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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 2024-08-09 View latest technical analysis

10 day averaged volume of Shankara Bldg is 54975

Date	Daily Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	626.10	662.00	669.80	622.30	6.147 times
08 Thu Aug 2024	667.35	654.70	677.00	650.00	1.713 times
07 Wed Aug 2024	650.00	641.00	652.70	637.00	0.668 times
06 Tue Aug 2024	637.80	643.10	654.95	635.00	1.737 times
05 Mon Aug 2024	642.85	650.10	658.90	632.00	1.443 times
02 Fri Aug 2024	664.60	673.30	673.30	663.00	0.884 times
01 Thu Aug 2024	675.05	685.00	689.20	673.00	0.624 times
31 Wed Jul 2024	682.30	683.30	688.40	679.95	0.662 times
30 Tue Jul 2024	679.95	680.00	684.40	675.75	0.521 times
29 Mon Jul 2024	679.20	674.40	682.00	674.40	0.628 times

Stock of Shankara Bldg (SHANKARA) has showed a significant fall. This could be a good time to exit from this stock.

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 629.9, for a target of 652.9 or 672.1

Share price targets for Shankara Bldg (SHANKARA)

Target Type	Value
Downside Target	622.30
Upside Target	677.00
Upside Target	689.20
Upside Target	692.00
Upside Target	709.90
Upside Target	715.50
Upside Target	725.00
Upside Target	739.20
Upside Target	742.00

Intraday share price targets for Shankara Bldg (SHANKARA)

Target Type	Value
Downside Intraday Target	606.6
Downside Intraday Target	587.1
Upside Intraday Target	661.3
Upside Intraday Target	696.5
Upside Intraday Target	641.8

Weekly technical analysis of Shankara Bldg (SHANKARA)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	626.10	650.10	677.00	622.30	3.529 times
02 Fri Aug 2024	664.60	674.40	689.20	663.00	0.595 times
26 Fri Jul 2024	674.05	666.45	692.00	649.05	1.027 times
19 Fri Jul 2024	666.45	703.10	709.90	660.70	0.75 times
12 Fri Jul 2024	699.60	715.95	725.00	685.30	0.306 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
09 Fri Aug 2024	626.10	685.00	689.20	622.30	0.302 times
31 Wed Jul 2024	682.30	692.00	739.20	649.05	1.468 times
28 Fri Jun 2024	684.25	700.50	725.00	630.00	0.763 times
31 Fri May 2024	686.70	681.55	715.50	628.20	1.33 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 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 645.68 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.