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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 2025-04-09 View latest technical analysis

10 day averaged volume of Shah Alloys is 47230

Date	Daily Closing Price	Open	High	Low	Volume
09 Wed Apr 2025	53.79	54.32	54.78	53.33	0.115 times
08 Tue Apr 2025	53.07	54.08	57.59	46.80	0.532 times
07 Mon Apr 2025	54.08	54.95	54.95	50.46	0.539 times
04 Fri Apr 2025	55.48	54.90	57.01	54.01	0.556 times
03 Thu Apr 2025	53.87	50.99	55.44	49.69	0.568 times
02 Wed Apr 2025	50.94	49.22	52.34	48.61	0.946 times
01 Tue Apr 2025	49.17	48.50	50.44	47.10	0.368 times
28 Fri Mar 2025	47.79	45.31	48.88	45.31	1.404 times
27 Thu Mar 2025	45.85	44.80	47.70	44.59	2.03 times
26 Wed Mar 2025	45.48	45.90	47.44	44.20	2.043 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 52.3, but if it comes below 52.3, then a intra day sell could be more profitable.
If you take a sell trade below 52.3, then use 52.3 as stoploss and 48.94 as target. However if you take a buy trade in stock , then use 52.3 as stoploss and 56.3 as target.

Share price targets for Shah Alloys (SHAHALLOYS)

Target Type	Value
Downside Target	43.30
Downside Target	46.10
Downside Target	49.39
Downside Target	50.89
Downside Target	51.98
Upside Target	54.35
Upside Target	57.01
Upside Target	57.59
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	47.86
Downside Intraday Target	41.94
Upside Intraday Target	58.65
Upside Intraday Target	63.52
Downside Intraday Target	52.73

Weekly technical analysis of Shah Alloys (SHAHALLOYS)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Wed Apr 2025	53.79	54.95	57.59	46.80	0.486 times
04 Fri Apr 2025	55.48	48.50	57.01	47.10	0.271 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

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
09 Wed Apr 2025	53.79	48.50	57.59	46.80	0.172 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 SELL. Signal strength is Weak 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 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 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

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 48.83 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.