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(SHANTIGEAR) Shanthi Gears complete technical analysis [charts+indicators] | Buy/Sell Shanthi Gears | (SHANTIGEAR) share price targets

Complete technical analysis of Shanthi Gears (SHANTIGEAR) by charts plus indicators, forecast predictions and share price targets for Shanthi Gears (SHANTIGEAR)

Shanthi Gears trades in NSE in Auto Parts & Equipment sector.

Showing technical analysis as on 2024-02-16 View latest technical analysis

10 day averaged volume of Shanthi Gears is 33167

Date	Daily Closing Price	Open	High	Low	Volume
16 Fri Feb 2024	525.35	524.40	528.30	518.00	0.673 times
15 Thu Feb 2024	521.20	518.60	524.90	514.05	0.47 times
14 Wed Feb 2024	519.15	513.50	524.70	505.00	1.113 times
13 Tue Feb 2024	513.50	506.90	517.00	482.15	1.3 times
12 Mon Feb 2024	501.15	516.55	519.85	500.00	1.012 times
09 Fri Feb 2024	513.95	528.30	529.30	505.65	1.445 times
08 Thu Feb 2024	525.65	532.50	535.65	521.25	0.564 times
07 Wed Feb 2024	529.85	534.05	538.60	528.40	0.818 times
06 Tue Feb 2024	531.35	539.70	539.90	527.90	0.921 times
05 Mon Feb 2024	534.30	542.90	545.00	530.00	1.102 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 518.1 as stoploss in an intra day buy trade for a target of 536.57. However, stock will show a bearish move below 518.1.

Share price targets for Shanthi Gears (SHANTIGEAR)

Target Type	Value
Downside Target	401.25
Downside Target	450.00
Downside Target	475.75
Downside Target	505.65
Downside Target	525.10
Upside Target	545.00
Upside Target	551.95
Upside Target	565.00
Upside Target	578.00
Upside Target	582.85
Upside Target	623.75
Upside Target	644.40

Intraday share price targets for Shanthi Gears (SHANTIGEAR)

Target Type	Value
Downside Intraday Target	495.57
Downside Intraday Target	465.78
Upside Intraday Target	541.72
Upside Intraday Target	558.08
Downside Intraday Target	511.93

Weekly technical analysis of Shanthi Gears (SHANTIGEAR)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Fri Feb 2024	525.35	516.55	528.30	482.15	0.942 times
09 Fri Feb 2024	513.95	542.90	545.00	505.65	0.466 times
02 Fri Feb 2024	536.95	556.90	565.00	525.10	1.794 times
25 Thu Jan 2024	554.15	564.90	578.00	534.55	0.906 times
19 Fri Jan 2024	564.90	569.60	582.85	538.05	0.831 times

Price has moved up 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 Shanthi Gears (SHANTIGEAR)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Fri Feb 2024	525.35	548.00	551.95	482.15	0.163 times
31 Wed Jan 2024	546.65	601.40	644.40	525.10	1.014 times
29 Fri Dec 2023	600.50	492.70	623.75	487.90	0.689 times
30 Thu Nov 2023	492.70	458.00	544.80	450.00	1.57 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 Shanthi Gears (SHANTIGEAR)

Price action analysis of Shanthi Gears ( (SHANTIGEAR) ) based on a short 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 Shanthi Gears ( (SHANTIGEAR) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Shanthi Gears ( (SHANTIGEAR) ) 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 Shanthi Gears ( (SHANTIGEAR) ) based on a mid to longer 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.

ADX buy sell signal for Shanthi Gears stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Shanthi Gears 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.

Shanthi Gears Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 Shanthi Gears 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 positive zone. This is a BUY zone

Stock of Shanthi Gears is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 520.47 and Shanthi Gears (SHANTIGEAR) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Shanthi Gears (SHANTIGEAR) stock. Volume based technical analysis of Shanthi Gears (SHANTIGEAR) stock is negative.

Shanthi Gears 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.