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(SHAHALLOYS_BE) Shah Alloys complete technical analysis [charts+indicators] | Buy/Sell Shah Alloys | (SHAHALLOYS_BE) share price targets

Complete technical analysis of Shah Alloys (SHAHALLOYS_BE) by charts plus indicators, forecast predictions and share price targets for Shah Alloys (SHAHALLOYS_BE)

Showing technical analysis as on 2025-06-02 View latest technical analysis

10 day averaged volume of Shah Alloys is 7110

Date	Daily Closing Price	Open	High	Low	Volume
02 Mon Jun 2025	55.20	54.39	55.70	53.10	2.235 times
30 Fri May 2025	55.24	56.00	56.70	54.25	1.217 times
29 Thu May 2025	54.00	56.90	56.90	54.00	0.399 times
28 Wed May 2025	55.28	56.10	57.75	54.15	0.793 times
27 Tue May 2025	56.54	57.50	58.50	56.00	0.77 times
26 Mon May 2025	56.59	57.00	57.00	56.00	0.872 times
23 Fri May 2025	58.20	57.00	58.50	55.10	1.907 times
22 Thu May 2025	55.80	58.50	59.40	55.30	1.355 times
21 Wed May 2025	57.00	57.75	57.75	57.00	0.601 times
20 Tue May 2025	58.99	58.39	59.00	56.80	0.926 times

Stock of Shah Alloys (SHAHALLOYS_BE) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 55.6, but if it comes above 55.6, then a intra day buy could be more profitable.
If you take a sell trade below 55.6, then use 55.6 as stoploss and 53.1 as target. However if you take a buy trade in stock , then use 55.6 as stoploss and 57.63 as target.

Share price targets for Shah Alloys (SHAHALLOYS_BE)

Target Type	Value
Downside Target	53.10
Upside Target	57.34
Upside Target	58.50
Upside Target	59.29
Upside Target	60.50
Upside Target	62.95
Upside Target	66.00
Upside Target	68.64
Upside Target	72.00
Upside Target	82.21

Intraday share price targets for Shah Alloys (SHAHALLOYS_BE)

Target Type	Value
Downside Intraday Target	53.63
Downside Intraday Target	52.07
Upside Intraday Target	56.23
Upside Intraday Target	57.27
Downside Intraday Target	54.67

Weekly technical analysis of Shah Alloys (SHAHALLOYS_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Mon Jun 2025	55.20	54.39	55.70	53.10	0.552 times
30 Fri May 2025	55.24	57.00	58.50	54.00	0.681 times
23 Fri May 2025	58.20	56.60	60.50	55.10	1.152 times
16 Fri May 2025	59.25	60.00	62.95	58.70	1.831 times
09 Fri May 2025	58.20	58.00	59.29	54.55	0.662 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 Shah Alloys (SHAHALLOYS_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Mon Jun 2025	55.20	54.39	55.70	53.10	0.123 times
30 Fri May 2025	55.24	57.25	62.95	54.00	1.193 times
30 Wed Apr 2025	59.61	72.00	72.00	57.34	2.142 times
31 Fri Jan 2025	62.75	67.30	68.64	55.67	0.531 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 Shah Alloys (SHAHALLOYS_BE)

Price action analysis of Shah Alloys ( (SHAHALLOYS_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 Shah Alloys ( (SHAHALLOYS_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 Shah Alloys ( (SHAHALLOYS_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 Shah Alloys stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Shah Alloys in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Shah Alloys 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 Shah Alloys in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Shah Alloys is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 56.37 and Shah Alloys (SHAHALLOYS_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 Shah Alloys (SHAHALLOYS_BE) stock. Volume based technical analysis of Shah Alloys (SHAHALLOYS_BE) stock is negative.

Shah Alloys 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.