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(SHANKARA) Shankara Bldg complete technical analysis [charts+indicators] | Buy/Sell Shankara Bldg | (SHANKARA) share price targets

Complete technical analysis of Shankara Bldg (SHANKARA) by charts plus indicators, forecast predictions and share price targets for Shankara Bldg (SHANKARA)

Showing technical analysis as on 2024-04-04 View latest technical analysis

10 day averaged volume of Shankara Bldg is 121447

Date	Daily Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	732.70	719.25	742.00	718.00	0.816 times
03 Wed Apr 2024	725.05	696.40	728.05	695.10	1.369 times
02 Tue Apr 2024	696.40	653.00	705.00	653.00	1.24 times
01 Mon Apr 2024	657.15	644.95	661.90	642.35	0.908 times
28 Thu Mar 2024	641.15	636.00	663.50	632.05	1.832 times
27 Wed Mar 2024	635.10	645.30	648.95	630.45	0.926 times
26 Tue Mar 2024	645.30	641.55	655.85	640.50	1.373 times
22 Fri Mar 2024	641.55	634.95	649.40	634.90	0.829 times
21 Thu Mar 2024	633.55	646.40	648.00	631.60	0.707 times
20 Wed Mar 2024	637.40	648.90	648.90	632.35	0.449 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 741.5, for a target of 701.1 or 667.39

Share price targets for Shankara Bldg (SHANKARA)

Target Type	Value
Downside Target	626.00
Downside Target	658.20
Downside Target	680.65
Downside Target	712.55
Downside Target	720.00
Upside Target	742.00
Upside Target	759.95
Upside Target	779.40
Upside Target	792.00
Upside Target	834.75

Intraday share price targets for Shankara Bldg (SHANKARA)

Target Type	Value
Downside Intraday Target	669.37
Downside Intraday Target	606.03
Upside Intraday Target	769.02
Upside Intraday Target	805.33
Downside Intraday Target	705.68

Weekly technical analysis of Shankara Bldg (SHANKARA)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	732.70	644.95	742.00	642.35	1.049 times
28 Thu Mar 2024	641.15	641.55	663.50	630.45	1.415 times
22 Fri Mar 2024	641.55	640.00	658.20	631.60	0.449 times
15 Fri Mar 2024	646.35	706.15	712.55	626.00	2.04 times
07 Thu Mar 2024	711.40	739.70	759.95	690.00	0.889 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 Shankara Bldg (SHANKARA)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	732.70	644.95	742.00	642.35	0.247 times
28 Thu Mar 2024	641.15	728.00	759.95	626.00	0.56 times
29 Thu Feb 2024	724.05	765.05	834.75	720.00	1.24 times
31 Wed Jan 2024	767.70	716.00	779.40	696.80	1.066 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 Shankara Bldg (SHANKARA)

Price action analysis of Shankara Bldg ( (SHANKARA) ) 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 Shankara Bldg ( (SHANKARA) ) 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 Shankara Bldg ( (SHANKARA) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Shankara Bldg stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Shankara Bldg 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.

Shankara Bldg Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 Shankara Bldg 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 positive zone. This is a BUY zone

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

Stock of Shankara Bldg is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 666.6 and Shankara Bldg (SHANKARA) 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 Shankara Bldg (SHANKARA) stock. Volume based technical analysis of Shankara Bldg (SHANKARA) stock is negative.

Shankara Bldg 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.