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(SHRENIK) Shrenik complete technical analysis [charts+indicators] | Buy/Sell Shrenik | (SHRENIK) share price targets

Complete technical analysis of Shrenik (SHRENIK) by charts plus indicators, forecast predictions and share price targets for Shrenik (SHRENIK)

Showing technical analysis as on 2025-04-08 View latest technical analysis

10 day averaged volume of Shrenik is 1595460

Date	Daily Closing Price	Open	High	Low	Volume
08 Tue Apr 2025	0.66	0.68	0.76	0.64	3.39 times
07 Mon Apr 2025	0.64	0.60	0.66	0.60	0.74 times
04 Fri Apr 2025	0.66	0.64	0.67	0.63	0.875 times
03 Thu Apr 2025	0.63	0.64	0.64	0.61	0.352 times
02 Wed Apr 2025	0.63	0.65	0.65	0.60	0.584 times
01 Tue Apr 2025	0.62	0.58	0.62	0.57	0.399 times
28 Fri Mar 2025	0.57	0.58	0.59	0.56	1.171 times
27 Thu Mar 2025	0.55	0.58	0.59	0.55	1.453 times
26 Wed Mar 2025	0.58	0.62	0.62	0.58	0.811 times
25 Tue Mar 2025	0.61	0.68	0.68	0.60	1.547 times

Stock of Shrenik (SHRENIK) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 0.7 as stoploss in an intra day sell trade for a target of 0.62. However, stock will show a bullish move above 0.7.

Share price targets for Shrenik (SHRENIK)

Target Type	Value
Downside Target	0.55
Downside Target	0.57
Downside Target	0.60
Downside Target	0.65
Upside Target	0.69
Upside Target	0.75
Upside Target	0.76
Upside Target	0.78
Upside Target	0.83
Upside Target	0.84

Intraday share price targets for Shrenik (SHRENIK)

Target Type	Value
Downside Intraday Target	0.59
Downside Intraday Target	0.51
Upside Intraday Target	0.75
Upside Intraday Target	0.83
Upside Intraday Target	0.67

Weekly technical analysis of Shrenik (SHRENIK)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Tue Apr 2025	0.66	0.60	0.76	0.60	1.868 times
04 Fri Apr 2025	0.66	0.58	0.67	0.57	0.314 times
28 Fri Mar 2025	0.57	0.61	0.68	0.55	0.925 times
21 Fri Mar 2025	0.59	0.63	0.66	0.55	3.178 times
13 Thu Mar 2025	0.63	0.67	0.68	0.61	0.778 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 Shrenik (SHRENIK)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Tue Apr 2025	0.66	0.58	0.76	0.57	0.315 times
28 Fri Mar 2025	0.57	0.68	0.69	0.55	1.763 times
28 Fri Feb 2025	0.66	0.73	0.78	0.65	0.79 times
31 Fri Jan 2025	0.72	0.78	0.83	0.69	6.087 times

Scroll below to view daily charts

Price has moved up 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 Shrenik (SHRENIK)

Price action analysis of Shrenik ( (SHRENIK) ) 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 Shrenik ( (SHRENIK) ) 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 Shrenik ( (SHRENIK) ) 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 Shrenik stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Shrenik in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Shrenik Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Shrenik in short term and BUY 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 Shrenik is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 0.62 and Shrenik (SHRENIK) 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 Shrenik (SHRENIK) stock. Volume based technical analysis of Shrenik (SHRENIK) stock is negative.

Shrenik Stock is giving positive 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.