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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 2024-08-26 View latest technical analysis

10 day averaged volume of Shanthi Gears is 33229

Date	Daily Closing Price	Open	High	Low	Volume
26 Mon Aug 2024	621.95	616.00	627.45	615.05	1.143 times
23 Fri Aug 2024	615.75	614.50	618.05	609.00	0.677 times
22 Thu Aug 2024	611.30	609.50	622.00	609.50	1.407 times
21 Wed Aug 2024	607.45	591.50	612.00	590.95	1.412 times
20 Tue Aug 2024	591.50	590.30	602.80	584.05	1.087 times
19 Mon Aug 2024	583.85	593.45	598.90	580.30	0.85 times
16 Fri Aug 2024	586.45	581.65	592.00	573.75	0.937 times
14 Wed Aug 2024	586.40	591.40	593.55	575.25	0.941 times
13 Tue Aug 2024	591.35	595.10	599.70	583.00	0.807 times
12 Mon Aug 2024	595.10	598.60	604.60	588.40	0.865 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 627.3 as stoploss in an intra day sell trade for a target of 607.35. However, stock will show a bullish move above 627.3.

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
Downside Target	595.50
Downside Target	617.00
Downside Target	621.40
Upside Target	622.00
Upside Target	627.45
Upside Target	647.15
Upside Target	665.00
Upside Target	703.00

Intraday share price targets for Shanthi Gears (SHANTIGEAR)

Target Type	Value
Downside Intraday Target	615.52
Downside Intraday Target	609.08
Upside Intraday Target	627.92
Upside Intraday Target	633.88
Downside Intraday Target	621.48

Weekly technical analysis of Shanthi Gears (SHANTIGEAR)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Mon Aug 2024	621.95	616.00	627.45	615.05	0.21 times
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

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
26 Mon Aug 2024	621.95	644.30	647.15	573.75	0.233 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 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 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 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 600.25 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.