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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 2024-09-24 View latest technical analysis

10 day averaged volume of Shanthala Fmcg is 12720

Date	Daily Closing Price	Open	High	Low	Volume
24 Tue Sep 2024	58.00	64.00	64.00	56.65	0.66 times
23 Mon Sep 2024	56.50	57.00	57.00	56.50	0.283 times
20 Fri Sep 2024	58.40	59.00	60.00	58.40	0.377 times
19 Thu Sep 2024	57.35	57.20	60.00	55.45	1.132 times
18 Wed Sep 2024	57.20	59.25	61.00	56.45	3.208 times
17 Tue Sep 2024	61.25	60.10	62.40	59.30	0.377 times
16 Mon Sep 2024	60.10	58.20	62.00	58.20	1.226 times
13 Fri Sep 2024	60.20	60.20	60.20	59.95	0.943 times
12 Thu Sep 2024	62.05	63.90	64.00	60.00	1.321 times
11 Wed Sep 2024	63.90	58.20	63.90	58.20	0.755 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 58.4, but if it comes above 58.4, then a intra day buy could be more profitable.
If you take a sell trade below 58.4, then use 58.4 as stoploss and 55.4 as target. However if you take a buy trade in stock , then use 58.4 as stoploss and 60.84 as target.

Share price targets for Shanthala Fmcg (SHANTHALA_SM)

Target Type	Value
Downside Target	53.00
Downside Target	55.45
Downside Target	58.00
Upside Target	60.00
Upside Target	62.40
Upside Target	64.00
Upside Target	64.50
Upside Target	64.75
Upside Target	67.00
Upside Target	74.60
Upside Target	79.90
Upside Target	85.75

Intraday share price targets for Shanthala Fmcg (SHANTHALA_SM)

Target Type	Value
Downside Intraday Target	55
Downside Intraday Target	52
Upside Intraday Target	62.5
Upside Intraday Target	67
Upside Intraday Target	59.5

Weekly technical analysis of Shanthala Fmcg (SHANTHALA_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Tue Sep 2024	58.00	57.00	64.00	56.50	0.149 times
20 Fri Sep 2024	58.40	58.20	62.40	55.45	1.811 times
13 Fri Sep 2024	60.20	60.15	64.00	58.20	2.846 times
06 Fri Sep 2024	60.50	60.15	64.75	60.15	1.182 times
30 Fri Aug 2024	60.15	64.00	64.50	60.00	0.478 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
24 Tue Sep 2024	58.00	60.15	64.75	55.45	1.396 times
30 Fri Aug 2024	60.15	64.70	67.00	53.00	1.167 times
30 Tue Jul 2024	70.90	76.00	79.90	64.35	0.729 times
28 Fri Jun 2024	71.50	67.40	74.60	58.00	0.728 times

Scroll below to view daily charts

Price has moved down 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 Shanthala Fmcg (SHANTHALA_SM)

Price action analysis of Shanthala Fmcg ( (SHANTHALA_SM) ) 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 Shanthala Fmcg ( (SHANTHALA_SM) ) based on a short to mid 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.

Price action analysis of Shanthala Fmcg ( (SHANTHALA_SM) ) 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 Shanthala Fmcg stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Shanthala Fmcg in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Shanthala Fmcg Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Shanthala Fmcg in short term but BUY signal is weak.

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 Shanthala Fmcg is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 59.18 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.