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 2024-08-16 View latest technical analysis

10 day averaged volume of Shanthi Gears is 36021

Date	Daily Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	586.45	581.65	592.00	573.75	0.864 times
14 Wed Aug 2024	586.40	591.40	593.55	575.25	0.868 times
13 Tue Aug 2024	591.35	595.10	599.70	583.00	0.745 times
12 Mon Aug 2024	595.10	598.60	604.60	588.40	0.798 times
09 Fri Aug 2024	598.60	597.70	603.00	580.00	0.939 times
08 Thu Aug 2024	594.70	598.45	603.75	593.00	0.58 times
07 Wed Aug 2024	597.25	600.15	606.50	592.55	0.539 times
06 Tue Aug 2024	591.95	586.00	604.85	586.00	2.018 times
05 Mon Aug 2024	591.10	617.00	617.00	585.00	1.609 times
02 Fri Aug 2024	620.95	625.85	631.80	615.00	1.093 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 594, but if it comes above 594, then a intra day buy could be more profitable.
If you take a sell trade below 594, then use 594 as stoploss and 564 as target. However if you take a buy trade in stock , then use 594 as stoploss and 618.9 as target.

Share price targets for Shanthi Gears (SHANTIGEAR)

Target Type	Value
Downside Target	486.45
Downside Target	516.35
Downside Target	536.10
Downside Target	573.75
Upside Target	595.50
Upside Target	621.40
Upside Target	636.35
Upside Target	647.15
Upside Target	665.00
Upside Target	673.70
Upside Target	699.40
Upside Target	703.00

Intraday share price targets for Shanthi Gears (SHANTIGEAR)

Target Type	Value
Downside Intraday Target	571.93
Downside Intraday Target	557.42
Upside Intraday Target	602.78
Upside Intraday Target	619.12
Upside Intraday Target	588.27

Weekly technical analysis of Shanthi Gears (SHANTIGEAR)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	586.45	598.60	604.60	573.75	0.576 times
09 Fri Aug 2024	598.60	617.00	617.00	580.00	0.634 times
02 Fri Aug 2024	620.95	657.45	665.00	615.00	0.985 times
26 Fri Jul 2024	649.75	646.30	673.70	618.75	0.851 times
19 Fri Jul 2024	643.50	666.00	699.40	636.35	0.387 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
16 Fri Aug 2024	586.45	644.30	647.15	573.75	0.149 times
31 Wed Jul 2024	640.95	641.20	703.00	602.00	2.753 times
28 Fri Jun 2024	590.70	545.00	595.50	486.45	0.708 times
31 Fri May 2024	521.90	567.10	582.40	516.35	1.243 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 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 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 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 red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Shanthi Gears in short term and SELL signal is strong!

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

MRSI is in negative zone. This is the SELL 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 595.28 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.