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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 2024-03-18 View latest technical analysis

10 day averaged volume of Shanthi Gears is 28443

Date	Daily Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	495.80	492.00	500.05	479.75	0.683 times
15 Fri Mar 2024	486.65	494.00	498.80	482.25	0.756 times
14 Thu Mar 2024	494.75	486.65	508.15	473.30	1.306 times
13 Wed Mar 2024	494.05	525.65	528.80	487.00	2.035 times
12 Tue Mar 2024	523.95	517.40	530.00	501.00	1.748 times
11 Mon Mar 2024	514.80	515.10	519.10	513.20	1.069 times
07 Thu Mar 2024	516.50	515.00	522.00	515.00	0.664 times
06 Wed Mar 2024	517.05	513.50	519.35	512.85	0.906 times
05 Tue Mar 2024	518.35	517.00	522.00	513.40	0.699 times
04 Mon Mar 2024	517.00	530.00	532.95	515.00	0.736 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 502.6, but if it comes above 502.6, then a intra day buy could be more profitable.
If you take a sell trade below 502.6, then use 502.6 as stoploss and 487.8 as target. However if you take a buy trade in stock , then use 502.6 as stoploss and 514.95 as target.

Share price targets for Shanthi Gears (SHANTIGEAR)

Target Type	Value
Downside Target	450.00
Downside Target	473.30
Upside Target	500.05
Upside Target	525.10
Upside Target	532.95
Upside Target	534.90
Upside Target	537.00
Upside Target	544.80
Upside Target	551.95
Upside Target	623.75
Upside Target	644.40

Intraday share price targets for Shanthi Gears (SHANTIGEAR)

Target Type	Value
Downside Intraday Target	483.68
Downside Intraday Target	471.57
Upside Intraday Target	503.98
Upside Intraday Target	512.17
Downside Intraday Target	491.87

Weekly technical analysis of Shanthi Gears (SHANTIGEAR)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	495.80	492.00	500.05	479.75	0.099 times
15 Fri Mar 2024	486.65	515.10	530.00	473.30	2.301 times
07 Thu Mar 2024	516.50	530.00	532.95	512.85	0.535 times
02 Sat Mar 2024	530.25	516.00	534.90	507.55	1.284 times
23 Fri Feb 2024	518.55	528.00	537.00	510.00	0.821 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
18 Mon Mar 2024	495.80	520.95	534.90	473.30	0.602 times
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

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 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 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 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 gaining momentum.

MACD generated a SELL signal for Shanthi Gears in short term and the sell signal is strong.

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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below 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 but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 507.31 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.