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

(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 2024-12-06 View latest technical analysis

10 day averaged volume of Sh Karthik is 11081

Date	Daily Closing Price	Open	High	Low	Volume
06 Fri Dec 2024	11.47	11.62	11.85	11.39	1.227 times
05 Thu Dec 2024	11.34	11.40	11.68	11.00	1.982 times
04 Wed Dec 2024	10.92	11.20	11.50	10.30	1.33 times
03 Tue Dec 2024	10.93	10.80	11.25	10.45	2.146 times
02 Mon Dec 2024	10.70	10.66	10.74	10.45	0.693 times
29 Fri Nov 2024	10.45	10.75	10.75	10.21	0.409 times
28 Thu Nov 2024	10.68	10.80	10.80	10.10	0.991 times
27 Wed Nov 2024	10.68	10.68	10.74	10.00	0.476 times
26 Tue Nov 2024	10.52	10.57	10.78	10.12	0.596 times
25 Mon Nov 2024	10.56	10.72	10.72	10.01	0.94 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 11.4, but if it comes below 11.4, then a intra day sell could be more profitable.
If you take a sell trade below 11.4, then use 11.4 as stoploss and 10.83 as target. However if you take a buy trade in stock , then use 11.4 as stoploss and 12.1 as target.

Share price targets for Sh Karthik (ShKarthik)

Target Type	Value
Downside Target	8.50
Downside Target	9.11
Downside Target	9.45
Downside Target	9.75
Downside Target	10.00
Downside Target	10.30
Downside Target	10.58
Downside Target	10.80
Upside Target	11.49
Upside Target	11.85
Upside Target	12.25
Upside Target	12.45
Upside Target	13.05
Upside Target	14.76

Intraday share price targets for Sh Karthik (ShKarthik)

Target Type	Value
Downside Intraday Target	10.56
Downside Intraday Target	9.66
Upside Intraday Target	12.11
Upside Intraday Target	12.76
Downside Intraday Target	11.21

Weekly technical analysis of Sh Karthik (ShKarthik)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Fri Dec 2024	11.47	10.66	11.85	10.30	2.162 times
29 Fri Nov 2024	10.45	10.72	10.80	10.00	0.692 times
22 Fri Nov 2024	10.16	9.83	11.09	9.75	0.627 times
14 Thu Nov 2024	9.74	11.76	12.45	9.45	1.527 times
08 Fri Nov 2024	11.76	11.55	12.25	11.01	3.244 times

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

Monthly technical analysis of Sh Karthik (ShKarthik)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Fri Dec 2024	11.47	10.66	11.85	10.30	0.343 times
29 Fri Nov 2024	10.45	11.59	12.45	9.45	0.85 times
31 Thu Oct 2024	11.56	12.45	13.05	10.58	0.213 times
30 Mon Sep 2024	12.10	11.38	14.76	9.11	10.063 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 Sh Karthik (ShKarthik)

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

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

MACD generated a BUY signal for Sh Karthik 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.

Sh Karthik 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 red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Sh Karthik in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up 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 10.94 and Sh Karthik (ShKarthik) 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 Sh Karthik (ShKarthik) stock. Volume based technical analysis of Sh Karthik (ShKarthik) stock is negative.

Sh Karthik Stock is giving positive 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.