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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 2024-10-15 View latest technical analysis

10 day averaged volume of Shoppers Stop is 61952

Date	Daily Closing Price	Open	High	Low	Volume
15 Tue Oct 2024	761.85	766.00	776.00	759.90	0.397 times
14 Mon Oct 2024	765.10	772.75	795.70	756.05	0.42 times
11 Fri Oct 2024	772.75	779.25	785.00	766.95	0.25 times
10 Thu Oct 2024	773.60	775.00	783.00	751.85	0.28 times
09 Wed Oct 2024	769.60	781.30	792.80	765.10	0.462 times
08 Tue Oct 2024	769.75	751.90	775.00	739.55	0.568 times
07 Mon Oct 2024	753.50	794.45	798.45	750.10	0.794 times
04 Fri Oct 2024	787.30	783.70	809.00	775.05	0.97 times
03 Thu Oct 2024	783.70	824.40	825.00	778.05	1.165 times
01 Tue Oct 2024	827.50	789.25	838.00	779.00	2.701 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 769.7, but if it comes above 769.7, then a intra day buy could be more profitable.
If you take a sell trade below 769.7, then use 769.7 as stoploss and 715.6 as target. However if you take a buy trade in stock , then use 769.7 as stoploss and 814.73 as target.

Share price targets for Shoppers Stop (SHOPERSTOP)

Target Type	Value
Downside Target	689.00
Downside Target	737.00
Downside Target	756.05
Upside Target	774.00
Upside Target	820.15
Upside Target	836.15
Upside Target	838.00
Upside Target	909.95
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	746.7
Downside Intraday Target	731.55
Upside Intraday Target	786.35
Upside Intraday Target	810.85
Upside Intraday Target	771.2

Weekly technical analysis of Shoppers Stop (SHOPERSTOP)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Tue Oct 2024	761.85	772.75	795.70	756.05	0.347 times
11 Fri Oct 2024	772.75	794.45	798.45	739.55	0.326 times
04 Fri Oct 2024	787.30	818.05	838.00	775.05	0.781 times
27 Fri Sep 2024	829.85	850.00	909.95	820.15	1.375 times
20 Fri Sep 2024	846.10	914.05	932.05	836.15	0.142 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
15 Tue Oct 2024	761.85	789.25	838.00	739.55	0.107 times
30 Mon Sep 2024	789.40	810.15	943.40	782.00	3.092 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

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 Shoppers Stop (SHOPERSTOP)

Price action analysis of Shoppers Stop ( (SHOPERSTOP) ) 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 Shoppers Stop ( (SHOPERSTOP) ) based on a short 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.

Price action analysis of Shoppers Stop ( (SHOPERSTOP) ) 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 Shoppers Stop ( (SHOPERSTOP) ) 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 Shoppers Stop stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Shoppers Stop in short term and the sell signal is strong.

Shoppers Stop 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 coming down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 791.36 and Shoppers Stop (SHOPERSTOP) 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 Shoppers Stop (SHOPERSTOP) stock. Volume based technical analysis of Shoppers Stop (SHOPERSTOP) stock is negative.

Shoppers Stop 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.