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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 2024-10-22 View latest technical analysis

10 day averaged volume of Shoppers Stop is 24883

Date	Daily Closing Price	Open	High	Low	Volume
22 Tue Oct 2024	716.70	730.40	736.00	688.95	2.138 times
21 Mon Oct 2024	730.40	738.95	744.25	717.00	1.079 times
18 Fri Oct 2024	741.25	742.05	759.80	731.00	1.236 times
17 Thu Oct 2024	747.85	753.45	762.95	742.25	0.909 times
16 Wed Oct 2024	756.75	761.85	767.40	752.30	0.86 times
15 Tue Oct 2024	761.85	766.00	776.00	759.90	0.987 times
14 Mon Oct 2024	765.10	772.75	795.70	756.05	1.046 times
11 Fri Oct 2024	772.75	779.25	785.00	766.95	0.622 times
10 Thu Oct 2024	773.60	775.00	783.00	751.85	0.696 times
09 Wed Oct 2024	769.60	781.30	792.80	765.10	1.15 times

Stock of Shoppers Stop (SHOPERSTOP) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 738, but if it comes above 738, then a intra day buy could be more profitable.
If you take a sell trade below 738, then use 738 as stoploss and 680.8 as target. However if you take a buy trade in stock , then use 738 as stoploss and 785.74 as target.

Share price targets for Shoppers Stop (SHOPERSTOP)

Target Type	Value
Downside Target	688.95
Upside Target	731.00
Upside Target	774.00
Upside Target	798.45
Upside Target	820.15
Upside Target	826.40
Upside Target	838.00
Upside Target	909.95
Upside Target	920.00
Upside Target	943.40

Intraday share price targets for Shoppers Stop (SHOPERSTOP)

Target Type	Value
Downside Intraday Target	689.02
Downside Intraday Target	661.33
Upside Intraday Target	744.32
Upside Intraday Target	771.93
Downside Intraday Target	716.63

Weekly technical analysis of Shoppers Stop (SHOPERSTOP)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Tue Oct 2024	716.70	738.95	744.25	688.95	0.638 times
18 Fri Oct 2024	741.25	772.75	795.70	731.00	0.86 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

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
22 Tue Oct 2024	716.70	789.25	838.00	688.95	0.141 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

ADX buy sell signal for Shoppers Stop stock for short term is SELL. Signal strength is Strong and stock is gaining 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 BUY signal in short term but buying 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 748.26 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.