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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 2024-01-12 View latest technical analysis

10 day averaged volume of Shaily Eng is 65468

Date	Daily Closing Price	Open	High	Low	Volume
12 Fri Jan 2024	321.60	324.00	325.00	320.00	0.714 times
11 Thu Jan 2024	324.60	329.75	329.75	322.00	0.74 times
10 Wed Jan 2024	325.35	333.15	333.15	322.00	1.752 times
09 Tue Jan 2024	331.90	326.65	337.65	325.05	2.032 times
08 Mon Jan 2024	329.00	331.80	335.15	325.75	3.411 times
05 Fri Jan 2024	334.35	336.65	337.50	329.50	0.273 times
04 Thu Jan 2024	334.90	342.10	344.95	331.30	0.546 times
03 Wed Jan 2024	338.40	335.80	349.00	330.30	0.389 times
02 Tue Jan 2024	334.75	339.00	339.00	330.60	0.257 times
01 Mon Jan 2024	334.80	333.00	338.50	332.55	0.299 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 321.1, for a target of 328.6 or 334.87

Share price targets for Shaily Eng (SHAILY)

Target Type	Value
Downside Target	309.70
Downside Target	320.00
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	315.18
Downside Intraday Target	308.77
Upside Intraday Target	332.83
Upside Intraday Target	344.07
Upside Intraday Target	326.42

Weekly technical analysis of Shaily Eng (SHAILY)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Fri Jan 2024	321.60	331.80	337.65	320.00	4.902 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
12 Fri Jan 2024	321.60	333.00	349.00	320.00	0.972 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Shaily Eng stock for short term is SELL. Signal strength is Strong and stock is gaining 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Shaily Eng in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 329.24 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.