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

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

Showing technical analysis as on 2024-01-09 View latest technical analysis

10 day averaged volume of Shaily Eng is 41889

Date	Daily Closing Price	Open	High	Low	Volume
09 Tue Jan 2024	331.90	326.65	337.65	325.05	3.176 times
08 Mon Jan 2024	329.00	331.80	335.15	325.75	5.331 times
05 Fri Jan 2024	334.35	336.65	337.50	329.50	0.427 times
04 Thu Jan 2024	334.90	342.10	344.95	331.30	0.854 times
03 Wed Jan 2024	338.40	335.80	349.00	330.30	0.608 times
02 Tue Jan 2024	334.75	339.00	339.00	330.60	0.401 times
01 Mon Jan 2024	334.80	333.00	338.50	332.55	0.467 times
29 Fri Dec 2023	336.15	348.35	348.35	332.60	0.471 times
28 Thu Dec 2023	339.40	339.00	342.75	336.20	0.451 times
27 Wed Dec 2023	343.85	333.10	347.70	332.00	0.578 times

Stock of Shaily Eng (SHAILY) 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 stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 330.5 as stoploss in an intra day buy trade for a target of 335.71. However, stock will show a bearish move below 330.5.

Share price targets for Shaily Eng (SHAILY)

Target Type	Value
Downside Target	309.70
Downside Target	323.20
Upside Target	349.00
Upside Target	349.70
Upside Target	1632.35
Upside Target	1661.00
Upside Target	1824.95
Upside Target	1897.00
Upside Target	1914.95

Intraday share price targets for Shaily Eng (SHAILY)

Target Type	Value
Downside Intraday Target	325.42
Downside Intraday Target	318.93
Upside Intraday Target	338.02
Upside Intraday Target	344.13
Downside Intraday Target	331.53

Weekly technical analysis of Shaily Eng (SHAILY)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Tue Jan 2024	331.90	331.80	337.65	325.05	3.085 times
05 Fri Jan 2024	334.35	333.00	349.00	329.50	1.442 times
29 Fri Dec 2023	336.15	342.80	348.35	332.00	0.435 times
22 Fri Dec 2023	342.55	332.00	349.70	331.55	1.219 times
15 Fri Dec 2023	328.15	336.00	342.60	323.20	0.842 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 Shaily Eng (SHAILY)

Date	Monthly Closing Price	Open	High	Low	Volume
09 Tue Jan 2024	331.90	333.00	349.00	325.05	0.673 times
29 Fri Dec 2023	336.15	313.00	349.70	309.70	0.896 times
30 Thu Nov 2023	315.65	1809.00	1897.00	312.60	6.655 times
31 Tue Oct 2023	1787.15	1825.00	1914.95	1632.35	1.018 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 Shaily Eng (SHAILY)

Price action analysis of Shaily Eng ( (SHAILY) ) 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 Shaily Eng ( (SHAILY) ) 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 Shaily Eng ( (SHAILY) ) 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 Shaily Eng stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Shaily Eng 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.

Shaily Eng 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 Shaily Eng 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Shaily Eng is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 332.44 and Shaily Eng (SHAILY) 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 Shaily Eng (SHAILY) stock. Volume based technical analysis of Shaily Eng (SHAILY) stock is negative.

Shaily Eng 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.