(SHRENIK_BE) Shrenik complete technical analysis [charts+indicators] | Buy/Sell Shrenik | (SHRENIK_BE) share price targets
Complete technical analysis of Shrenik (SHRENIK_BE) by charts plus indicators, forecast predictions and share price targets for Shrenik (SHRENIK_BE)
Showing technical analysis as on 2024-03-13 View latest technical analysis
10 day averaged volume of Shrenik is 1351229
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Wed Mar 2024 | 0.95 | 0.95 | 1.00 | 0.90 | 3.838 times |
| 12 Tue Mar 2024 | 0.95 | 1.00 | 1.05 | 0.95 | 1.412 times |
| 11 Mon Mar 2024 | 1.00 | 1.00 | 1.05 | 1.00 | 1.207 times |
| 07 Thu Mar 2024 | 1.00 | 1.05 | 1.05 | 1.00 | 0.635 times |
| 06 Wed Mar 2024 | 1.05 | 1.00 | 1.05 | 1.00 | 0.951 times |
| 05 Tue Mar 2024 | 1.00 | 1.00 | 1.05 | 1.00 | 1.039 times |
| 04 Mon Mar 2024 | 1.05 | 1.05 | 1.10 | 1.00 | 0.728 times |
| 02 Sat Mar 2024 | 1.05 | 1.10 | 1.10 | 1.05 | 0.809 times |
| 01 Fri Mar 2024 | 1.10 | 1.05 | 1.10 | 1.05 | 0.704 times |
| 29 Thu Feb 2024 | 1.05 | 1.10 | 1.10 | 1.00 | 1.486 times |
Stock of Shrenik (SHRENIK_BE) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 0.9, for a target of 1 or 1.06
Share price targets for Shrenik (SHRENIK_BE)
| Target Type | Value |
| Downside Target | 0.90 |
| Upside Target | 1.00 |
| Upside Target | 1.05 |
| Upside Target | 1.10 |
| Upside Target | 1.15 |
| Upside Target | 1.20 |
| Upside Target | 1.45 |
| Upside Target | 1.50 |
| Upside Target | 2.40 |
| Upside Target | 2.90 |
Intraday share price targets for Shrenik (SHRENIK_BE)
| Target Type | Value |
| Downside Intraday Target | 0.88 |
| Downside Intraday Target | 0.82 |
| Upside Intraday Target | 1.03 |
| Upside Intraday Target | 1.12 |
| Upside Intraday Target | 0.97 |
Weekly technical analysis of Shrenik (SHRENIK_BE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Wed Mar 2024 | 0.95 | 1.00 | 1.05 | 0.90 | 1.926 times |
| 07 Thu Mar 2024 | 1.00 | 1.05 | 1.10 | 1.00 | 0.494 times |
| 02 Sat Mar 2024 | 1.05 | 1.10 | 1.10 | 1.00 | 0.775 times |
| 23 Fri Feb 2024 | 1.10 | 1.10 | 1.20 | 1.05 | 2.753 times |
| 16 Fri Feb 2024 | 1.05 | 1.15 | 1.15 | 1.05 | 0.714 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 Shrenik (SHRENIK_BE)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 13 Wed Mar 2024 | 0.95 | 1.05 | 1.10 | 0.90 | 0.503 times |
| 29 Thu Feb 2024 | 1.05 | 1.10 | 1.20 | 1.00 | 0.844 times |
| 31 Wed Jan 2024 | 1.10 | 1.25 | 1.50 | 1.05 | 1.743 times |
| 29 Fri Dec 2023 | 1.25 | 1.40 | 1.45 | 1.20 | 0.788 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 Shrenik (SHRENIK_BE)
Price action analysis of Shrenik ( (SHRENIK_BE) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Shrenik ( (SHRENIK_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 Shrenik ( (SHRENIK_BE) ) 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 Shrenik ( (SHRENIK_BE) ) 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 Shrenik stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Shrenik in short term but the buy signal is initial and weak.
Shrenik 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 Shrenik in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Shrenik is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1 and Shrenik (SHRENIK_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 Shrenik (SHRENIK_BE) stock. Volume based technical analysis of Shrenik (SHRENIK_BE) stock is negative.
Shrenik 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.
Price action analysis of Shrenik ( (SHRENIK_BE) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Shrenik ( (SHRENIK_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 Shrenik ( (SHRENIK_BE) ) 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 Shrenik ( (SHRENIK_BE) ) 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 Shrenik stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Shrenik in short term but the buy signal is initial and weak.
Shrenik 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 Shrenik in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Shrenik is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1 and Shrenik (SHRENIK_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 Shrenik (SHRENIK_BE) stock. Volume based technical analysis of Shrenik (SHRENIK_BE) stock is negative.
Shrenik 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.
Click here for further forecast and predictions for tomorrow
Daily charts
COMMODITY Gainers BSE Gainers BSE Losers BSE Scanner CLOSED NEAR HIGH BSE Scanner CLOSED NEAR LOW USA Gainers USA Losers USA Scanner CLOSED NEAR HIGH USA Scanner CLOSED NEAR LOW USA Scanner UPTRENDING USA Scanner DOWNTRENDING
Munafa NEWSTerms of Use Stock Market News! © munafa.org.in2024 All Rights reserved.