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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 2024-03-15 View latest technical analysis

10 day averaged volume of Shankara Bldg is 114591

Date	Daily Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	646.35	646.00	654.30	629.05	1.119 times
14 Thu Mar 2024	644.75	635.70	655.00	632.05	1.151 times
13 Wed Mar 2024	632.75	667.85	677.50	626.00	1.181 times
12 Tue Mar 2024	661.90	687.00	689.00	650.00	2.331 times
11 Mon Mar 2024	687.05	706.15	712.55	682.50	1.118 times
07 Thu Mar 2024	711.40	705.00	720.00	705.00	0.337 times
06 Wed Mar 2024	702.50	725.00	730.00	690.00	0.967 times
05 Tue Mar 2024	719.30	745.00	745.00	716.65	0.996 times
04 Mon Mar 2024	745.80	739.70	759.95	738.70	1.082 times
02 Sat Mar 2024	738.70	743.80	745.00	735.05	0.062 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 678, but if it comes above 678, then a intra day buy could be more profitable.
If you take a sell trade below 678, then use 678 as stoploss and 618 as target. However if you take a buy trade in stock , then use 678 as stoploss and 727.91 as target.

Share price targets for Shankara Bldg (SHANKARA)

Target Type	Value
Downside Target	626.00
Upside Target	680.65
Upside Target	712.55
Upside Target	757.20
Upside Target	759.95
Upside Target	779.40
Upside Target	792.00
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	610.72
Downside Intraday Target	575.08
Upside Intraday Target	697.27
Upside Intraday Target	748.18
Upside Intraday Target	661.63

Weekly technical analysis of Shankara Bldg (SHANKARA)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	646.35	706.15	712.55	626.00	2.04 times
07 Thu Mar 2024	711.40	739.70	759.95	690.00	0.889 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

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Shankara Bldg (SHANKARA)

Date	Monthly Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	646.35	728.00	759.95	626.00	0.335 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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 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 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 677.87 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.