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(SHYAMTEL_BE) Shyam Telecom complete technical analysis [charts+indicators] | Buy/Sell Shyam Telecom | (SHYAMTEL_BE) share price targets

Complete technical analysis of Shyam Telecom (SHYAMTEL_BE) by charts plus indicators, forecast predictions and share price targets for Shyam Telecom (SHYAMTEL_BE)

Showing technical analysis as on 2024-12-06 View latest technical analysis

10 day averaged volume of Shyam Telecom is 1136

Date	Daily Closing Price	Open	High	Low	Volume
06 Fri Dec 2024	25.30	25.30	25.30	25.30	1.819 times
05 Thu Dec 2024	25.82	25.82	25.82	25.82	0.735 times
04 Wed Dec 2024	26.35	26.35	26.35	26.35	1.389 times
03 Tue Dec 2024	26.89	26.89	26.89	26.89	2.962 times
02 Mon Dec 2024	27.44	27.44	27.44	27.44	0.479 times
29 Fri Nov 2024	28.00	28.00	28.00	28.00	0.154 times
28 Thu Nov 2024	28.58	28.58	28.58	28.58	0.031 times
27 Wed Nov 2024	29.17	29.17	29.17	29.17	0.121 times
26 Tue Nov 2024	29.77	29.77	29.77	29.77	2.184 times
25 Mon Nov 2024	30.38	30.38	30.38	30.38	1.618 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 27.2, but if it comes above 27.2, then a intra day buy could be more profitable.
If you take a sell trade below 27.2, then use 27.2 as stoploss and 24 as target. However if you take a buy trade in stock , then use 27.2 as stoploss and 29.77 as target.

Share price targets for Shyam Telecom (SHYAMTEL_BE)

Target Type	Value
Downside Target	12.15
Downside Target	12.65
Downside Target	15.15
Downside Target	15.60
Downside Target	18.36
Downside Target	22.16
Downside Target	23.26
Downside Target	24.42
Downside Target	25.30
Upside Target	27.44
Upside Target	28.00
Upside Target	29.67
Upside Target	30.38
Upside Target	31.01
Upside Target	32.96
Upside Target	35.00

Intraday share price targets for Shyam Telecom (SHYAMTEL_BE)

Target Type	Value
Downside Intraday Target	24.59
Downside Intraday Target	23.87
Upside Intraday Target	26.73
Upside Intraday Target	28.15
Upside Intraday Target	26.01

Weekly technical analysis of Shyam Telecom (SHYAMTEL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Fri Dec 2024	25.30	27.44	27.44	25.30	1.797 times
29 Fri Nov 2024	28.00	30.38	30.38	28.00	1.425 times
22 Fri Nov 2024	31.01	32.96	32.96	31.01	0.047 times
14 Thu Nov 2024	33.64	31.15	35.00	31.15	1.465 times
08 Fri Nov 2024	29.67	24.42	29.67	24.42	3.44 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 Shyam Telecom (SHYAMTEL_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Fri Dec 2024	25.30	27.44	27.44	25.30	0.066 times
29 Fri Nov 2024	28.00	23.26	35.00	23.26	6.219 times
31 Thu Oct 2024	22.16	13.50	22.16	12.15	0.169 times
30 Mon Sep 2024	13.22	15.28	15.60	12.65	1.404 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 Shyam Telecom (SHYAMTEL_BE)

Price action analysis of Shyam Telecom ( (SHYAMTEL_BE) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Shyam Telecom ( (SHYAMTEL_BE) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Shyam Telecom ( (SHYAMTEL_BE) ) 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 Shyam Telecom stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Shyam Telecom in short term but the sell signal is initial and weak.

Shyam Telecom 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Shyam Telecom 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 Shyam Telecom is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 27.61 and Shyam Telecom (SHYAMTEL_BE) 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 Shyam Telecom (SHYAMTEL_BE) stock. Volume based technical analysis of Shyam Telecom (SHYAMTEL_BE) stock is negative.

Shyam Telecom Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.