(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 2024-01-12 View latest technical analysis
10 day averaged volume of Shah Alloys is 102224
Date | Daily Closing Price | Open | High | Low | Volume |
12 Fri Jan 2024 | 86.65 | 90.55 | 94.25 | 86.15 | 3.164 times |
11 Thu Jan 2024 | 90.65 | 90.00 | 90.65 | 89.00 | 1.201 times |
10 Wed Jan 2024 | 86.35 | 85.40 | 86.35 | 78.50 | 3.58 times |
09 Tue Jan 2024 | 78.50 | 73.00 | 78.50 | 72.95 | 2.315 times |
08 Mon Jan 2024 | 71.40 | 65.70 | 71.50 | 63.85 | 1.078 times |
05 Fri Jan 2024 | 65.00 | 64.10 | 65.75 | 62.55 | 0.406 times |
04 Thu Jan 2024 | 63.65 | 65.00 | 66.20 | 63.50 | 0.254 times |
03 Wed Jan 2024 | 64.10 | 64.80 | 65.00 | 63.00 | 0.091 times |
02 Tue Jan 2024 | 63.05 | 65.10 | 66.05 | 62.90 | 0.215 times |
01 Mon Jan 2024 | 65.10 | 61.80 | 67.00 | 59.40 | 0.419 times |
Stock of Shah Alloys (SHAHALLOYS) has showed a significant fall. This could be a good time to exit from 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 89.3, for a target of 77.4 or 67.54
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 |
Downside Target | 72.80 |
Upside Target | 94.25 |
Intraday share price targets for Shah Alloys (SHAHALLOYS)
Target Type | Value |
Downside Intraday Target | 68.92 |
Downside Intraday Target | 51.18 |
Upside Intraday Target | 99.32 |
Upside Intraday Target | 111.98 |
Downside Intraday Target | 81.58 |
Weekly technical analysis of Shah Alloys (SHAHALLOYS)
Date | Weekly Closing Price | Open | High | Low | Volume |
12 Fri Jan 2024 | 86.65 | 65.70 | 94.25 | 63.85 | 8.188 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, 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 |
12 Fri Jan 2024 | 86.65 | 61.80 | 94.25 | 59.40 | 4.057 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, and volume has increased substantially. This means that the move can 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 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 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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 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 81.75 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 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 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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 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 81.75 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
Click here for further forecast and predictions for tomorrow
Daily charts
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