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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 2024-04-01 View latest technical analysis

10 day averaged volume of Shoppers Stop is 123682

Date	Daily Closing Price	Open	High	Low	Volume
01 Mon Apr 2024	778.30	755.00	782.00	747.05	0.477 times
28 Thu Mar 2024	755.00	764.60	767.65	733.05	1.796 times
27 Wed Mar 2024	773.95	771.00	807.00	750.60	1.586 times
26 Tue Mar 2024	767.75	749.00	776.00	743.00	0.367 times
22 Fri Mar 2024	754.55	773.90	774.20	745.25	0.289 times
21 Thu Mar 2024	771.20	779.00	785.30	763.00	0.311 times
20 Wed Mar 2024	779.05	776.05	785.10	770.00	0.571 times
19 Tue Mar 2024	776.55	756.30	791.35	752.20	1.247 times
18 Mon Mar 2024	767.75	728.35	772.65	720.95	1.67 times
15 Fri Mar 2024	724.25	717.50	740.40	709.55	1.924 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 773.6, but if it comes below 773.6, then a intra day sell could be more profitable.
If you take a sell trade below 773.6, then use 773.6 as stoploss and 752.23 as target. However if you take a buy trade in stock , then use 773.6 as stoploss and 799.1 as target.

Share price targets for Shoppers Stop (SHOPERSTOP)

Target Type	Value
Downside Target	656.70
Downside Target	702.75
Downside Target	762.10
Downside Target	767.00
Upside Target	782.00
Upside Target	788.50
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	756.23
Downside Intraday Target	734.17
Upside Intraday Target	791.18
Upside Intraday Target	804.07
Downside Intraday Target	769.12

Weekly technical analysis of Shoppers Stop (SHOPERSTOP)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Mon Apr 2024	778.30	755.00	782.00	747.05	0.127 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
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

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
01 Mon Apr 2024	778.30	755.00	782.00	747.05	0.03 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 gaining 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 SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL 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 760.23 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 rising upwards.

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 is giving positive 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.