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(SHANTHALA_SM) Shanthala Fmcg complete technical analysis [charts+indicators] | Buy/Sell Shanthala Fmcg | (SHANTHALA_SM) share price targets

Complete technical analysis of Shanthala Fmcg (SHANTHALA_SM) by charts plus indicators, forecast predictions and share price targets for Shanthala Fmcg (SHANTHALA_SM)

Showing technical analysis as on 2024-05-30 View latest technical analysis

10 day averaged volume of Shanthala Fmcg is 8400

Date	Daily Closing Price	Open	High	Low	Volume
30 Thu May 2024	69.05	74.80	74.80	69.05	1.571 times
29 Wed May 2024	79.80	79.80	79.80	79.80	0.143 times
28 Tue May 2024	79.95	76.55	79.95	76.55	0.429 times
27 Mon May 2024	76.20	73.50	80.00	73.50	2.571 times
24 Fri May 2024	73.50	73.50	73.50	73.50	0.571 times
23 Thu May 2024	71.00	70.00	71.00	70.00	0.286 times
22 Wed May 2024	70.00	70.00	70.00	70.00	0.429 times
21 Tue May 2024	69.50	73.50	73.50	60.00	4.286 times
18 Sat May 2024	72.55	72.35	72.55	72.35	0.571 times
17 Fri May 2024	75.00	74.00	75.00	74.00	0.429 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 71.4, but if it comes above 71.4, then a intra day buy could be more profitable.
If you take a sell trade below 71.4, then use 71.4 as stoploss and 64.5 as target. However if you take a buy trade in stock , then use 71.4 as stoploss and 77.17 as target.

Share price targets for Shanthala Fmcg (SHANTHALA_SM)

Target Type	Value
Downside Target	60.00
Downside Target	69.05
Upside Target	72.30
Upside Target	76.95
Upside Target	80.00
Upside Target	85.75
Upside Target	91.00
Upside Target	91.65
Upside Target	107.75
Upside Target	111.00
Upside Target	117.50

Intraday share price targets for Shanthala Fmcg (SHANTHALA_SM)

Target Type	Value
Downside Intraday Target	65.4
Downside Intraday Target	61.75
Upside Intraday Target	76.35
Upside Intraday Target	83.65
Upside Intraday Target	72.7

Weekly technical analysis of Shanthala Fmcg (SHANTHALA_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Thu May 2024	69.05	73.50	80.00	69.05	0.846 times
24 Fri May 2024	73.50	73.50	73.50	60.00	3.545 times
18 Sat May 2024	72.55	80.85	80.85	72.35	1 times
10 Fri May 2024	74.00	73.05	76.95	73.05	0.212 times
03 Fri May 2024	80.00	85.75	85.75	72.30	17.333 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 Shanthala Fmcg (SHANTHALA_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
30 Thu May 2024	69.05	85.75	85.75	60.00	5.214 times
18 Thu Apr 2024	88.00	82.00	91.65	82.00	0.264 times
28 Thu Mar 2024	84.00	111.00	111.00	82.95	0.408 times
29 Thu Feb 2024	109.65	91.00	117.50	80.05	1.818 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Shanthala Fmcg (SHANTHALA_SM)

Price action analysis of Shanthala Fmcg ( (SHANTHALA_SM) ) 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 Shanthala Fmcg ( (SHANTHALA_SM) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Shanthala Fmcg ( (SHANTHALA_SM) ) 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 Shanthala Fmcg stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Shanthala Fmcg in short term but the buy signal is initial and weak.

Shanthala Fmcg 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 below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Shanthala Fmcg in short term and SELL 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 Shanthala Fmcg is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 72.11 and Shanthala Fmcg (SHANTHALA_SM) 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 Shanthala Fmcg (SHANTHALA_SM) stock. Volume based technical analysis of Shanthala Fmcg (SHANTHALA_SM) stock is negative.

Shanthala Fmcg 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.