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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 2024-09-18 View latest technical analysis

10 day averaged volume of Shankara Bldg is 83881

Date	Daily Closing Price	Open	High	Low	Volume
18 Wed Sep 2024	569.75	573.60	576.00	567.05	0.549 times
17 Tue Sep 2024	573.60	577.10	581.20	570.05	0.606 times
16 Mon Sep 2024	577.05	573.90	586.00	573.90	0.637 times
13 Fri Sep 2024	571.90	575.00	578.45	571.00	0.656 times
12 Thu Sep 2024	571.95	582.35	585.00	569.50	1.178 times
11 Wed Sep 2024	584.20	583.90	603.00	582.00	1.541 times
10 Tue Sep 2024	580.95	566.70	586.25	565.20	1.066 times
09 Mon Sep 2024	563.85	574.95	577.70	561.80	0.876 times
06 Fri Sep 2024	574.80	590.80	594.35	572.50	1.101 times
05 Thu Sep 2024	587.75	600.40	610.30	581.55	1.615 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 574.6, but if it comes above 574.6, then a intra day buy could be more profitable.
If you take a sell trade below 574.6, then use 574.6 as stoploss and 558.4 as target. However if you take a buy trade in stock , then use 574.6 as stoploss and 588.03 as target.

Share price targets for Shankara Bldg (SHANKARA)

Target Type	Value
Downside Target	561.80
Upside Target	586.00
Upside Target	610.30
Upside Target	613.95
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	562.53
Downside Intraday Target	555.32
Upside Intraday Target	581.48
Upside Intraday Target	593.22
Upside Intraday Target	574.27

Weekly technical analysis of Shankara Bldg (SHANKARA)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Wed Sep 2024	569.75	573.90	586.00	567.05	0.337 times
13 Fri Sep 2024	571.90	574.95	603.00	561.80	0.972 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

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
18 Wed Sep 2024	569.75	600.00	610.30	561.80	0.505 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 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 term time period is neutral. A longer time frame might give a better analysis.

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 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 but selling is losing 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 577.35 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.