SHOPERSTOP NEWS why is Shoppers Stop Limited price falling or rising

SHOPERSTOP NEWS reasons for why stock price of Shoppers Stop Limited is falling or rising

SHOPERSTOP Shoppers Stop is falling or rising technical reasons

Technical analysis forecast for Shoppers Stop Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Shoppers Stop SHOPERSTOP at this time. Stock is falling and might fall more.

It appears as if Shoppers Stop SHOPERSTOP gave a large move recently.

Stock of Shoppers Stop (SHOPERSTOP) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Shoppers Stop is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Shoppers Stop stays below 610.8, but if it comes above 610.8, then a intra day buy could be more profitable.
If you take a sell trade below 610.8, then use 610.8 as stoploss and 592 as target. However if you take a buy trade in Shoppers Stop, then use 610.8 as stoploss and 626.55 as target.

SHOPERSTOP Shoppers Stop is falling or rising NEWS fundamental reasons

Amazon exits Shoppers Stop; sells 4% stake for Rs 276 crore According to data from the National Stock Exchange (NSE), Amazon, via its investment arm Amazon.com NV Investment Holdings, sold approximately 44 lakh shares, or a 4% stake, in Mumbai-based Shoppers Stop. The shares were sold at an average price of Rs 627. - NEWS as on 2024-12-18 indiatimes.com

Company Announcement Shoppers Stop Limited has informed the Exchange about Schedule of meet - NEWS as on 2024-11-19

Company Announcement - NEWS as on 2024-11-08

Company Announcement Shoppers Stop Limited has informed the Exchange regarding 'Change in Key Managerial Personnel (KMP) authorised to determine material events'. - NEWS as on 2024-10-23

Company Announcement Shoppers Stop Limited has informed the Exchange regarding a press release dated October 18, 2024, titled "Press / Media Release: Shoppers Stop Inaugurates its First store in Silchar Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disc - NEWS as on 2024-10-21

Company Announcement Shoppers Stop Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018 - NEWS as on 2024-10-16

More announcements and NEWS

SHOPERSTOP Shoppers Stop Limited current price & indicator signals

Moving Averages for Shoppers Stop Limited

  • 5Day Average: 631.68
  • 12Day Average: 622.15
  • 20Day Average: 622.76
  • 50Day Average: 647.6
  • 100Day Average: 727.05
  • 150Day Average: 738.39
  • 200Day Average: 739.07

SHOPERSTOP Indicators & signals

Indicator MACD (12,26,9)

625.07, 630.51, -8.53
Indicator MACD is in negative zone

Indicator ADX (14)

2.33, 19.11, 20.02
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 51
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SHOPERSTOP Shoppers Stop Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
24 Tue Dec 2024 609.30 602.00 to 618.00 -1.57% 0.43 times
23 Mon Dec 2024 619.05 615.05 to 647.70 -3.84% 3.13 times
20 Fri Dec 2024 643.75 642.00 to 657.75 -0.63% 0.46 times
19 Thu Dec 2024 647.80 633.00 to 666.00 1.46% 1.77 times
18 Wed Dec 2024 638.50 631.10 to 668.90 0% 1.7 times
18 Wed Dec 2024 638.50 631.10 to 668.90 1.74% 1.7 times
17 Tue Dec 2024 627.60 602.55 to 632.80 3.64% 0.61 times
16 Mon Dec 2024 605.55 602.00 to 608.85 0.6% 0.06 times
13 Fri Dec 2024 601.95 595.40 to 609.95 -0.63% 0.19 times
12 Thu Dec 2024 605.75 601.65 to 619.60 -1.26% 0.16 times
11 Wed Dec 2024 613.45 611.45 to 630.95 -0.18% 0.23 times
10 Tue Dec 2024 614.55 610.05 to 641.55 -4.08% 0.41 times

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SHOPERSTOP NEWS why is Shoppers Stop Limited price falling or rising

 

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