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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 2024-03-21 View latest technical analysis

10 day averaged volume of Shanthi Gears is 28646

Date	Daily Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	507.35	488.80	529.50	488.80	0.951 times
20 Wed Mar 2024	486.35	497.85	497.85	481.40	0.539 times
19 Tue Mar 2024	492.40	498.05	500.95	490.00	0.359 times
18 Mon Mar 2024	495.80	492.00	500.05	479.75	0.678 times
15 Fri Mar 2024	486.65	494.00	498.80	482.25	0.751 times
14 Thu Mar 2024	494.75	486.65	508.15	473.30	1.296 times
13 Wed Mar 2024	494.05	525.65	528.80	487.00	2.02 times
12 Tue Mar 2024	523.95	517.40	530.00	501.00	1.736 times
11 Mon Mar 2024	514.80	515.10	519.10	513.20	1.062 times
07 Thu Mar 2024	516.50	515.00	522.00	515.00	0.659 times

My analysis of stock is bearish for shortterm, and stock might move down till 496.9 or till 480.9. Use a stoploss of 510.28 and if the stock hits stoploss, then it can shoot up till 523.65

Share price targets for Shanthi Gears (SHANTIGEAR)

Target Type	Value
Downside Target	450.00
Downside Target	473.30
Upside Target	507.55
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	481.57
Downside Intraday Target	455.78
Upside Intraday Target	531.32
Upside Intraday Target	555.28
Downside Intraday Target	505.53

Weekly technical analysis of Shanthi Gears (SHANTIGEAR)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	507.35	492.00	529.50	479.75	0.368 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
21 Thu Mar 2024	507.35	520.95	534.90	473.30	0.689 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 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 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 Weak 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 weakening, and bulls are picking up momentum!

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 but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 503.32 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.