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(ShKarthik) Sh Karthik complete technical analysis [charts+indicators] | Buy/Sell Sh Karthik | (ShKarthik) share price targets

Complete technical analysis of Sh Karthik (ShKarthik) by charts plus indicators, forecast predictions and share price targets for Sh Karthik (ShKarthik)

Showing technical analysis as on 2024-10-17 View latest technical analysis

10 day averaged volume of Sh Karthik is 21179

Date	Daily Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	11.39	11.70	11.70	11.34	0.185 times
16 Wed Oct 2024	11.33	12.04	12.04	11.06	0.821 times
15 Tue Oct 2024	11.73	12.25	12.25	11.02	0.408 times
14 Mon Oct 2024	11.71	12.58	12.58	11.00	1.314 times
11 Fri Oct 2024	12.00	11.90	13.05	11.66	0.424 times
10 Thu Oct 2024	11.90	12.22	12.25	11.90	0.395 times
09 Wed Oct 2024	11.98	12.25	12.70	11.75	0.9 times
08 Tue Oct 2024	11.74	11.26	12.25	11.26	0.117 times
07 Mon Oct 2024	11.90	12.43	13.00	11.52	0.658 times
03 Thu Oct 2024	12.32	11.99	12.92	10.58	3.404 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 11.5, but if it comes above 11.5, then a intra day buy could be more profitable.
If you take a sell trade below 11.5, then use 11.5 as stoploss and 10.7 as target. However if you take a buy trade in stock , then use 11.5 as stoploss and 12.18 as target.

Share price targets for Sh Karthik (ShKarthik)

Target Type	Value
Downside Target	8.50
Downside Target	9.11
Downside Target	9.82
Downside Target	10.58
Downside Target	11.00
Upside Target	11.49
Upside Target	12.00
Upside Target	12.58
Upside Target	12.92
Upside Target	13.05
Upside Target	13.58
Upside Target	14.76

Intraday share price targets for Sh Karthik (ShKarthik)

Target Type	Value
Downside Intraday Target	10.73
Downside Intraday Target	10.08
Upside Intraday Target	12.31
Upside Intraday Target	13.24
Upside Intraday Target	11.66

Weekly technical analysis of Sh Karthik (ShKarthik)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	11.39	12.58	12.58	11.00	1.094 times
11 Fri Oct 2024	12.00	12.43	13.05	11.26	0.349 times
03 Thu Oct 2024	12.32	12.57	12.92	10.58	0.286 times
27 Fri Sep 2024	12.83	13.40	14.76	11.05	0.838 times
20 Fri Sep 2024	12.27	10.00	13.58	9.11	6.952 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 Sh Karthik (ShKarthik)

Date	Monthly Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	11.39	12.45	13.05	10.58	0.164 times
30 Mon Sep 2024	12.10	11.38	14.76	9.11	10.063 times
30 Fri Aug 2024	10.45	10.11	11.49	8.50	0.676 times
31 Wed Jul 2024	10.17	10.70	12.00	9.82	1.247 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 Sh Karthik (ShKarthik)

Price action analysis of Sh Karthik ( (ShKarthik) ) 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 Sh Karthik ( (ShKarthik) ) 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 Sh Karthik ( (ShKarthik) ) 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 Sh Karthik stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

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

Sh Karthik 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. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Sh Karthik in short term

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 Sh Karthik is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 11.97 and Sh Karthik (ShKarthik) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Sh Karthik (ShKarthik) stock. Volume based technical analysis of Sh Karthik (ShKarthik) stock is negative.

Sh Karthik Stock has given negative 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.