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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 2024-08-29 View latest technical analysis

10 day averaged volume of Shanthi Gears is 31640

Date	Daily Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	605.70	609.00	615.90	603.05	0.494 times
28 Wed Aug 2024	613.80	619.00	622.45	612.65	0.632 times
27 Tue Aug 2024	617.25	625.10	625.10	613.30	0.492 times
26 Mon Aug 2024	621.95	616.00	627.45	615.05	1.2 times
23 Fri Aug 2024	615.75	614.50	618.05	609.00	0.711 times
22 Thu Aug 2024	611.30	609.50	622.00	609.50	1.477 times
21 Wed Aug 2024	607.45	591.50	612.00	590.95	1.483 times
20 Tue Aug 2024	591.50	590.30	602.80	584.05	1.141 times
19 Mon Aug 2024	583.85	593.45	598.90	580.30	0.893 times
16 Fri Aug 2024	586.45	581.65	592.00	573.75	0.984 times

My analysis of stock is bullish for shortterm, and stock might move up till 616 or till 632.1. Use a stoploss of 602.6 and if this stock hits its stoploss, then it can fall down till 589.19

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	617.00
Upside 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	596.68
Downside Intraday Target	587.67
Upside Intraday Target	621.08
Upside Intraday Target	636.47
Upside Intraday Target	612.07

Weekly technical analysis of Shanthi Gears (SHANTIGEAR)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	605.70	616.00	627.45	603.05	0.494 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 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
29 Thu Aug 2024	605.70	644.30	647.15	573.75	0.252 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Shanthi Gears ( (SHANTIGEAR) ) based on a short to mid 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 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 Weak and stock is losing momentum.

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

Shanthi Gears Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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

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

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 605.03 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.