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(SHOPERSTOP) Shoppers Stop complete technical analysis [charts+indicators] | Buy/Sell Shoppers Stop | (SHOPERSTOP) share price targets

Complete technical analysis of Shoppers Stop (SHOPERSTOP) by charts plus indicators, forecast predictions and share price targets for Shoppers Stop (SHOPERSTOP)

Shoppers Stop trades in NSE in Department Stores sector.

10 day averaged volume of Shoppers Stop is 82995

Date	Daily Closing Price	Open	High	Low	Volume
19 Fri Apr 2024	711.15	694.50	715.15	686.90	0.663 times
18 Thu Apr 2024	700.85	709.00	712.20	697.00	0.504 times
16 Tue Apr 2024	708.60	711.00	722.90	705.00	0.368 times
15 Mon Apr 2024	716.00	723.00	733.60	710.00	0.366 times
12 Fri Apr 2024	729.65	747.80	747.80	721.00	0.85 times
10 Wed Apr 2024	743.85	755.60	755.60	738.40	4.628 times
09 Tue Apr 2024	751.60	765.00	765.00	744.70	0.32 times
08 Mon Apr 2024	761.10	767.20	775.00	757.60	0.536 times
05 Fri Apr 2024	759.00	759.00	773.05	748.90	1.035 times
04 Thu Apr 2024	759.35	771.55	782.95	754.10	0.636 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 727.4, but if it comes above 727.4, then a intra day buy could be more profitable.
If you take a sell trade below 727.4, then use 727.4 as stoploss and 697.7 as target. However if you take a buy trade in stock , then use 727.4 as stoploss and 752.22 as target.

Share price targets for Shoppers Stop (SHOPERSTOP)

Target Type	Value
Downside Target	656.70
Downside Target	686.90
Downside Target	702.75
Upside Target	720.95
Upside Target	767.00
Upside Target	775.00
Upside Target	791.35
Upside Target	803.00
Upside Target	807.00

Intraday share price targets for Shoppers Stop (SHOPERSTOP)

Target Type	Value
Downside Intraday Target	687.5
Downside Intraday Target	663.85
Upside Intraday Target	734.2
Upside Intraday Target	757.25
Downside Intraday Target	710.55

Weekly technical analysis of Shoppers Stop (SHOPERSTOP)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Fri Apr 2024	711.15	723.00	733.60	686.90	0.3 times
12 Fri Apr 2024	729.65	767.20	775.00	721.00	1.71 times
05 Fri Apr 2024	759.00	755.00	807.00	747.05	0.663 times
28 Thu Mar 2024	755.00	749.00	807.00	733.05	0.917 times
22 Fri Mar 2024	754.55	728.35	791.35	720.95	0.716 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 Shoppers Stop (SHOPERSTOP)

Date	Monthly Closing Price	Open	High	Low	Volume
19 Fri Apr 2024	711.15	755.00	807.00	686.90	0.499 times
28 Thu Mar 2024	755.00	737.10	807.00	702.75	1.025 times
29 Thu Feb 2024	741.60	757.10	803.00	705.00	0.373 times
31 Wed Jan 2024	754.10	691.00	767.00	667.40	2.597 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 Shoppers Stop (SHOPERSTOP)

Price action analysis of Shoppers Stop ( (SHOPERSTOP) ) 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 Shoppers Stop ( (SHOPERSTOP) ) 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 Shoppers Stop ( (SHOPERSTOP) ) 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 Shoppers Stop stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Shoppers Stop in short term and the sell signal is strong.

Shoppers Stop 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 Shoppers Stop 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

Stock of Shoppers Stop is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 739.68 and Shoppers Stop (SHOPERSTOP) 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 Shoppers Stop (SHOPERSTOP) stock. Volume based technical analysis of Shoppers Stop (SHOPERSTOP) stock is negative.

Shoppers Stop 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.