Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-11-29 View latest technical analysis

10 day averaged volume of Shoppers Stop is 31249

Date	Daily Closing Price	Open	High	Low	Volume
29 Fri Nov 2024	597.20	610.00	614.95	594.05	0.999 times
28 Thu Nov 2024	607.95	606.00	628.80	605.00	1.395 times
27 Wed Nov 2024	604.40	600.00	622.80	594.05	1.563 times
26 Tue Nov 2024	597.90	605.00	608.75	596.00	0.75 times
25 Mon Nov 2024	603.75	611.75	623.00	600.00	0.703 times
22 Fri Nov 2024	603.70	606.90	615.35	600.20	0.953 times
21 Thu Nov 2024	601.65	625.00	626.95	599.00	0.753 times
19 Tue Nov 2024	621.65	607.00	628.45	607.00	0.492 times
18 Mon Nov 2024	610.95	623.00	636.40	606.00	1.381 times
14 Thu Nov 2024	625.35	633.15	633.15	610.00	1.111 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 603.5, but if it comes above 603.5, then a intra day buy could be more profitable.
If you take a sell trade below 603.5, then use 603.5 as stoploss and 572.1 as target. However if you take a buy trade in stock , then use 603.5 as stoploss and 629.73 as target.

Share price targets for Shoppers Stop (SHOPERSTOP)

Target Type	Value
Downside Target	594.05
Upside Target	628.80
Upside Target	691.45
Upside Target	737.00
Upside Target	739.40
Upside Target	782.00
Upside Target	826.40
Upside Target	838.00
Upside Target	920.00
Upside Target	943.40

Intraday share price targets for Shoppers Stop (SHOPERSTOP)

Target Type	Value
Downside Intraday Target	584.57
Downside Intraday Target	571.93
Upside Intraday Target	619.32
Upside Intraday Target	641.43
Upside Intraday Target	606.68

Weekly technical analysis of Shoppers Stop (SHOPERSTOP)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Fri Nov 2024	597.20	611.75	628.80	594.05	1.512 times
22 Fri Nov 2024	603.70	623.00	636.40	599.00	0.652 times
14 Thu Nov 2024	625.35	635.75	657.90	604.95	0.226 times
08 Fri Nov 2024	635.75	675.00	739.40	631.05	8.041 times
01 Fri Nov 2024	682.15	670.95	691.45	653.05	0.249 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Shoppers Stop (SHOPERSTOP)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Fri Nov 2024	597.20	680.10	739.40	594.05	1.173 times
31 Thu Oct 2024	672.75	789.25	838.00	643.40	0.224 times
30 Mon Sep 2024	789.40	810.15	943.40	782.00	3.092 times
30 Fri Aug 2024	810.15	773.40	826.40	697.00	0.417 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 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 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 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 Weak and stock is gaining momentum.

MACD generated a BUY signal for Shoppers Stop 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.

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 coming down

CCI has generated a SELL signal for Shoppers Stop in short term and SELL 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 607.42 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.