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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 2024-01-18 View latest technical analysis

10 day averaged volume of Shaily Eng is 89772

Date	Daily Closing Price	Open	High	Low	Volume
18 Thu Jan 2024	318.75	324.20	324.20	314.80	0.548 times
17 Wed Jan 2024	321.70	320.65	324.95	314.00	2.244 times
16 Tue Jan 2024	320.65	316.00	336.00	312.50	0.527 times
15 Mon Jan 2024	320.10	320.05	323.50	315.55	0.324 times
12 Fri Jan 2024	321.60	324.00	325.00	320.00	0.521 times
11 Thu Jan 2024	324.60	329.75	329.75	322.00	0.54 times
10 Wed Jan 2024	325.35	333.15	333.15	322.00	1.278 times
09 Tue Jan 2024	331.90	326.65	337.65	325.05	1.482 times
08 Mon Jan 2024	329.00	331.80	335.15	325.75	2.487 times
05 Fri Jan 2024	334.35	336.65	337.50	329.50	0.199 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 323.5, but if it comes above 323.5, then a intra day buy could be more profitable.
If you take a sell trade below 323.5, then use 323.5 as stoploss and 314.2 as target. However if you take a buy trade in stock , then use 323.5 as stoploss and 331.35 as target.

Share price targets for Shaily Eng (SHAILY)

Target Type	Value
Downside Target	309.70
Upside Target	320.00
Upside Target	329.50
Upside Target	348.35
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	308.83
Downside Intraday Target	298.92
Upside Intraday Target	332.33
Upside Intraday Target	345.92
Upside Intraday Target	322.42

Weekly technical analysis of Shaily Eng (SHAILY)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Thu Jan 2024	318.75	320.05	336.00	312.50	0.578 times
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

Price has moved down 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 Shaily Eng (SHAILY)

Date	Monthly Closing Price	Open	High	Low	Volume
18 Thu Jan 2024	318.75	333.00	349.00	312.50	1.439 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 neutral. A longer time frame might give a better analysis.

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 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 325.57 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.