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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 2024-02-29 View latest technical analysis

10 day averaged volume of Shanthi Gears is 24178

Date	Daily Closing Price	Open	High	Low	Volume
29 Thu Feb 2024	520.20	520.80	525.00	512.60	0.664 times
28 Wed Feb 2024	518.70	512.00	524.20	510.00	1.926 times
27 Tue Feb 2024	510.45	516.05	517.70	507.55	0.644 times
26 Mon Feb 2024	513.45	516.00	521.40	511.10	0.719 times
23 Fri Feb 2024	518.55	526.35	528.55	510.00	0.939 times
22 Thu Feb 2024	525.40	525.65	530.60	521.00	0.646 times
21 Wed Feb 2024	524.30	531.05	535.50	522.85	0.827 times
20 Tue Feb 2024	529.65	533.00	536.95	521.00	1.46 times
19 Mon Feb 2024	532.90	528.00	537.00	523.65	1.271 times
16 Fri Feb 2024	525.35	524.40	528.30	518.00	0.923 times

My analysis of stock is bearish for shortterm, and stock might move down till 513.5 or till 502.9. Use a stoploss of 522.3 and if the stock hits stoploss, then it can shoot up till 531.11

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
Upside Target	525.00
Upside Target	537.00
Upside Target	544.80
Upside Target	545.00
Upside Target	551.95
Upside Target	565.00
Upside Target	623.75
Upside Target	644.40

Intraday share price targets for Shanthi Gears (SHANTIGEAR)

Target Type	Value
Downside Intraday Target	510.17
Downside Intraday Target	500.13
Upside Intraday Target	527.62
Upside Intraday Target	535.03
Downside Intraday Target	517.58

Weekly technical analysis of Shanthi Gears (SHANTIGEAR)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Thu Feb 2024	520.20	516.00	525.00	507.55	0.768 times
23 Fri Feb 2024	518.55	528.00	537.00	510.00	0.821 times
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

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
29 Thu Feb 2024	520.20	548.00	551.95	482.15	0.256 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 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 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 short to mid 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 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 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. Bears 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 but BUY signal is weak.

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 522.78 and Shanthi Gears (SHANTIGEAR) 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 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.