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(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 2025-02-19 View latest technical analysis

10 day averaged volume of Shah Alloys is 46295

Date	Daily Closing Price	Open	High	Low	Volume
19 Wed Feb 2025	50.40	45.10	50.40	44.24	0.287 times
18 Tue Feb 2025	45.82	50.87	50.87	45.01	0.763 times
17 Mon Feb 2025	50.27	59.84	59.84	48.51	1.1 times
14 Fri Feb 2025	56.58	61.80	63.99	56.00	0.631 times
13 Thu Feb 2025	62.79	61.81	70.89	61.81	1.104 times
12 Wed Feb 2025	65.46	67.30	67.30	58.05	0.413 times
11 Tue Feb 2025	65.16	66.50	68.80	64.10	0.16 times
10 Mon Feb 2025	69.19	71.62	71.62	67.80	0.598 times
07 Fri Feb 2025	72.05	62.59	75.19	62.59	4.86 times
06 Thu Feb 2025	63.44	65.60	65.60	63.00	0.147 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 54.7, but if it comes above 54.7, then a intra day buy could be more profitable.
If you take a sell trade below 54.7, then use 54.7 as stoploss and 34.5 as target. However if you take a buy trade in stock , then use 54.7 as stoploss and 71.42 as target.

Share price targets for Shah Alloys (SHAHALLOYS)

Target Type	Value
Downside Target	44.24
Upside Target	51.95
Upside Target	54.35
Upside Target	56.00
Upside Target	57.49
Upside Target	59.84
Upside Target	61.77
Upside Target	64.50
Upside Target	71.62
Upside Target	74.00
Upside Target	77.15
Upside Target	80.53
Upside Target	84.20
Upside Target	87.80
Upside Target	112.99

Intraday share price targets for Shah Alloys (SHAHALLOYS)

Target Type	Value
Downside Intraday Target	43.15
Downside Intraday Target	35.89
Upside Intraday Target	58.75
Upside Intraday Target	67.09
Upside Intraday Target	51.49

Weekly technical analysis of Shah Alloys (SHAHALLOYS)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Wed Feb 2025	50.40	59.84	59.84	44.24	0.74 times
14 Fri Feb 2025	56.58	71.62	71.62	56.00	0.48 times
07 Fri Feb 2025	72.05	69.06	75.19	61.77	0.057 times
26 Thu Sep 2024	107.77	81.00	112.99	80.53	23.901 times
20 Fri Sep 2024	82.08	84.20	84.20	77.15	0.218 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
19 Wed Feb 2025	50.40	69.06	75.19	44.24	0.082 times
26 Thu Sep 2024	107.77	82.86	112.99	72.41	1.697 times
30 Fri Aug 2024	78.57	59.00	87.80	54.35	6.956 times
31 Wed Jul 2024	58.15	63.33	64.50	57.49	0.633 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 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 and the sell signal is strong.

Shah Alloys 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 Shah Alloys 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 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 64.4 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.