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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 2024-11-21 View latest technical analysis

10 day averaged volume of Shankara Bldg is 245029

Date	Daily Closing Price	Open	High	Low	Volume
21 Thu Nov 2024	592.60	592.05	598.90	589.70	0.283 times
19 Tue Nov 2024	590.15	590.65	602.70	589.85	0.163 times
18 Mon Nov 2024	590.65	611.75	619.25	589.90	0.474 times
14 Thu Nov 2024	609.40	610.00	621.00	607.05	0.51 times
13 Wed Nov 2024	606.85	603.95	614.00	586.05	1.261 times
12 Tue Nov 2024	604.10	586.45	609.20	583.00	1.116 times
11 Mon Nov 2024	583.95	537.00	609.95	518.00	2.636 times
08 Fri Nov 2024	537.00	555.90	555.90	533.00	0.295 times
07 Thu Nov 2024	551.50	565.00	569.55	544.05	0.324 times
06 Wed Nov 2024	563.30	530.00	569.00	526.00	1.013 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 587.8, but if it comes below 587.8, then a intra day sell could be more profitable.
If you take a sell trade below 587.8, then use 587.8 as stoploss and 534.71 as target. However if you take a buy trade in stock , then use 587.8 as stoploss and 651.5 as target.

Share price targets for Shankara Bldg (SHANKARA)

Target Type	Value
Downside Target	444.90
Downside Target	454.70
Downside Target	500.00
Downside Target	518.00
Downside Target	569.55
Downside Target	589.70
Upside Target	610.30
Upside Target	619.25
Upside Target	621.00
Upside Target	649.05
Upside Target	689.20
Upside Target	739.20

Intraday share price targets for Shankara Bldg (SHANKARA)

Target Type	Value
Downside Intraday Target	581.78
Downside Intraday Target	570.97
Upside Intraday Target	611.33
Upside Intraday Target	630.07
Upside Intraday Target	600.52

Weekly technical analysis of Shankara Bldg (SHANKARA)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Thu Nov 2024	592.60	611.75	619.25	589.70	0.167 times
14 Thu Nov 2024	609.40	537.00	621.00	518.00	1.318 times
08 Fri Nov 2024	537.00	498.00	569.55	455.35	3.867 times
01 Fri Nov 2024	499.20	457.95	500.00	444.90	0.878 times
25 Fri Oct 2024	456.00	515.80	519.00	454.70	1.066 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
21 Thu Nov 2024	592.60	498.00	621.00	455.35	1.82 times
31 Thu Oct 2024	491.95	527.65	530.75	444.90	0.81 times
30 Mon Sep 2024	526.05	600.00	610.30	521.05	0.851 times
30 Fri Aug 2024	598.60	685.00	689.20	574.25	0.868 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Shankara Bldg ( (SHANKARA) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Shankara Bldg stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Shankara Bldg in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Shankara Bldg in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 587.13 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.