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

(SHRADHA_BE) Shradha Infraprojects complete technical analysis [charts+indicators] | Buy/Sell Shradha Infraprojects | (SHRADHA_BE) share price targets

Complete technical analysis of Shradha Infraprojects (SHRADHA_BE) by charts plus indicators, forecast predictions and share price targets for Shradha Infraprojects (SHRADHA_BE)

Showing technical analysis as on 2024-01-29 View latest technical analysis

10 day averaged volume of Shradha Infraprojects is 39413

Date	Daily Closing Price	Open	High	Low	Volume
29 Mon Jan 2024	68.25	69.90	70.40	67.85	0.858 times
25 Thu Jan 2024	69.00	70.40	70.40	68.25	1.381 times
24 Wed Jan 2024	68.05	68.05	70.40	67.05	0.502 times
23 Tue Jan 2024	68.05	69.00	70.90	68.00	0.813 times
22 Mon Jan 2024	69.40	71.00	71.40	68.50	0.531 times
19 Fri Jan 2024	69.10	70.00	71.50	68.50	0.578 times
18 Thu Jan 2024	69.95	71.00	71.95	68.05	0.525 times
17 Wed Jan 2024	70.20	68.00	72.35	66.60	1.534 times
16 Tue Jan 2024	70.10	73.95	74.90	69.50	0.896 times
15 Mon Jan 2024	72.75	67.35	73.00	67.35	0.961 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 67.5 as stoploss in an intra day buy trade for a target of 69.29. However, stock will show a bearish move below 67.5.

Share price targets for Shradha Infraprojects (SHRADHA_BE)

Target Type	Value
Downside Target	41.05
Downside Target	43.40
Downside Target	45.85
Downside Target	48.00
Downside Target	52.05
Downside Target	61.90
Downside Target	66.25
Upside Target	70.40
Upside Target	71.00
Upside Target	71.40
Upside Target	74.90
Upside Target	77.00
Upside Target	79.30

Intraday share price targets for Shradha Infraprojects (SHRADHA_BE)

Target Type	Value
Downside Intraday Target	67.27
Downside Intraday Target	66.28
Upside Intraday Target	69.82
Upside Intraday Target	71.38
Upside Intraday Target	68.83

Weekly technical analysis of Shradha Infraprojects (SHRADHA_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Mon Jan 2024	68.25	69.90	70.40	67.85	0.266 times
25 Thu Jan 2024	69.00	71.00	71.40	67.05	0.718 times
19 Fri Jan 2024	69.10	67.35	74.90	66.60	0.634 times
12 Fri Jan 2024	70.90	68.80	77.00	66.30	1.241 times
05 Fri Jan 2024	68.30	68.00	71.00	66.25	1.487 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 Shradha Infraprojects (SHRADHA_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Mon Jan 2024	68.25	68.00	77.00	66.25	0.979 times
29 Fri Dec 2023	67.80	79.30	79.30	61.90	8.889 times
22 Fri Sep 2023	43.20	41.90	45.85	41.05	0.593 times
31 Thu Aug 2023	41.90	45.00	48.00	41.50	1.224 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 Shradha Infraprojects (SHRADHA_BE)

Price action analysis of Shradha Infraprojects ( (SHRADHA_BE) ) 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 Shradha Infraprojects ( (SHRADHA_BE) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Shradha Infraprojects ( (SHRADHA_BE) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Shradha Infraprojects stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Shradha Infraprojects in short term but the sell signal is initial and weak.

Shradha Infraprojects 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Shradha Infraprojects in short term and SELL 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

Stock of Shradha Infraprojects is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 69.62 and Shradha Infraprojects (SHRADHA_BE) 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 Shradha Infraprojects (SHRADHA_BE) stock. Volume based technical analysis of Shradha Infraprojects (SHRADHA_BE) stock is negative.

Shradha Infraprojects 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.