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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 2024-09-11 View latest technical analysis

10 day averaged volume of Shankara Bldg is 82639

Date	Daily Closing Price	Open	High	Low	Volume
11 Wed Sep 2024	584.20	583.90	603.00	582.00	1.564 times
10 Tue Sep 2024	580.95	566.70	586.25	565.20	1.082 times
09 Mon Sep 2024	563.85	574.95	577.70	561.80	0.889 times
06 Fri Sep 2024	574.80	590.80	594.35	572.50	1.118 times
05 Thu Sep 2024	587.75	600.40	610.30	581.55	1.639 times
04 Wed Sep 2024	597.25	597.00	606.45	595.00	0.735 times
03 Tue Sep 2024	604.45	603.85	606.70	597.60	0.704 times
02 Mon Sep 2024	600.80	600.00	606.00	595.75	1.353 times
30 Fri Aug 2024	598.60	599.30	603.20	595.00	0.946 times
29 Thu Aug 2024	596.30	604.60	605.00	593.00	0.711 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 580.7 as stoploss in an intra day buy trade for a target of 591.57. However, stock will show a bearish move below 580.7.

Share price targets for Shankara Bldg (SHANKARA)

Target Type	Value
Downside Target	561.80
Upside Target	593.00
Upside Target	613.95
Upside Target	626.55
Upside Target	628.20
Upside Target	630.00
Upside Target	649.05
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	563
Downside Intraday Target	541.8
Upside Intraday Target	604.2
Upside Intraday Target	624.2
Downside Intraday Target	583

Weekly technical analysis of Shankara Bldg (SHANKARA)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Wed Sep 2024	584.20	574.95	603.00	561.80	0.637 times
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

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
11 Wed Sep 2024	584.20	600.00	610.30	561.80	0.36 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 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 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 Weak and stock is losing 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 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 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 588.13 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.