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(SHOPERSTOP) Shoppers Stop complete technical analysis [charts+indicators] | Buy/Sell Shoppers Stop | (SHOPERSTOP) share price targets

Complete technical analysis of Shoppers Stop (SHOPERSTOP) by charts plus indicators, forecast predictions and share price targets for Shoppers Stop (SHOPERSTOP)

Shoppers Stop trades in NSE in Department Stores sector.

Showing technical analysis as on 2024-09-16 View latest technical analysis

10 day averaged volume of Shoppers Stop is 348827

Date	Daily Closing Price	Open	High	Low	Volume
16 Mon Sep 2024	891.65	914.05	932.05	884.30	0.389 times
13 Fri Sep 2024	914.05	890.00	921.60	884.30	0.568 times
12 Thu Sep 2024	895.15	895.95	943.40	878.10	1.901 times
11 Wed Sep 2024	890.60	815.65	935.90	812.45	5.466 times
10 Tue Sep 2024	817.30	815.80	833.50	810.10	0.063 times
09 Mon Sep 2024	811.50	817.25	831.60	802.05	0.386 times
06 Fri Sep 2024	817.25	830.00	860.00	810.30	0.145 times
05 Thu Sep 2024	829.55	807.00	864.95	807.00	0.518 times
04 Wed Sep 2024	815.10	810.00	820.50	782.00	0.777 times
03 Tue Sep 2024	813.50	795.05	818.95	787.25	0.108 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 862, but if it comes below 862, then a intra day sell could be more profitable.
If you take a sell trade below 862, then use 862 as stoploss and 820.81 as target. However if you take a buy trade in stock , then use 862 as stoploss and 911.5 as target.

Share price targets for Shoppers Stop (SHOPERSTOP)

Target Type	Value
Downside Target	689.00
Downside Target	711.60
Downside Target	737.00
Downside Target	757.15
Downside Target	802.05
Downside Target	824.00
Downside Target	826.40
Downside Target	864.95
Downside Target	884.30
Upside Target	920.00
Upside Target	932.05
Upside Target	943.40

Intraday share price targets for Shoppers Stop (SHOPERSTOP)

Target Type	Value
Downside Intraday Target	873.28
Downside Intraday Target	854.92
Upside Intraday Target	921.03
Upside Intraday Target	950.42
Upside Intraday Target	902.67

Weekly technical analysis of Shoppers Stop (SHOPERSTOP)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Mon Sep 2024	891.65	914.05	932.05	884.30	0.046 times
13 Fri Sep 2024	914.05	817.25	943.40	802.05	5.185 times
06 Fri Sep 2024	817.25	810.15	864.95	782.00	2.262 times
30 Fri Aug 2024	810.15	796.00	824.00	766.65	0.722 times
23 Fri Aug 2024	787.60	768.55	826.40	757.15	1.641 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 Shoppers Stop (SHOPERSTOP)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Mon Sep 2024	891.65	810.15	943.40	782.00	2.422 times
30 Fri Aug 2024	810.15	773.40	826.40	697.00	0.417 times
31 Wed Jul 2024	780.50	756.95	920.00	737.00	3.601 times
28 Fri Jun 2024	754.25	744.90	774.00	689.00	0.896 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 Shoppers Stop (SHOPERSTOP)

Price action analysis of Shoppers Stop ( (SHOPERSTOP) ) 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 Shoppers Stop ( (SHOPERSTOP) ) 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 Shoppers Stop ( (SHOPERSTOP) ) based on a mid to longer 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.

ADX buy sell signal for Shoppers Stop stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Shoppers Stop 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.

Shoppers Stop 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 coming down

CCI has generated a SELL signal for Shoppers Stop 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 Shoppers Stop is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 878.78 and Shoppers Stop (SHOPERSTOP) 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 Shoppers Stop (SHOPERSTOP) stock. Volume based technical analysis of Shoppers Stop (SHOPERSTOP) stock is negative.

Shoppers Stop 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.