Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2025-04-02 View latest technical analysis

10 day averaged volume of Shah Alloys is 63153

Date	Daily Closing Price	Open	High	Low	Volume
02 Wed Apr 2025	50.94	49.22	52.34	48.61	0.708 times
01 Tue Apr 2025	49.17	48.50	50.44	47.10	0.275 times
28 Fri Mar 2025	47.79	45.31	48.88	45.31	1.05 times
27 Thu Mar 2025	45.85	44.80	47.70	44.59	1.518 times
26 Wed Mar 2025	45.48	45.90	47.44	44.20	1.528 times
25 Tue Mar 2025	46.04	46.75	48.58	46.00	0.759 times
24 Mon Mar 2025	47.31	48.81	51.98	46.95	1.858 times
21 Fri Mar 2025	48.81	49.98	49.99	47.92	0.423 times
20 Thu Mar 2025	47.56	49.70	50.89	46.11	1.206 times
19 Wed Mar 2025	47.20	44.54	48.50	44.54	0.848 times

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 50.9, for a target of 48.7 or 46.91

Share price targets for Shah Alloys (SHAHALLOYS)

Target Type	Value
Downside Target	43.30
Downside Target	46.10
Downside Target	47.10
Downside Target	49.39
Upside Target	51.98
Upside Target	52.34
Upside Target	54.35
Upside Target	72.41
Upside Target	75.19
Upside Target	87.80
Upside Target	112.99

Intraday share price targets for Shah Alloys (SHAHALLOYS)

Target Type	Value
Downside Intraday Target	47.91
Downside Intraday Target	44.89
Upside Intraday Target	53.15
Upside Intraday Target	55.37
Downside Intraday Target	50.13

Weekly technical analysis of Shah Alloys (SHAHALLOYS)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Wed Apr 2025	50.94	48.50	52.34	47.10	0.146 times
28 Fri Mar 2025	47.79	48.81	51.98	44.20	1.627 times
21 Fri Mar 2025	48.81	48.00	50.89	43.60	3.559 times
13 Thu Mar 2025	48.24	47.00	49.39	46.10	0.308 times
07 Fri Mar 2025	47.13	47.00	50.00	43.30	4.572 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
02 Wed Apr 2025	50.94	48.50	52.34	47.10	0.062 times
28 Fri Mar 2025	47.79	47.00	51.98	43.30	1.527 times
28 Fri Feb 2025	48.22	69.06	75.19	44.24	0.104 times
26 Thu Sep 2024	107.77	82.86	112.99	72.41	1.697 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 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 to mid 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 mid to longer 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.

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 but the buy signal is initial and weak.

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 red color and prices are in or above the red 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 SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL 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 47.16 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 negative.

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