Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-04-12 View latest technical analysis

10 day averaged volume of Shaily Eng is 162515

Date	Daily Closing Price	Open	High	Low	Volume
12 Fri Apr 2024	563.45	557.25	571.10	552.35	0.78 times
10 Wed Apr 2024	559.90	565.00	579.50	558.05	0.865 times
09 Tue Apr 2024	561.95	565.00	570.00	553.55	0.761 times
08 Mon Apr 2024	559.90	554.25	570.00	554.15	0.96 times
05 Fri Apr 2024	548.25	544.45	564.00	542.35	0.767 times
04 Thu Apr 2024	542.25	557.15	570.00	534.00	1.294 times
03 Wed Apr 2024	548.90	532.05	578.00	532.05	1.947 times
02 Tue Apr 2024	529.75	509.45	537.30	508.45	1.587 times
01 Mon Apr 2024	508.80	535.00	537.45	505.40	0.546 times
28 Thu Mar 2024	529.95	521.50	540.00	515.30	0.651 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 549.5, but if it comes below 549.5, then a intra day sell could be more profitable.
If you take a sell trade below 549.5, then use 549.5 as stoploss and 516.94 as target. However if you take a buy trade in stock , then use 549.5 as stoploss and 588.7 as target.

Share price targets for Shaily Eng (SHAILY)

Target Type	Value
Downside Target	309.70
Downside Target	349.70
Downside Target	371.15
Downside Target	409.00
Downside Target	451.10
Downside Target	467.20
Downside Target	477.40
Downside Target	503.75
Downside Target	540.00
Downside Target	552.35
Upside Target	565.00
Upside Target	578.00
Upside Target	579.50

Intraday share price targets for Shaily Eng (SHAILY)

Target Type	Value
Downside Intraday Target	550.7
Downside Intraday Target	537.95
Upside Intraday Target	577.85
Upside Intraday Target	592.25
Upside Intraday Target	565.1

Weekly technical analysis of Shaily Eng (SHAILY)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Fri Apr 2024	563.45	554.25	579.50	552.35	0.548 times
05 Fri Apr 2024	548.25	535.00	578.00	505.40	3.114 times
28 Thu Mar 2024	529.95	479.35	540.00	477.40	0.682 times
22 Fri Mar 2024	483.30	494.95	503.75	467.20	0.679 times
15 Fri Mar 2024	492.50	540.00	540.00	451.10	2.839 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
12 Fri Apr 2024	563.45	535.00	579.50	505.40	0.847 times
28 Thu Mar 2024	529.95	549.95	565.00	451.10	0.453 times
29 Thu Feb 2024	540.00	396.00	549.70	371.15	1.624 times
31 Wed Jan 2024	395.65	333.00	409.00	312.50	3.535 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 and the buy signal is strong.

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 tired and bears are picking up momentum.

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 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 545.71 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.