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(SHANTI) Shanti Overseas complete technical analysis [charts+indicators] | Buy/Sell Shanti Overseas | (SHANTI) share price targets

Complete technical analysis of Shanti Overseas (SHANTI) by charts plus indicators, forecast predictions and share price targets for Shanti Overseas (SHANTI)

10 day averaged volume of Shanti Overseas is 72730

Date	Daily Closing Price	Open	High	Low	Volume
07 Thu Dec 2023	18.35	18.20	18.35	17.80	0.349 times
06 Wed Dec 2023	17.95	18.65	18.65	17.85	0.623 times
05 Tue Dec 2023	18.30	18.30	18.65	18.10	0.275 times
04 Mon Dec 2023	18.40	18.45	18.90	18.30	0.866 times
01 Fri Dec 2023	18.40	18.85	19.15	18.30	0.687 times
30 Thu Nov 2023	18.75	19.70	19.70	18.20	0.807 times
29 Wed Nov 2023	19.35	19.50	19.90	18.80	1.967 times
28 Tue Nov 2023	19.15	18.25	19.90	18.25	0.437 times
24 Fri Nov 2023	18.90	19.55	19.90	18.85	0.447 times
23 Thu Nov 2023	19.55	19.40	20.10	19.40	0.374 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 18.4, but if it comes above 18.4, then a intra day buy could be more profitable.
If you take a sell trade below 18.4, then use 18.4 as stoploss and 17.9 as target. However if you take a buy trade in stock , then use 18.4 as stoploss and 18.79 as target.

Share price targets for Shanti Overseas (SHANTI)

Target Type	Value
Downside Target	14.65
Downside Target	16.20
Downside Target	17.20
Downside Target	17.80
Downside Target	18.20
Upside Target	19.15
Upside Target	19.90
Upside Target	20.35
Upside Target	21.65
Upside Target	23.50

Intraday share price targets for Shanti Overseas (SHANTI)

Target Type	Value
Downside Intraday Target	17.8
Downside Intraday Target	17.25
Upside Intraday Target	18.9
Upside Intraday Target	19.45
Downside Intraday Target	18.35

Weekly technical analysis of Shanti Overseas (SHANTI)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Thu Dec 2023	18.35	18.45	18.90	17.80	0.542 times
01 Fri Dec 2023	18.40	18.25	19.90	18.20	0.84 times
24 Fri Nov 2023	18.90	18.70	21.65	18.30	3.945 times
17 Fri Nov 2023	18.85	19.90	19.90	18.60	0.714 times
10 Fri Nov 2023	18.70	19.70	20.35	18.45	0.352 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 Shanti Overseas (SHANTI)

Date	Monthly Closing Price	Open	High	Low	Volume
07 Thu Dec 2023	18.35	18.85	19.15	17.80	0.187 times
30 Thu Nov 2023	18.75	17.90	21.65	17.80	0.367 times
31 Tue Oct 2023	17.85	16.90	23.50	16.20	2.444 times
29 Fri Sep 2023	17.60	16.00	19.15	14.65	3.621 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 Shanti Overseas (SHANTI)

Price action analysis of Shanti Overseas ( (SHANTI) ) based on a short 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 Shanti Overseas ( (SHANTI) ) 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 Shanti Overseas ( (SHANTI) ) 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 Shanti Overseas stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Shanti Overseas in short term but the sell signal is initial and weak.

Shanti Overseas 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 Shanti Overseas in short term but BUY signal is weak.

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 Shanti Overseas is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 18.81 and Shanti Overseas (SHANTI) 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 Shanti Overseas (SHANTI) stock. Volume based technical analysis of Shanti Overseas (SHANTI) stock is negative.

Shanti Overseas Stock has given negative 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.