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

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

Showing technical analysis as on 2024-04-05 View latest technical analysis

10 day averaged volume of Shanti Overseas is 21510

Date	Daily Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	17.15	17.00	17.30	17.00	0.892 times
04 Thu Apr 2024	16.90	17.00	17.40	16.00	0.961 times
03 Wed Apr 2024	16.60	15.95	16.70	15.95	1.017 times
02 Tue Apr 2024	15.95	15.85	16.00	15.85	0.55 times
01 Mon Apr 2024	15.40	14.70	15.40	14.70	0.961 times
28 Thu Mar 2024	14.70	15.00	15.40	14.55	0.634 times
27 Wed Mar 2024	15.00	15.70	15.80	14.95	2.09 times
26 Tue Mar 2024	15.70	15.90	15.90	15.30	0.912 times
22 Fri Mar 2024	15.90	15.80	16.40	15.10	0.721 times
21 Thu Mar 2024	15.70	16.50	16.50	15.10	1.32 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 16.6, but if it comes below 16.6, then a intra day sell could be more profitable.
If you take a sell trade below 16.6, then use 16.6 as stoploss and 15.86 as target. However if you take a buy trade in stock , then use 16.6 as stoploss and 17.5 as target.

Share price targets for Shanti Overseas (SHANTI_BE)

Target Type	Value
Downside Target	14.40
Downside Target	15.45
Downside Target	15.90
Downside Target	16.50
Upside Target	17.40
Upside Target	18.85
Upside Target	19.95
Upside Target	21.00
Upside Target	21.35
Upside Target	21.50
Upside Target	24.45
Upside Target	26.50
Upside Target	33.40

Intraday share price targets for Shanti Overseas (SHANTI_BE)

Target Type	Value
Downside Intraday Target	15.43
Downside Intraday Target	13.72
Upside Intraday Target	18.13
Upside Intraday Target	19.12
Downside Intraday Target	16.42

Weekly technical analysis of Shanti Overseas (SHANTI_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	17.15	14.70	17.40	14.70	1.204 times
28 Thu Mar 2024	14.70	15.90	15.90	14.55	0.793 times
22 Fri Mar 2024	15.90	14.40	16.50	14.40	0.404 times
15 Fri Mar 2024	15.10	17.05	17.70	14.60	0.929 times
07 Thu Mar 2024	17.05	18.00	18.85	15.45	1.301 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 Shanti Overseas (SHANTI_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	17.15	14.70	17.40	14.70	0.127 times
28 Thu Mar 2024	14.70	19.95	19.95	14.40	1.512 times
29 Thu Feb 2024	21.00	31.95	33.40	21.00	5.409 times
12 Mon Sep 2022	22.05	23.90	24.45	21.50	0.23 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 Shanti Overseas (SHANTI_BE)

Price action analysis of Shanti Overseas ( (SHANTI_BE) ) 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 Shanti Overseas ( (SHANTI_BE) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Shanti Overseas ( (SHANTI_BE) ) 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 Shanti Overseas stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Shanti Overseas 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.

Shanti Overseas 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 Shanti Overseas 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

Stock of Shanti Overseas is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 15.82 and Shanti Overseas (SHANTI_BE) 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 Shanti Overseas (SHANTI_BE) stock. Volume based technical analysis of Shanti Overseas (SHANTI_BE) stock is negative.

Shanti Overseas 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.