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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.

Showing technical analysis as on 2024-03-26 View latest technical analysis

10 day averaged volume of Shoppers Stop is 121211

Date	Daily Closing Price	Open	High	Low	Volume
26 Tue Mar 2024	767.75	749.00	776.00	743.00	0.375 times
22 Fri Mar 2024	754.55	773.90	774.20	745.25	0.295 times
21 Thu Mar 2024	771.20	779.00	785.30	763.00	0.317 times
20 Wed Mar 2024	779.05	776.05	785.10	770.00	0.583 times
19 Tue Mar 2024	776.55	756.30	791.35	752.20	1.273 times
18 Mon Mar 2024	767.75	728.35	772.65	720.95	1.704 times
15 Fri Mar 2024	724.25	717.50	740.40	709.55	1.963 times
14 Thu Mar 2024	721.75	713.55	734.95	703.95	0.244 times
13 Wed Mar 2024	716.90	770.00	781.50	702.75	0.575 times
12 Tue Mar 2024	770.00	770.00	778.95	735.60	0.723 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 767.7, but if it comes below 767.7, then a intra day sell could be more profitable.
If you take a sell trade below 767.7, then use 767.7 as stoploss and 747.46 as target. However if you take a buy trade in stock , then use 767.7 as stoploss and 791.9 as target.

Share price targets for Shoppers Stop (SHOPERSTOP)

Target Type	Value
Downside Target	622.25
Downside Target	656.70
Downside Target	702.00
Downside Target	752.25
Downside Target	762.10
Downside Target	767.00
Upside Target	776.00
Upside Target	788.50
Upside Target	791.35
Upside Target	803.00

Intraday share price targets for Shoppers Stop (SHOPERSTOP)

Target Type	Value
Downside Intraday Target	748.5
Downside Intraday Target	729.25
Upside Intraday Target	781.5
Upside Intraday Target	795.25
Downside Intraday Target	762.25

Weekly technical analysis of Shoppers Stop (SHOPERSTOP)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Tue Mar 2024	767.75	749.00	776.00	743.00	0.09 times
22 Fri Mar 2024	754.55	728.35	791.35	720.95	0.716 times
15 Fri Mar 2024	724.25	756.00	788.50	702.75	2.5 times
07 Thu Mar 2024	752.25	742.95	762.10	712.75	1.657 times
02 Sat Mar 2024	737.80	737.40	752.25	730.00	1.013 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 Shoppers Stop (SHOPERSTOP)

Date	Monthly Closing Price	Open	High	Low	Volume
26 Tue Mar 2024	767.75	737.10	791.35	702.75	0.809 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
29 Fri Dec 2023	691.00	686.40	721.95	656.70	1.525 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 Shoppers Stop (SHOPERSTOP)

Price action analysis of Shoppers Stop ( (SHOPERSTOP) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Shoppers Stop ( (SHOPERSTOP) ) 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 Shoppers Stop ( (SHOPERSTOP) ) based on a short to mid 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 Shoppers Stop ( (SHOPERSTOP) ) based on a mid to longer 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.

ADX buy sell signal for Shoppers Stop stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Shoppers Stop in short term and the buy signal is strong.

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

Shoppers Stop Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Shoppers Stop in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 Shoppers Stop is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 754.18 and Shoppers Stop (SHOPERSTOP) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.