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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 2024-08-29 View latest technical analysis

10 day averaged volume of Shankara Bldg is 77360

Date	Daily Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	596.30	604.60	605.00	593.00	0.759 times
28 Wed Aug 2024	601.05	604.00	605.00	598.25	0.879 times
27 Tue Aug 2024	600.95	602.30	613.95	598.00	1.183 times
26 Mon Aug 2024	599.40	604.95	606.00	594.00	1.009 times
23 Fri Aug 2024	600.80	608.00	608.15	596.95	1.035 times
22 Thu Aug 2024	605.10	595.80	607.50	592.00	1.078 times
21 Wed Aug 2024	592.40	596.85	598.15	586.40	0.845 times
20 Tue Aug 2024	593.85	585.00	603.85	583.00	0.919 times
19 Mon Aug 2024	581.95	584.90	589.50	574.25	0.972 times
16 Fri Aug 2024	578.50	594.00	598.35	575.30	1.264 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 585.2 as stoploss in an intra day buy trade for a target of 614.8. However, stock will show a bearish move below 585.2.

Share price targets for Shankara Bldg (SHANKARA)

Target Type	Value
Downside Target	574.25
Downside Target	593.00
Upside Target	608.15
Upside Target	663.00
Upside Target	677.00
Upside Target	689.20
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	588.22
Downside Intraday Target	580.13
Upside Intraday Target	609.17
Upside Intraday Target	622.03
Upside Intraday Target	601.08

Weekly technical analysis of Shankara Bldg (SHANKARA)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	596.30	604.95	613.95	593.00	0.79 times
23 Fri Aug 2024	600.80	584.90	608.15	574.25	0.613 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

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
29 Thu Aug 2024	596.30	685.00	689.20	574.25	0.836 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 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 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 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 Weak and stock is gaining momentum.

MACD generated a BUY signal for Shankara Bldg in short term but the buy signal is initial and weak.

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

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. Bulls 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 but SELL 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 594.79 and Shankara Bldg (SHANKARA) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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.