SHASHANK.BO Shashank Traders Ltd BSE 24 Jan 2026: Intraday oversold bounce at INR 29.42, watch INR 33.00 target
SHASHANK.BO stock opened the intraday session at INR 29.42, up 4.99% from yesterday’s close as traders-sized a short-term oversold bounce. Volume remains extremely thin at 1.00 share traded, so price moves reflect low liquidity rather than broad conviction. Shashank Traders Limited (SHASHANK.BO) on the BSE shows a tight trading range today with the day high and low both at INR 29.42. We outline a clear bounce trade plan, fundamentals, and Meyka AI model forecasts to frame risk and potential upside.
SHASHANK.BO stock: intraday price action and liquidity
Today SHASHANK.BO stock trades at INR 29.42, a rise of INR 1.40 versus the previous close of INR 28.02. The move is on volume 1.00, indicating very low liquidity and higher execution risk. With the year low at INR 24.21 and year high at INR 29.42, current price sits at the upper annual range and can reverse quickly if additional sellers appear.
SHASHANK.BO stock technicals and oversold bounce setup
Technicals are thin because data series show incomplete indicators and an RSI not available for reliable reading. Price sits above the 50-day average (INR 27.84) and 200-day average (INR 26.16), which supports a short-term mean-reversion thesis. The oversold bounce setup is valid when a small-cap thinly traded stock reclaims its short-term moving averages, but stop discipline is essential.
SHASHANK.BO stock fundamentals and valuation
Shashank Traders Limited operates in Financial Services and Investment – Banking & Investment Services on the BSE in India. Latest reported EPS -0.45 and PE -65.38 reflect a small loss and negative valuation metric. Market cap is INR 91,019,596.00 with 3,093,800.00 shares outstanding. These figures mean fundamentals are weak and any trade should be sized to reflect speculative risk.
Meyka AI rates SHASHANK.BO with a score out of 100 and forecast
Meyka AI rates SHASHANK.BO with a score out of 100: 65.08 (Grade B, Suggestion: HOLD). This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects INR 25.67 for 1 year, INR 33.23 for 3 years, INR 40.83 for 5 years, and INR 55.70 for 7 years. Forecasts are model-based projections and not guarantees.
SHASHANK.BO stock trading strategy: oversold bounce plan
For intraday oversold bounce traders, treat the move as a momentum fade or short-squeeze candidate. Entry near INR 29.20–29.40, a tight stop below INR 28.00, and a first target at INR 31.50 offers a controlled setup. A stretch target sits at INR 33.00 with larger position trimming near INR 36.00 if liquidity confirms the trend. Keep position size limited because of the single-share volume today.
SHASHANK.BO stock risks and sector context
Primary risks are extremely low liquidity, negative EPS, and sector weakness for Financial Services (YTD -4.26%). Small-cap filings or corporate updates can swing price sharply. Macro headlines are keeping risk appetite guarded; recent market commentary highlights broad commodity and market flows that affect sentiment source. For global earnings cues, see recent transcripts that shape investor mood source.
Final Thoughts
Key takeaways for SHASHANK.BO stock intraday traders: the stock is trading at INR 29.42 on January 24, 2026 after a 4.99% intraday uptick that fits an oversold bounce pattern. Liquidity is the dominant constraint with only 1.00 share changing hands today, so entry and exit must assume wide execution risk. Meyka AI’s forecast model projects INR 25.67 at one year (implied downside -12.74% vs current price), INR 33.23 at three years (+12.96%), INR 40.83 at five years (+38.81%), and INR 55.70 at seven years (+89.38%). For an intraday oversold bounce we suggest a conservative target at INR 31.50, primary target at INR 33.00, and stop placement below INR 28.00. Remember Meyka AI is an AI-powered market analysis platform and its grades and forecasts are model outputs. Forecasts are model-based projections and not guarantees. This setup is speculative; control size and use strict stops given negative EPS and sector pressure.
FAQs
What is the current price of SHASHANK.BO stock and today’s move?
SHASHANK.BO stock trades at INR 29.42 on 24 Jan 2026, up 4.99% from the previous close of INR 28.02. The move occurred on extremely low volume (1.00), so it reflects thin liquidity.
What short targets and stops suit an oversold bounce in SHASHANK.BO stock?
For an intraday oversold bounce, consider entry near INR 29.20–29.40, a stop below INR 28.00, first target INR 31.50, and main target INR 33.00. Limit size due to thin volume.
How does Meyka grade SHASHANK.BO stock and what does it mean?
Meyka AI rates SHASHANK.BO with a score out of 100: 65.08 (Grade B, Suggestion: HOLD). The grade blends benchmark, sector, metrics, growth and analyst inputs. It is informational, not advice.
What are the main risks for trading SHASHANK.BO stock today?
Main risks are very low liquidity, negative EPS (-0.45), a negative PE, and sector headwinds in Financial Services. Price can gap or reverse quickly on small orders.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
