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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 2024-04-24 View latest technical analysis

10 day averaged volume of Shanthi Gears is 70121

Date	Daily Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	555.85	560.10	562.00	554.70	0.336 times
23 Tue Apr 2024	557.05	547.35	566.00	544.35	1.047 times
22 Mon Apr 2024	544.60	548.80	557.05	540.15	0.347 times
19 Fri Apr 2024	546.25	551.25	556.85	541.50	0.432 times
18 Thu Apr 2024	551.25	555.95	559.80	545.20	0.426 times
16 Tue Apr 2024	556.00	554.55	564.00	554.00	0.352 times
15 Mon Apr 2024	558.00	560.90	564.95	551.00	0.471 times
12 Fri Apr 2024	573.75	580.00	580.00	570.15	0.578 times
10 Wed Apr 2024	581.20	561.00	621.40	554.05	5.538 times
09 Tue Apr 2024	560.75	553.00	562.30	551.15	0.337 times

My analysis of stock is bearish for shortterm, and stock might move down till 545.8 or till 533.2. Use a stoploss of 556.37 and if the stock hits stoploss, then it can shoot up till 566.9

Share price targets for Shanthi Gears (SHANTIGEAR)

Target Type	Value
Downside Target	473.30
Downside Target	525.00
Downside Target	536.10
Upside Target	564.75
Upside Target	564.95
Upside Target	566.00
Upside Target	577.55
Upside Target	621.40
Upside Target	623.75
Upside Target	644.40

Intraday share price targets for Shanthi Gears (SHANTIGEAR)

Target Type	Value
Downside Intraday Target	542
Downside Intraday Target	528.15
Upside Intraday Target	567.85
Upside Intraday Target	579.85
Downside Intraday Target	554

Weekly technical analysis of Shanthi Gears (SHANTIGEAR)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	555.85	548.80	566.00	540.15	1.03 times
19 Fri Apr 2024	546.25	560.90	564.95	541.50	0.243 times
12 Fri Apr 2024	573.75	572.00	621.40	550.00	1.841 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

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
24 Wed Apr 2024	555.85	564.40	621.40	536.10	0.84 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 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 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 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 mid to longer 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.

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

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

Shanthi Gears Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

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

RSI is generating a BUY signal in short term and the buying is gaining 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 570.52 and Shanthi Gears (SHANTIGEAR) stock is trading below this level. This means that stock is falling with high volumes. 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.