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(SHANKARA) Shankara Bldg complete technical analysis [charts+indicators] | Buy/Sell Shankara Bldg | (SHANKARA) share price targets

Complete technical analysis of Shankara Bldg (SHANKARA) by charts plus indicators, forecast predictions and share price targets for Shankara Bldg (SHANKARA)

Showing technical analysis as on 2024-03-04 View latest technical analysis

10 day averaged volume of Shankara Bldg is 86896

Date	Daily Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	745.80	739.70	759.95	738.70	1.427 times
02 Sat Mar 2024	738.70	743.80	745.00	735.05	0.081 times
01 Fri Mar 2024	742.85	728.00	750.40	726.00	1.024 times
29 Thu Feb 2024	724.05	746.00	749.90	720.00	1.411 times
28 Wed Feb 2024	742.85	774.00	788.95	738.40	1.115 times
27 Tue Feb 2024	774.65	786.00	797.00	770.75	0.48 times
26 Mon Feb 2024	784.95	787.00	798.50	780.00	0.905 times
23 Fri Feb 2024	784.05	760.00	786.70	760.00	1.111 times
22 Thu Feb 2024	762.45	782.95	786.95	758.50	1.634 times
21 Wed Feb 2024	779.00	798.00	799.90	773.00	0.864 times

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 742.8 as stoploss in an intra day buy trade for a target of 767.65. However, stock will show a bearish move below 742.8.

Share price targets for Shankara Bldg (SHANKARA)

Target Type	Value
Downside Target	680.65
Downside Target	696.80
Downside Target	720.00
Upside Target	757.20
Upside Target	759.95
Upside Target	779.40
Upside Target	792.00
Upside Target	798.00
Upside Target	798.50
Upside Target	815.05
Upside Target	834.75

Intraday share price targets for Shankara Bldg (SHANKARA)

Target Type	Value
Downside Intraday Target	736.35
Downside Intraday Target	726.9
Upside Intraday Target	757.6
Upside Intraday Target	769.4
Upside Intraday Target	748.15

Weekly technical analysis of Shankara Bldg (SHANKARA)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	745.80	739.70	759.95	738.70	0.285 times
02 Sat Mar 2024	738.70	787.00	798.50	720.00	0.729 times
23 Fri Feb 2024	784.05	807.00	815.05	758.50	0.335 times
16 Fri Feb 2024	802.30	771.00	834.75	731.95	2.033 times
09 Fri Feb 2024	769.75	774.50	798.00	730.00	1.35 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 Shankara Bldg (SHANKARA)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	745.80	728.00	759.95	726.00	0.058 times
29 Thu Feb 2024	724.05	765.05	834.75	720.00	1.24 times
31 Wed Jan 2024	767.70	716.00	779.40	696.80	1.066 times
29 Fri Dec 2023	713.70	700.00	792.00	680.65	2.451 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 Shankara Bldg (SHANKARA)

Price action analysis of Shankara Bldg ( (SHANKARA) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Shankara Bldg ( (SHANKARA) ) 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 Shankara Bldg ( (SHANKARA) ) 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 Shankara Bldg ( (SHANKARA) ) 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 Shankara Bldg stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Shankara Bldg in short term and the sell signal is strong.

Shankara Bldg 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 Shankara Bldg 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 negative zone. This is the SELL zone

Stock of Shankara Bldg is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 756.75 and Shankara Bldg (SHANKARA) 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 Shankara Bldg (SHANKARA) stock. Volume based technical analysis of Shankara Bldg (SHANKARA) stock is negative.

Shankara Bldg 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.