Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(SCHAEFFLER) Schaeffler India complete technical analysis [charts+indicators] | Buy/Sell Schaeffler India | (SCHAEFFLER) share price targets

Complete technical analysis of Schaeffler India (SCHAEFFLER) by charts plus indicators, forecast predictions and share price targets for Schaeffler India (SCHAEFFLER)

Showing technical analysis as on 2024-02-23 View latest technical analysis

10 day averaged volume of Schaeffler India is 87326

Date	Daily Closing Price	Open	High	Low	Volume
23 Fri Feb 2024	2922.65	2882.25	2954.00	2870.00	0.329 times
22 Thu Feb 2024	2885.85	2894.75	2902.60	2830.00	0.525 times
21 Wed Feb 2024	2868.20	2930.00	2938.85	2850.40	1.713 times
20 Tue Feb 2024	2905.50	3022.45	3044.75	2886.00	0.862 times
19 Mon Feb 2024	3011.85	2979.00	3063.85	2951.00	4.111 times
16 Fri Feb 2024	3064.15	3085.00	3097.25	3050.00	0.303 times
15 Thu Feb 2024	3022.60	2978.30	3094.00	2962.00	0.856 times
14 Wed Feb 2024	2978.30	2932.00	2996.80	2932.00	0.151 times
13 Tue Feb 2024	2956.45	2990.00	3005.30	2947.45	0.24 times
12 Mon Feb 2024	3005.50	3021.05	3056.85	2981.35	0.962 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2943.1, but if it comes above 2943.1, then a intra day buy could be more profitable.
If you take a sell trade below 2943.1, then use 2943.1 as stoploss and 2845.3 as target. However if you take a buy trade in stock , then use 2943.1 as stoploss and 3024.59 as target.

Share price targets for Schaeffler India (SCHAEFFLER)

Target Type	Value
Downside Target	2612.20
Downside Target	2795.50
Upside Target	3041.90
Upside Target	3097.25
Upside Target	3171.85
Upside Target	3179.90
Upside Target	3235.45
Upside Target	3322.55
Upside Target	3335.00
Upside Target	3434.00

Intraday share price targets for Schaeffler India (SCHAEFFLER)

Target Type	Value
Downside Intraday Target	2813.82
Downside Intraday Target	2704.98
Upside Intraday Target	3047.67
Upside Intraday Target	3172.68
Upside Intraday Target	2938.83

Weekly technical analysis of Schaeffler India (SCHAEFFLER)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Fri Feb 2024	2922.65	2979.00	3063.85	2830.00	3.002 times
16 Fri Feb 2024	3064.15	3021.05	3097.25	2932.00	0.754 times
09 Fri Feb 2024	3016.85	3131.20	3179.90	2980.00	1.235 times
02 Fri Feb 2024	3131.20	3110.20	3171.85	3062.80	1.443 times
25 Thu Jan 2024	3110.10	3300.00	3322.55	3041.90	0.698 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 Schaeffler India (SCHAEFFLER)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Fri Feb 2024	2922.65	3117.30	3179.90	2830.00	1.113 times
31 Wed Jan 2024	3131.20	3209.10	3434.00	3041.90	0.783 times
29 Fri Dec 2023	3203.00	2848.00	3235.45	2840.45	0.51 times
30 Thu Nov 2023	2838.10	2809.00	2888.15	2612.20	2.013 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 Schaeffler India (SCHAEFFLER)

Price action analysis of Schaeffler India ( (SCHAEFFLER) ) 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 Schaeffler India ( (SCHAEFFLER) ) 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 Schaeffler India ( (SCHAEFFLER) ) 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 Schaeffler India stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Schaeffler India in short term and the sell signal is strong.

Schaeffler India 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 moving up

CCI has generated a buy signal for Schaeffler India in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling 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 Schaeffler India is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2968.81 and Schaeffler India (SCHAEFFLER) 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 Schaeffler India (SCHAEFFLER) stock. Volume based technical analysis of Schaeffler India (SCHAEFFLER) stock is negative.

Schaeffler India 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.