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(SHANTI) Shanti Overseas complete technical analysis [charts+indicators] | Buy/Sell Shanti Overseas | (SHANTI) share price targets

Complete technical analysis of Shanti Overseas (SHANTI) by charts plus indicators, forecast predictions and share price targets for Shanti Overseas (SHANTI)

Showing technical analysis as on 2024-01-08 View latest technical analysis

10 day averaged volume of Shanti Overseas is 57922

Date	Daily Closing Price	Open	High	Low	Volume
08 Mon Jan 2024	18.80	19.15	19.50	17.75	1.276 times
05 Fri Jan 2024	19.10	20.10	20.20	18.80	1.303 times
04 Thu Jan 2024	19.10	17.90	20.45	17.90	6.511 times
03 Wed Jan 2024	17.90	18.20	18.20	17.75	0.296 times
02 Tue Jan 2024	17.90	17.90	18.10	17.85	0.176 times
01 Mon Jan 2024	17.90	17.65	18.10	17.65	0.123 times
29 Fri Dec 2023	17.80	17.70	18.25	17.70	0.181 times
28 Thu Dec 2023	18.05	18.30	18.30	17.90	0.249 times
27 Wed Dec 2023	18.15	18.25	18.25	17.80	0.262 times
26 Tue Dec 2023	18.00	18.10	18.45	17.75	0.567 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 18.6, but if it comes below 18.6, then a intra day sell could be more profitable.
If you take a sell trade below 18.6, then use 18.6 as stoploss and 18.17 as target. However if you take a buy trade in stock , then use 18.6 as stoploss and 19 as target.

Share price targets for Shanti Overseas (SHANTI)

Target Type	Value
Downside Target	14.65
Downside Target	16.20
Downside Target	17.40
Downside Target	18.45
Upside Target	19.00
Upside Target	19.15
Upside Target	19.50
Upside Target	20.45
Upside Target	21.65
Upside Target	23.50

Intraday share price targets for Shanti Overseas (SHANTI)

Target Type	Value
Downside Intraday Target	17.87
Downside Intraday Target	16.93
Upside Intraday Target	19.62
Upside Intraday Target	20.43
Downside Intraday Target	18.68

Weekly technical analysis of Shanti Overseas (SHANTI)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Mon Jan 2024	18.80	19.15	19.50	17.75	0.152 times
05 Fri Jan 2024	19.10	17.65	20.45	17.65	6.674 times
29 Fri Dec 2023	17.80	18.10	18.45	17.70	0.558 times
22 Fri Dec 2023	18.00	18.50	18.50	17.40	0.74 times
15 Fri Dec 2023	18.20	17.90	19.00	17.55	1.059 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 Shanti Overseas (SHANTI)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Mon Jan 2024	18.80	17.65	20.45	17.65	0.939 times
29 Fri Dec 2023	17.80	18.85	19.15	17.40	0.55 times
30 Thu Nov 2023	18.75	17.90	21.65	17.80	0.367 times
31 Tue Oct 2023	17.85	16.90	23.50	16.20	2.465 times

Scroll below to view daily charts

Price has moved up 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 Shanti Overseas (SHANTI)

Price action analysis of Shanti Overseas ( (SHANTI) ) based on a short 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 Shanti Overseas ( (SHANTI) ) 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 Shanti Overseas ( (SHANTI) ) based on a mid to longer term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

ADX buy sell signal for Shanti Overseas stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Shanti Overseas 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.

Shanti Overseas 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 tired and bears are picking up momentum.

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 Shanti Overseas 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Shanti Overseas is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 18.87 and Shanti Overseas (SHANTI) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Shanti Overseas (SHANTI) stock. Volume based technical analysis of Shanti Overseas (SHANTI) stock is negative.

Shanti Overseas 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.