Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-04-04 View latest technical analysis

10 day averaged volume of Shanthi Gears is 93870

Date	Daily Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	565.55	553.10	577.55	536.10	1.176 times
03 Wed Apr 2024	554.40	561.95	561.95	552.20	0.203 times
02 Tue Apr 2024	559.15	555.25	564.90	548.85	0.399 times
01 Mon Apr 2024	555.25	564.40	570.00	551.80	0.757 times
28 Thu Mar 2024	554.05	535.90	561.00	528.45	1.036 times
27 Wed Mar 2024	529.50	559.00	564.00	525.00	1.397 times
26 Tue Mar 2024	550.50	555.00	564.75	543.95	1.19 times
22 Fri Mar 2024	553.85	512.90	559.40	512.90	4.453 times
21 Thu Mar 2024	507.35	488.80	529.50	488.80	0.29 times
20 Wed Mar 2024	486.35	497.85	497.85	481.40	0.165 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 550.2, but if it comes below 550.2, then a intra day sell could be more profitable.
If you take a sell trade below 550.2, then use 550.2 as stoploss and 523.51 as target. However if you take a buy trade in stock , then use 550.2 as stoploss and 582.2 as target.

Share price targets for Shanthi Gears (SHANTIGEAR)

Target Type	Value
Downside Target	473.30
Downside Target	512.85
Downside Target	525.00
Downside Target	551.95
Downside Target	559.40
Downside Target	564.75
Upside Target	577.55
Upside Target	623.75
Upside Target	644.40

Intraday share price targets for Shanthi Gears (SHANTIGEAR)

Target Type	Value
Downside Intraday Target	541.92
Downside Intraday Target	518.28
Upside Intraday Target	583.37
Upside Intraday Target	601.18
Downside Intraday Target	559.73

Weekly technical analysis of Shanthi Gears (SHANTIGEAR)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	565.55	564.40	577.55	536.10	0.7 times
28 Thu Mar 2024	554.05	555.00	564.75	525.00	0.693 times
22 Fri Mar 2024	553.85	492.00	559.40	479.75	2.494 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

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
04 Thu Apr 2024	565.55	564.40	577.55	536.10	0.202 times
28 Thu Mar 2024	554.05	520.95	564.75	473.30	1.936 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

Scroll below to view daily charts

Price has moved up 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Shanthi Gears ( (SHANTIGEAR) ) based on a short 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.

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

Price action analysis of Shanthi Gears ( (SHANTIGEAR) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 BUY signal for Shanthi Gears in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Shanthi Gears Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 BUY signal in short term and the buying is gaining 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 549.75 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 rising upwards.

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 is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.