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(SHAILY) Shaily Eng complete technical analysis [charts+indicators] | Buy/Sell Shaily Eng | (SHAILY) share price targets

Complete technical analysis of Shaily Eng (SHAILY) by charts plus indicators, forecast predictions and share price targets for Shaily Eng (SHAILY)

Showing technical analysis as on 2024-03-02 View latest technical analysis

10 day averaged volume of Shaily Eng is 150377

Date	Daily Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	554.30	549.00	565.00	546.00	0.075 times
01 Fri Mar 2024	543.75	549.95	559.70	540.10	0.576 times
29 Thu Feb 2024	540.00	527.15	542.95	527.15	0.471 times
28 Wed Feb 2024	534.60	538.40	549.70	519.95	0.965 times
27 Tue Feb 2024	539.90	520.00	544.70	520.00	0.978 times
26 Mon Feb 2024	523.70	529.00	538.85	515.60	0.475 times
23 Fri Feb 2024	531.30	507.00	539.70	505.05	0.847 times
22 Thu Feb 2024	505.05	510.55	523.65	502.50	1.113 times
21 Wed Feb 2024	506.95	527.60	534.70	501.00	0.442 times
20 Tue Feb 2024	527.95	545.00	545.00	522.30	0.605 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 540.6, but if it comes below 540.6, then a intra day sell could be more profitable.
If you take a sell trade below 540.6, then use 540.6 as stoploss and 485.44 as target. However if you take a buy trade in stock , then use 540.6 as stoploss and 606.8 as target.

Share price targets for Shaily Eng (SHAILY)

Target Type	Value
Downside Target	309.70
Downside Target	323.25
Downside Target	349.70
Downside Target	371.15
Downside Target	396.15
Downside Target	409.00
Downside Target	432.50
Downside Target	499.00
Downside Target	515.60
Downside Target	540.10
Downside Target	545.00
Downside Target	549.70
Upside Target	565.00
Upside Target	1897.00

Intraday share price targets for Shaily Eng (SHAILY)

Target Type	Value
Downside Intraday Target	524.93
Downside Intraday Target	495.57
Upside Intraday Target	574.33
Upside Intraday Target	594.37
Downside Intraday Target	544.97

Weekly technical analysis of Shaily Eng (SHAILY)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	554.30	529.00	565.00	515.60	0.541 times
23 Fri Feb 2024	531.30	500.05	545.00	499.00	0.648 times
16 Fri Feb 2024	487.65	405.00	516.75	371.15	2.193 times
09 Fri Feb 2024	402.30	396.15	432.50	396.15	0.46 times
02 Fri Feb 2024	399.75	323.25	413.60	323.25	4.427 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 Shaily Eng (SHAILY)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	554.30	549.95	565.00	540.10	0.024 times
29 Thu Feb 2024	540.00	396.00	549.70	371.15	1.624 times
31 Wed Jan 2024	395.65	333.00	409.00	312.50	3.535 times
29 Fri Dec 2023	336.15	313.00	349.70	309.70	0.896 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 Shaily Eng (SHAILY)

Price action analysis of Shaily Eng ( (SHAILY) ) 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 Shaily Eng ( (SHAILY) ) 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 Shaily Eng ( (SHAILY) ) 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 Shaily Eng stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Shaily Eng 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.

Shaily Eng 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 moving up

CCI has generated a buy signal for Shaily Eng in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Shaily Eng is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 528.09 and Shaily Eng (SHAILY) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Shaily Eng (SHAILY) stock. Volume based technical analysis of Shaily Eng (SHAILY) stock is negative.

Shaily Eng 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.