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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 2024-02-08 View latest technical analysis

10 day averaged volume of Shaily Eng is 228944

Date	Daily Closing Price	Open	High	Low	Volume
08 Thu Feb 2024	416.85	412.85	420.55	409.10	0.183 times
07 Wed Feb 2024	412.85	432.50	432.50	408.35	0.972 times
06 Tue Feb 2024	423.75	408.00	431.85	408.00	0.518 times
05 Mon Feb 2024	410.70	396.15	428.85	396.15	1.046 times
02 Fri Feb 2024	399.75	399.00	413.60	394.10	1.138 times
01 Thu Feb 2024	394.05	396.00	397.10	388.45	0.609 times
31 Wed Jan 2024	395.65	393.80	409.00	393.00	1.256 times
30 Tue Jan 2024	393.15	343.80	404.95	340.55	2.903 times
29 Mon Jan 2024	341.25	323.25	344.65	323.25	0.664 times
25 Thu Jan 2024	322.05	318.25	327.50	318.25	0.755 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 397.6, but if it comes below 397.6, then a intra day sell could be more profitable.
If you take a sell trade below 397.6, then use 397.6 as stoploss and 356.27 as target. However if you take a buy trade in stock , then use 397.6 as stoploss and 447.2 as target.

Share price targets for Shaily Eng (SHAILY)

Target Type	Value
Downside Target	309.70
Downside Target	334.80
Downside Target	349.70
Downside Target	388.45
Downside Target	396.15
Downside Target	409.00
Downside Target	413.60
Upside Target	432.50
Upside Target	1632.35
Upside Target	1897.00
Upside Target	1914.95

Intraday share price targets for Shaily Eng (SHAILY)

Target Type	Value
Downside Intraday Target	397.83
Downside Intraday Target	378.82
Upside Intraday Target	434.18
Upside Intraday Target	451.52
Downside Intraday Target	415.17

Weekly technical analysis of Shaily Eng (SHAILY)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Thu Feb 2024	416.85	396.15	432.50	396.15	0.414 times
02 Fri Feb 2024	399.75	323.25	413.60	323.25	4.427 times
25 Thu Jan 2024	322.05	334.80	334.80	316.20	0.965 times
19 Fri Jan 2024	327.35	320.05	336.00	312.50	0.622 times
12 Fri Jan 2024	321.60	331.80	337.65	320.00	4.902 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 Shaily Eng (SHAILY)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Thu Feb 2024	416.85	396.00	432.50	388.45	0.413 times
31 Wed Jan 2024	395.65	333.00	409.00	312.50	3.535 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

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 Shaily Eng (SHAILY)

Price action analysis of Shaily Eng ( (SHAILY) ) 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 Shaily Eng ( (SHAILY) ) 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 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 BUY. 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Shaily Eng in short term but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 391.24 and Shaily Eng (SHAILY) 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 Shaily Eng (SHAILY) stock. Volume based technical analysis of Shaily Eng (SHAILY) stock is negative.

Shaily Eng 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.