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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 2024-03-06 View latest technical analysis

10 day averaged volume of Shankara Bldg is 91250

Date	Daily Closing Price	Open	High	Low	Volume
06 Wed Mar 2024	702.50	725.00	730.00	690.00	1.214 times
05 Tue Mar 2024	719.30	745.00	745.00	716.65	1.25 times
04 Mon Mar 2024	745.80	739.70	759.95	738.70	1.359 times
02 Sat Mar 2024	738.70	743.80	745.00	735.05	0.077 times
01 Fri Mar 2024	742.85	728.00	750.40	726.00	0.975 times
29 Thu Feb 2024	724.05	746.00	749.90	720.00	1.343 times
28 Wed Feb 2024	742.85	774.00	788.95	738.40	1.062 times
27 Tue Feb 2024	774.65	786.00	797.00	770.75	0.457 times
26 Mon Feb 2024	784.95	787.00	798.50	780.00	0.862 times
23 Fri Feb 2024	784.05	760.00	786.70	760.00	1.058 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 697.6, for a target of 733.5 or 763.34

Share price targets for Shankara Bldg (SHANKARA)

Target Type	Value
Downside Target	680.65
Upside 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	675.02
Downside Intraday Target	647.53
Upside Intraday Target	744.97
Upside Intraday Target	787.43
Upside Intraday Target	717.48

Weekly technical analysis of Shankara Bldg (SHANKARA)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Wed Mar 2024	702.50	739.70	759.95	690.00	0.8 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 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 Shankara Bldg (SHANKARA)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Wed Mar 2024	702.50	728.00	759.95	690.00	0.117 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 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 Shankara Bldg (SHANKARA)

Price action analysis of Shankara Bldg ( (SHANKARA) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 Strong and stock is gaining 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 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 Shankara Bldg in short term and SELL signal is strong!

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

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 742.27 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 negative.

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