	High	Low	Volume
15 Tue Apr 2025	65.26	59.00	66.36	59.00	1.379 times
11 Fri Apr 2025	58.20	55.79	59.00	54.73	0.698 times
09 Wed Apr 2025	53.79	54.32	54.78	53.33	0.152 times
08 Tue Apr 2025	53.07	54.08	57.59	46.80	0.701 times
07 Mon Apr 2025	54.08	54.95	54.95	50.46	0.71 times
04 Fri Apr 2025	55.48	54.90	57.01	54.01	0.732 times
03 Thu Apr 2025	53.87	50.99	55.44	49.69	0.748 times
02 Wed Apr 2025	50.94	49.22	52.34	48.61	1.247 times
01 Tue Apr 2025	49.17	48.50	50.44	47.10	0.485 times
28 Fri Mar 2025	47.79	45.31	48.88	45.31	1.851 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 61.7, for a target of 55.5 or 50.35

Share price targets for Shah Alloys (SHAHALLOYS)

Target Type	Value
Downside Target	43.30
Downside Target	46.80
Downside Target	50.89
Downside Target	51.98
Downside Target	54.35
Downside Target	57.01
Downside Target	59.00
Upside Target	66.36
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	60.72
Downside Intraday Target	56.18
Upside Intraday Target	68.08
Upside Intraday Target	70.9
Downside Intraday Target	63.54

Weekly technical analysis of Shah Alloys (SHAHALLOYS)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Tue Apr 2025	65.26	59.00	66.36	59.00	0.61 times
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

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
15 Tue Apr 2025	65.26	48.50	66.36	46.80	0.247 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 BUY signal for Shah Alloys in short term and the buy 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 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 BUY signal in short term and the buying is gaining 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 54.13 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.