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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 2024-08-23 View latest technical analysis

10 day averaged volume of Shanthi Gears is 33069

Date	Daily Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	615.75	614.50	618.05	609.00	0.68 times
22 Thu Aug 2024	611.30	609.50	622.00	609.50	1.414 times
21 Wed Aug 2024	607.45	591.50	612.00	590.95	1.419 times
20 Tue Aug 2024	591.50	590.30	602.80	584.05	1.092 times
19 Mon Aug 2024	583.85	593.45	598.90	580.30	0.854 times
16 Fri Aug 2024	586.45	581.65	592.00	573.75	0.941 times
14 Wed Aug 2024	586.40	591.40	593.55	575.25	0.945 times
13 Tue Aug 2024	591.35	595.10	599.70	583.00	0.811 times
12 Mon Aug 2024	595.10	598.60	604.60	588.40	0.87 times
09 Fri Aug 2024	598.60	597.70	603.00	580.00	1.023 times

My analysis of stock is bullish for shortterm, and stock might move up till 630.5 or till 656.6. Use a stoploss of 608.74 and if this stock hits its stoploss, then it can fall down till 586.97

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
Downside Target	595.50
Upside Target	618.75
Upside Target	621.40
Upside Target	622.00
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	590.03
Downside Intraday Target	564.32
Upside Intraday Target	631.73
Upside Intraday Target	647.72
Downside Intraday Target	606.02

Weekly technical analysis of Shanthi Gears (SHANTIGEAR)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	615.75	593.45	622.00	580.30	1.53 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Shanthi Gears (SHANTIGEAR)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	615.75	644.30	647.15	573.75	0.218 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 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 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 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 losing momentum.

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

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 red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Shanthi Gears in short term

RSI is generating a BUY signal in short term but buying is losing 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 597.6 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 negative.

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