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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 2024-11-08 View latest technical analysis

10 day averaged volume of Shoppers Stop is 79580

Date	Daily Closing Price	Open	High	Low	Volume
08 Fri Nov 2024	635.75	645.20	656.70	631.05	1.726 times
07 Thu Nov 2024	653.60	667.00	672.15	652.05	0.73 times
06 Wed Nov 2024	657.20	659.95	665.95	646.35	2.068 times
05 Tue Nov 2024	659.95	665.10	682.00	654.20	0.776 times
04 Mon Nov 2024	658.50	675.00	739.40	651.20	4.235 times
01 Fri Nov 2024	682.15	680.10	688.40	672.55	0.073 times
31 Thu Oct 2024	672.75	669.70	685.55	667.45	0.231 times
30 Wed Oct 2024	669.70	679.05	691.45	666.25	0.258 times
29 Tue Oct 2024	672.35	690.00	690.00	664.55	0.151 times
28 Mon Oct 2024	683.10	670.95	690.45	653.05	0.473 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 655.8, but if it comes above 655.8, then a intra day buy could be more profitable.
If you take a sell trade below 655.8, then use 655.8 as stoploss and 607.5 as target. However if you take a buy trade in stock , then use 655.8 as stoploss and 696.01 as target.

Share price targets for Shoppers Stop (SHOPERSTOP)

Target Type	Value
Downside Target	631.05
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	598.07
Downside Intraday Target	560.38
Upside Intraday Target	706.42
Upside Intraday Target	777.08
Upside Intraday Target	668.73

Weekly technical analysis of Shoppers Stop (SHOPERSTOP)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Fri Nov 2024	635.75	675.00	739.40	631.05	8.041 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
08 Fri Nov 2024	635.75	680.10	739.40	631.05	0.737 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 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 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 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 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 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 positive zone. This is a BUY 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 656.38 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.