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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 2024-08-22 View latest technical analysis

10 day averaged volume of Shankara Bldg is 129255

Date	Daily Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	605.10	595.80	607.50	592.00	0.645 times
21 Wed Aug 2024	592.40	596.85	598.15	586.40	0.506 times
20 Tue Aug 2024	593.85	585.00	603.85	583.00	0.55 times
19 Mon Aug 2024	581.95	584.90	589.50	574.25	0.582 times
16 Fri Aug 2024	578.50	594.00	598.35	575.30	0.757 times
14 Wed Aug 2024	588.35	602.00	604.10	586.30	0.489 times
13 Tue Aug 2024	601.80	591.95	618.30	588.85	1.225 times
12 Mon Aug 2024	591.70	626.55	626.55	586.20	2.264 times
09 Fri Aug 2024	626.10	662.00	669.80	622.30	2.614 times
08 Thu Aug 2024	667.35	654.70	677.00	650.00	0.729 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 596.4 as stoploss in an intra day buy trade for a target of 634.54. However, stock will show a bearish move below 596.4.

Share price targets for Shankara Bldg (SHANKARA)

Target Type	Value
Downside Target	574.25
Upside Target	607.50
Upside Target	622.30
Upside Target	663.00
Upside Target	677.00
Upside Target	689.20
Upside Target	692.00
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	583.73
Downside Intraday Target	562.37
Upside Intraday Target	616.98
Upside Intraday Target	628.87
Downside Intraday Target	595.62

Weekly technical analysis of Shankara Bldg (SHANKARA)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	605.10	584.90	607.50	574.25	0.482 times
16 Fri Aug 2024	578.50	626.55	626.55	575.30	0.951 times
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

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
22 Thu Aug 2024	605.10	685.00	689.20	574.25	0.679 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 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 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 losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 but selling is losing 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 606.21 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.