Advertisement

Ads Placeholder
Loading...

Shankara Building Products Limited

SHANKARA.NSNSE
Consumer Cyclical
Home Improvement
127.68
5.67(4.65%)
Indian Market opens in 34h 6m

Shankara Building Products Limited (SHANKARA.NS) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Shankara Building Products Limited (NSE:SHANKARA.NS).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

SHANKARA.NS Technical Analysis Summary

Shankara Building Products Limited stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish to Bearish Risk (RSI: 72.01)
Trend Strength:Strong (ADX: 35.68)
Volatility:Medium (ATR: 5.93)
Support/Resistance:$96.68 – $126.66 (Bollinger Bands)

Overall, Shankara Building Products Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 72.01

Bearish
Overbought, selling pressure may emerge.

Stochastic %K: 84.31

Bearish
Overbought levels may trigger pullback.

Williams %R: -1.75

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 21.22

Strongly Bullish
Strong upside momentum.

Takeaway:Shankara Building Products Limited shows overheated momentum, with risk of near-term pullback.

Trend & Volatility

MACD: 4.80

Bullish
Bullish, trend momentum is strengthening.

ADX: 35.68

Strong
Strong trend, momentum well established.

ATR (14): 5.93

High
High volatility, wide price fluctuations.

CCI (14): 129.48

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Shankara Building Products Limited shows overheated trend conditions, with risk of sharp pullback.

Support & Resistance indicators
Bollinger Bands
Upper Band
$126.66
Middle Band (SMA 20)
$111.67
Lower Band
$96.68
Current Position
Above Upper Band

Takeaway:Shankara Building Products Limited trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels
Upper Channel
$126.05
Middle Line (EMA 20)
$114.19
Lower Channel
$102.34
Squeeze Status
No Squeeze

Takeaway:Shankara Building Products Limited trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume2.82M
Money Flow Index89.09Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index76.88Bullish, price momentum strongly favors buyers.

Overall Takeaway:SHANKARA.NS shows overheated money flow, with risk of pullback from overbought conditions.

Technical Trading Signals Summary
Based on the current technical analysis of Shankara Building Products Limited, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

MFI above 80 → overbought conditions may limit upside.

Overall Recommendation:Shankara Building Products Limited currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.

Technical Analysis FAQ