(SHAHALLOYS) Shah Alloys complete technical analysis [charts+indicators] | Buy/Sell Shah Alloys | (SHAHALLOYS) share price targets
Complete technical analysis of Shah Alloys (SHAHALLOYS) by charts plus indicators, forecast predictions and share price targets for Shah Alloys (SHAHALLOYS)
Shah Alloys trades in NSE in Iron & Steel sector.
10 day averaged volume of Shah Alloys is 42783
Date | Daily Closing Price | Open | High | Low | Volume |
25 Thu Apr 2024 | 63.00 | 60.25 | 65.20 | 60.25 | 0.241 times |
24 Wed Apr 2024 | 62.70 | 67.55 | 67.55 | 61.70 | 0.576 times |
23 Tue Apr 2024 | 64.95 | 65.00 | 67.55 | 64.00 | 0.369 times |
30 Tue Jan 2024 | 77.45 | 74.65 | 78.00 | 73.20 | 0.899 times |
29 Mon Jan 2024 | 75.50 | 79.50 | 82.45 | 74.65 | 1.016 times |
25 Thu Jan 2024 | 78.55 | 75.80 | 78.60 | 75.00 | 0.712 times |
24 Wed Jan 2024 | 74.90 | 74.80 | 78.70 | 74.80 | 1.683 times |
23 Tue Jan 2024 | 78.70 | 85.90 | 85.90 | 78.70 | 0.84 times |
22 Mon Jan 2024 | 82.80 | 87.75 | 88.00 | 82.60 | 1.333 times |
19 Fri Jan 2024 | 86.95 | 88.70 | 89.35 | 85.00 | 1.498 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 59.4, for a target of 69.6 or 78.04
Share price targets for Shah Alloys (SHAHALLOYS)
Target Type | Value |
Downside Target | 48.50 |
Downside Target | 54.50 |
Downside Target | 59.40 |
Downside Target | 61.90 |
Upside Target | 63.50 |
Upside Target | 67.55 |
Upside Target | 72.80 |
Upside Target | 74.80 |
Upside Target | 78.25 |
Upside Target | 82.45 |
Upside Target | 88.00 |
Upside Target | 90.00 |
Upside Target | 94.25 |
Intraday share price targets for Shah Alloys (SHAHALLOYS)
Target Type | Value |
Downside Intraday Target | 59.65 |
Downside Intraday Target | 56.3 |
Upside Intraday Target | 66.95 |
Upside Intraday Target | 70.9 |
Upside Intraday Target | 63.6 |
Weekly technical analysis of Shah Alloys (SHAHALLOYS)
Date | Weekly Closing Price | Open | High | Low | Volume |
25 Thu Apr 2024 | 63.00 | 65.00 | 67.55 | 60.25 | 0.619 times |
30 Tue Jan 2024 | 77.45 | 79.50 | 82.45 | 73.20 | 0.419 times |
25 Thu Jan 2024 | 78.55 | 87.75 | 88.00 | 74.80 | 0.617 times |
19 Fri Jan 2024 | 86.95 | 90.00 | 90.00 | 78.25 | 0.273 times |
12 Fri Jan 2024 | 86.65 | 65.70 | 94.25 | 63.85 | 8.188 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Shah Alloys (SHAHALLOYS)
Date | Monthly Closing Price | Open | High | Low | Volume |
25 Thu Apr 2024 | 63.00 | 65.00 | 67.55 | 60.25 | 0.027 times |
30 Tue Jan 2024 | 77.45 | 61.80 | 94.25 | 59.40 | 5.911 times |
29 Fri Dec 2023 | 63.80 | 72.00 | 72.80 | 61.90 | 0.398 times |
22 Fri Sep 2023 | 56.05 | 56.30 | 68.65 | 54.50 | 0.763 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 Shah Alloys (SHAHALLOYS)
Price action analysis of Shah Alloys ( (SHAHALLOYS) ) 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 Shah Alloys ( (SHAHALLOYS) ) 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 Shah Alloys ( (SHAHALLOYS) ) 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 Shah Alloys ( (SHAHALLOYS) ) based on a mid to longer 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.
ADX buy sell signal for Shah Alloys stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Shah Alloys in short term but the sell signal is initial and weak.
Shah Alloys 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 green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Shah Alloys in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 Shah Alloys is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 77.49 and Shah Alloys (SHAHALLOYS) 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 Shah Alloys (SHAHALLOYS) stock. Volume based technical analysis of Shah Alloys (SHAHALLOYS) stock is negative.
Shah Alloys 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.
Price action analysis of Shah Alloys ( (SHAHALLOYS) ) 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 Shah Alloys ( (SHAHALLOYS) ) 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 Shah Alloys ( (SHAHALLOYS) ) 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 Shah Alloys ( (SHAHALLOYS) ) based on a mid to longer 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.
ADX buy sell signal for Shah Alloys stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Shah Alloys in short term but the sell signal is initial and weak.
Shah Alloys 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 green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Shah Alloys in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 Shah Alloys is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 77.49 and Shah Alloys (SHAHALLOYS) 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 Shah Alloys (SHAHALLOYS) stock. Volume based technical analysis of Shah Alloys (SHAHALLOYS) stock is negative.
Shah Alloys 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.
Click here for Shah Alloys charts
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Daily charts
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