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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 2024-09-06 View latest technical analysis

10 day averaged volume of Shankara Bldg is 82067

Date	Daily Closing Price	Open	High	Low	Volume
06 Fri Sep 2024	574.80	590.80	594.35	572.50	1.126 times
05 Thu Sep 2024	587.75	600.40	610.30	581.55	1.65 times
04 Wed Sep 2024	597.25	597.00	606.45	595.00	0.74 times
03 Tue Sep 2024	604.45	603.85	606.70	597.60	0.709 times
02 Mon Sep 2024	600.80	600.00	606.00	595.75	1.362 times
30 Fri Aug 2024	598.60	599.30	603.20	595.00	0.953 times
29 Thu Aug 2024	596.30	604.60	605.00	593.00	0.716 times
28 Wed Aug 2024	601.05	604.00	605.00	598.25	0.829 times
27 Tue Aug 2024	600.95	602.30	613.95	598.00	1.115 times
26 Mon Aug 2024	599.40	604.95	606.00	594.00	0.951 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 572.4, for a target of 585.3 or 596.1

Share price targets for Shankara Bldg (SHANKARA)

Target Type	Value
Downside Target	572.50
Upside Target	593.00
Upside Target	608.15
Upside Target	628.20
Upside Target	630.00
Upside Target	649.05
Upside Target	677.00
Upside Target	689.20
Upside Target	715.50
Upside Target	725.00
Upside Target	739.20

Intraday share price targets for Shankara Bldg (SHANKARA)

Target Type	Value
Downside Intraday Target	561.43
Downside Intraday Target	548.07
Upside Intraday Target	599.23
Upside Intraday Target	623.67
Upside Intraday Target	585.87

Weekly technical analysis of Shankara Bldg (SHANKARA)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Fri Sep 2024	574.80	600.00	610.30	572.50	1.225 times
30 Fri Aug 2024	598.60	604.95	613.95	593.00	0.998 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

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 Fri Sep 2024	574.80	600.00	610.30	572.50	0.22 times
30 Fri Aug 2024	598.60	685.00	689.20	574.25	0.868 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

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

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 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 595.17 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.