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(SHYAMTEL) Shyam Telecom complete technical analysis [charts+indicators] | Buy/Sell Shyam Telecom | (SHYAMTEL) share price targets

Complete technical analysis of Shyam Telecom (SHYAMTEL) by charts plus indicators, forecast predictions and share price targets for Shyam Telecom (SHYAMTEL)

Shyam Telecom trades in NSE in Telecom Equipment sector.

Showing technical analysis as on 2024-10-11 View latest technical analysis

10 day averaged volume of Shyam Telecom is 7153

Date	Daily Closing Price	Open	High	Low	Volume
11 Fri Oct 2024	13.61	14.46	14.46	13.11	1.344 times
10 Thu Oct 2024	13.78	13.50	14.08	13.16	1.639 times
09 Wed Oct 2024	13.41	13.47	13.47	12.21	3.007 times
08 Tue Oct 2024	12.83	12.40	12.95	11.94	0.5 times
23 Tue Apr 2024	14.40	14.40	14.40	14.40	0.375 times
22 Mon Apr 2024	13.75	13.75	13.75	13.75	0.612 times
19 Fri Apr 2024	13.10	13.10	13.10	13.10	0.663 times
18 Thu Apr 2024	12.50	12.50	12.50	12.50	0.31 times
16 Tue Apr 2024	11.95	11.95	11.95	11.95	0.639 times
15 Mon Apr 2024	11.40	11.40	11.40	11.40	0.831 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 13.2, but if it comes below 13.2, then a intra day sell could be more profitable.
If you take a sell trade below 13.2, then use 13.2 as stoploss and 11.35 as target. However if you take a buy trade in stock , then use 13.2 as stoploss and 15.5 as target.

Share price targets for Shyam Telecom (SHYAMTEL)

Target Type	Value
Downside Target	8.80
Downside Target	9.45
Downside Target	9.70
Downside Target	10.10
Downside Target	10.85
Downside Target	11.40
Downside Target	11.94
Downside Target	13.10
Downside Target	13.50
Upside Target	13.75
Upside Target	14.40
Upside Target	14.46

Intraday share price targets for Shyam Telecom (SHYAMTEL)

Target Type	Value
Downside Intraday Target	12.21
Downside Intraday Target	10.82
Upside Intraday Target	14.73
Upside Intraday Target	15.86
Downside Intraday Target	13.34

Weekly technical analysis of Shyam Telecom (SHYAMTEL)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Fri Oct 2024	13.61	12.40	14.46	11.94	6.577 times
23 Tue Apr 2024	14.40	13.75	14.40	13.75	0.404 times
19 Fri Apr 2024	13.10	11.40	13.10	11.40	1.057 times
12 Fri Apr 2024	10.90	9.70	10.90	9.70	6.401 times
05 Fri Apr 2024	9.45	8.95	9.45	8.95	0.597 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 Shyam Telecom (SHYAMTEL)

Date	Monthly Closing Price	Open	High	Low	Volume
11 Fri Oct 2024	13.61	12.40	14.46	11.94	1.063 times
23 Tue Apr 2024	14.40	8.95	14.40	8.95	2.325 times
28 Thu Mar 2024	8.95	13.20	13.20	8.80	0.199 times
29 Thu Feb 2024	12.00	10.80	13.50	10.10	1.333 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 Shyam Telecom (SHYAMTEL)

Price action analysis of Shyam Telecom ( (SHYAMTEL) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Shyam Telecom ( (SHYAMTEL) ) 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 Shyam Telecom ( (SHYAMTEL) ) based on a mid to longer 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.

ADX buy sell signal for Shyam Telecom stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Shyam Telecom 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.

Shyam Telecom Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a buy signal for Shyam Telecom 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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Shyam Telecom is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 13.22 and Shyam Telecom (SHYAMTEL) 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 Shyam Telecom (SHYAMTEL) stock. Volume based technical analysis of Shyam Telecom (SHYAMTEL) stock is negative.

Shyam Telecom 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.