(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 2024-01-08 View latest technical analysis
10 day averaged volume of Shah Alloys is 48188
Date | Daily Closing Price | Open | High | Low | Volume |
08 Mon Jan 2024 | 71.40 | 65.70 | 71.50 | 63.85 | 2.287 times |
05 Fri Jan 2024 | 65.00 | 64.10 | 65.75 | 62.55 | 0.862 times |
04 Thu Jan 2024 | 63.65 | 65.00 | 66.20 | 63.50 | 0.539 times |
03 Wed Jan 2024 | 64.10 | 64.80 | 65.00 | 63.00 | 0.192 times |
02 Tue Jan 2024 | 63.05 | 65.10 | 66.05 | 62.90 | 0.456 times |
01 Mon Jan 2024 | 65.10 | 61.80 | 67.00 | 59.40 | 0.888 times |
29 Fri Dec 2023 | 63.80 | 64.25 | 64.95 | 61.90 | 0.936 times |
28 Thu Dec 2023 | 64.10 | 65.00 | 66.55 | 63.00 | 1.024 times |
27 Wed Dec 2023 | 65.00 | 69.45 | 69.45 | 64.00 | 1.831 times |
26 Tue Dec 2023 | 69.60 | 72.00 | 72.80 | 67.05 | 2.862 times |
Stock of Shah Alloys (SHAHALLOYS) has showed a significant upmove. This could be a good time to enter in this stock!
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 70.9, for a target of 66.4 or 62.64
Share price targets for Shah Alloys (SHAHALLOYS)
Target Type | Value |
Downside Target | 43.05 |
Downside Target | 48.50 |
Downside Target | 50.70 |
Downside Target | 54.50 |
Downside Target | 57.60 |
Downside Target | 59.40 |
Downside Target | 61.90 |
Downside Target | 63.50 |
Downside Target | 67.00 |
Downside Target | 68.65 |
Upside Target | 71.50 |
Upside Target | 72.80 |
Intraday share price targets for Shah Alloys (SHAHALLOYS)
Target Type | Value |
Downside Intraday Target | 66.33 |
Downside Intraday Target | 61.27 |
Upside Intraday Target | 73.98 |
Upside Intraday Target | 76.57 |
Downside Intraday Target | 68.92 |
Weekly technical analysis of Shah Alloys (SHAHALLOYS)
Date | Weekly Closing Price | Open | High | Low | Volume |
08 Mon Jan 2024 | 71.40 | 65.70 | 71.50 | 63.85 | 0.778 times |
05 Fri Jan 2024 | 65.00 | 61.80 | 67.00 | 59.40 | 0.442 times |
29 Fri Dec 2023 | 63.80 | 72.00 | 72.80 | 61.90 | 5.381 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 |
Price has moved up 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 |
08 Mon Jan 2024 | 71.40 | 61.80 | 71.50 | 59.40 | 0.785 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 |
31 Thu Aug 2023 | 54.50 | 50.25 | 63.50 | 48.50 | 1.727 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Shah Alloys ( (SHAHALLOYS) ) 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 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 gaining 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. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Shah Alloys in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 67.03 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 rising upwards.
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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Shah Alloys ( (SHAHALLOYS) ) 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 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 gaining 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. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Shah Alloys in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 67.03 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 rising upwards.
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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