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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 2024-11-04 View latest technical analysis

10 day averaged volume of Shoppers Stop is 47288

Date	Daily Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	658.50	675.00	739.40	651.20	7.127 times
01 Fri Nov 2024	682.15	680.10	688.40	672.55	0.123 times
31 Thu Oct 2024	672.75	669.70	685.55	667.45	0.389 times
30 Wed Oct 2024	669.70	679.05	691.45	666.25	0.434 times
29 Tue Oct 2024	672.35	690.00	690.00	664.55	0.254 times
28 Mon Oct 2024	683.10	670.95	690.45	653.05	0.796 times
25 Fri Oct 2024	660.05	688.30	691.65	643.40	1.692 times
24 Thu Oct 2024	690.45	715.25	715.25	682.00	1.342 times
23 Wed Oct 2024	704.70	666.05	745.30	663.10	3.278 times
22 Tue Oct 2024	716.70	730.40	736.00	688.95	1.125 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 677.9, but if it comes above 677.9, then a intra day buy could be more profitable.
If you take a sell trade below 677.9, then use 677.9 as stoploss and 627.4 as target. However if you take a buy trade in stock , then use 677.9 as stoploss and 719.97 as target.

Share price targets for Shoppers Stop (SHOPERSTOP)

Target Type	Value
Downside Target	643.40
Upside Target	691.45
Upside Target	731.00
Upside Target	745.30
Upside Target	782.00
Upside Target	795.70
Upside Target	798.45
Upside Target	826.40
Upside Target	838.00
Upside Target	920.00
Upside Target	943.40

Intraday share price targets for Shoppers Stop (SHOPERSTOP)

Target Type	Value
Downside Intraday Target	626.67
Downside Intraday Target	594.83
Upside Intraday Target	714.87
Upside Intraday Target	771.23
Upside Intraday Target	683.03

Weekly technical analysis of Shoppers Stop (SHOPERSTOP)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	658.50	675.00	739.40	651.20	3.572 times
01 Fri Nov 2024	682.15	670.95	691.45	653.05	0.249 times
25 Fri Oct 2024	660.05	738.95	745.30	643.40	3.019 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

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Shoppers Stop (SHOPERSTOP)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	658.50	680.10	739.40	651.20	0.33 times
31 Thu Oct 2024	672.75	789.25	838.00	643.40	0.224 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

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 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Shoppers Stop stock for short term is SELL. Signal strength is Weak 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a buy signal for Shoppers Stop in short term but BUY 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 676.55 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.