(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.
Showing technical analysis as on 2023-12-27 View latest technical analysis
10 day averaged volume of Shah Alloys is 72396
Date | Daily Closing Price | Open | High | Low | Volume |
27 Wed Dec 2023 | 65.00 | 69.45 | 69.45 | 64.00 | 1.219 times |
26 Tue Dec 2023 | 69.60 | 72.00 | 72.80 | 67.05 | 1.905 times |
22 Fri Sep 2023 | 56.05 | 57.35 | 59.10 | 55.20 | 0.272 times |
21 Thu Sep 2023 | 57.15 | 56.60 | 60.00 | 56.60 | 0.175 times |
20 Wed Sep 2023 | 58.60 | 61.65 | 61.95 | 58.00 | 0.183 times |
18 Mon Sep 2023 | 59.25 | 61.70 | 61.70 | 58.35 | 0.192 times |
15 Fri Sep 2023 | 60.70 | 63.35 | 64.75 | 60.10 | 0.661 times |
14 Thu Sep 2023 | 62.05 | 61.65 | 62.55 | 60.40 | 1.006 times |
13 Wed Sep 2023 | 60.80 | 59.80 | 64.00 | 57.60 | 0.672 times |
12 Tue Sep 2023 | 59.80 | 65.35 | 68.65 | 58.80 | 2.272 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 62.9, but if it comes below 62.9, then a intra day sell could be more profitable.
If you take a sell trade below 62.9, then use 62.9 as stoploss and 59.24 as target. However if you take a buy trade in stock , then use 62.9 as stoploss and 67.3 as target.
Share price targets for Shah Alloys (SHAHALLOYS)
Target Type | Value |
Downside Target | 38.85 |
Downside Target | 43.05 |
Downside Target | 46.00 |
Downside Target | 48.50 |
Downside Target | 50.70 |
Downside Target | 52.90 |
Downside Target | 54.50 |
Downside Target | 57.60 |
Downside Target | 58.90 |
Downside Target | 61.85 |
Downside Target | 63.50 |
Upside Target | 68.65 |
Upside Target | 72.80 |
Intraday share price targets for Shah Alloys (SHAHALLOYS)
Target Type | Value |
Downside Intraday Target | 61.73 |
Downside Intraday Target | 58.47 |
Upside Intraday Target | 70.53 |
Upside Intraday Target | 76.07 |
Upside Intraday Target | 67.27 |
Weekly technical analysis of Shah Alloys (SHAHALLOYS)
Date | Weekly Closing Price | Open | High | Low | Volume |
27 Wed Dec 2023 | 65.00 | 72.00 | 72.80 | 64.00 | 3.796 times |
22 Fri Sep 2023 | 56.05 | 61.70 | 61.95 | 55.20 | 0.113 times |
15 Fri Sep 2023 | 60.70 | 60.95 | 68.65 | 57.60 | 2.767 times |
08 Fri Sep 2023 | 58.85 | 56.50 | 61.85 | 54.80 | 1.632 times |
01 Fri Sep 2023 | 56.15 | 57.15 | 58.90 | 52.90 | 0.483 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Shah Alloys (SHAHALLOYS)
Date | Monthly Closing Price | Open | High | Low | Volume |
27 Wed Dec 2023 | 65.00 | 72.00 | 72.80 | 64.00 | 0.28 times |
22 Fri Sep 2023 | 56.05 | 56.30 | 68.65 | 54.50 | 0.763 times |
31 Thu Aug 2023 | 54.50 | 50.25 | 63.50 | 48.50 | 1.727 times |
31 Mon Jul 2023 | 49.00 | 45.75 | 50.70 | 43.05 | 0.486 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 Shah Alloys (SHAHALLOYS)
Price action analysis of Shah Alloys ( (SHAHALLOYS) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 neutral. A longer time frame might give a better analysis.
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 BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Shah Alloys in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Shah Alloys 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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Shah Alloys in short term but SELL signal is weak.
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 Shah Alloys is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 62.92 and Shah Alloys (SHAHALLOYS) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 is giving positive 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 neutral. A longer time frame might give a better analysis.
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 BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Shah Alloys in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Shah Alloys 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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Shah Alloys in short term but SELL signal is weak.
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 Shah Alloys is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 62.92 and Shah Alloys (SHAHALLOYS) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 is giving positive 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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