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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 2024-08-20 View latest technical analysis

10 day averaged volume of Shanthi Gears is 35099

Date	Daily Closing Price	Open	High	Low	Volume
20 Tue Aug 2024	591.50	590.30	602.80	584.05	1.029 times
19 Mon Aug 2024	583.85	593.45	598.90	580.30	0.805 times
16 Fri Aug 2024	586.45	581.65	592.00	573.75	0.887 times
14 Wed Aug 2024	586.40	591.40	593.55	575.25	0.89 times
13 Tue Aug 2024	591.35	595.10	599.70	583.00	0.764 times
12 Mon Aug 2024	595.10	598.60	604.60	588.40	0.819 times
09 Fri Aug 2024	598.60	597.70	603.00	580.00	0.964 times
08 Thu Aug 2024	594.70	598.45	603.75	593.00	0.595 times
07 Wed Aug 2024	597.25	600.15	606.50	592.55	0.553 times
06 Tue Aug 2024	591.95	586.00	604.85	586.00	2.071 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 588.3 as stoploss in an intra day buy trade for a target of 613.97. However, stock will show a bearish move below 588.3.

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	617.00
Upside Target	618.75
Upside Target	621.40
Upside Target	647.15
Upside Target	665.00
Upside Target	673.70
Upside Target	703.00

Intraday share price targets for Shanthi Gears (SHANTIGEAR)

Target Type	Value
Downside Intraday Target	580.27
Downside Intraday Target	569.03
Upside Intraday Target	602.77
Upside Intraday Target	614.03
Upside Intraday Target	591.53

Weekly technical analysis of Shanthi Gears (SHANTIGEAR)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Tue Aug 2024	591.50	593.45	602.80	580.30	0.546 times
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

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
20 Tue Aug 2024	591.50	644.30	647.15	573.75	0.174 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 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 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 losing momentum.

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

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 below 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 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 591.56 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 negative.

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