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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 2024-04-08 View latest technical analysis

10 day averaged volume of Shanthi Gears is 104913

Date	Daily Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	552.65	572.00	575.00	550.00	0.315 times
05 Fri Apr 2024	567.75	567.80	569.65	559.50	0.245 times
04 Thu Apr 2024	565.55	553.10	577.55	536.10	1.053 times
03 Wed Apr 2024	554.40	561.95	561.95	552.20	0.181 times
02 Tue Apr 2024	559.15	555.25	564.90	548.85	0.357 times
01 Mon Apr 2024	555.25	564.40	570.00	551.80	0.678 times
28 Thu Mar 2024	554.05	535.90	561.00	528.45	0.927 times
27 Wed Mar 2024	529.50	559.00	564.00	525.00	1.25 times
26 Tue Mar 2024	550.50	555.00	564.75	543.95	1.065 times
22 Fri Mar 2024	553.85	512.90	559.40	512.90	3.985 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 556.6 as stoploss in an intra day sell trade for a target of 527.76. However, stock will show a bullish move above 556.6.

Share price targets for Shanthi Gears (SHANTIGEAR)

Target Type	Value
Downside Target	473.30
Downside Target	525.00
Downside Target	550.00
Upside Target	559.40
Upside Target	564.75
Upside Target	575.00
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	543.43
Downside Intraday Target	534.22
Upside Intraday Target	568.43
Upside Intraday Target	584.22
Upside Intraday Target	559.22

Weekly technical analysis of Shanthi Gears (SHANTIGEAR)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	552.65	572.00	575.00	550.00	0.125 times
05 Fri Apr 2024	567.75	564.40	577.55	536.10	0.775 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

Price has moved down 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
08 Mon Apr 2024	552.65	564.40	577.55	536.10	0.252 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 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 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 neutral. A longer time frame might give a better analysis.

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

MACD generated a BUY signal for Shanthi Gears in short term and the buy signal is strong.

Shanthi Gears Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Shanthi Gears in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying 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 552.31 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.