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 2024-09-04 View latest technical analysis

10 day averaged volume of Shanthi Gears is 24197

Date	Daily Closing Price	Open	High	Low	Volume
04 Wed Sep 2024	614.70	606.55	622.00	590.95	7.836 times
03 Tue Sep 2024	603.50	610.35	611.40	602.00	0.324 times
02 Mon Sep 2024	608.35	604.90	612.10	598.55	0.708 times
30 Fri Aug 2024	601.70	601.00	611.95	600.00	0.484 times
29 Thu Aug 2024	605.70	609.00	615.90	603.05	0.645 times
28 Wed Aug 2024	613.80	619.00	622.45	612.65	0.826 times
27 Tue Aug 2024	617.25	625.10	625.10	613.30	0.644 times
26 Mon Aug 2024	621.95	616.00	627.45	615.05	1.569 times
23 Fri Aug 2024	615.75	614.50	618.05	609.00	0.929 times
22 Thu Aug 2024	611.30	609.50	622.00	609.50	1.932 times

Stock of Shanthi Gears (SHANTIGEAR) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 613.4, but if it comes below 613.4, then a intra day sell could be more profitable.
If you take a sell trade below 613.4, then use 613.4 as stoploss and 602.33 as target. However if you take a buy trade in stock , then use 613.4 as stoploss and 626.7 as target.

Share price targets for Shanthi Gears (SHANTIGEAR)

Target Type	Value
Downside Target	486.45
Downside Target	516.35
Downside Target	573.75
Downside Target	604.60
Upside Target	617.00
Upside Target	622.00
Upside Target	627.45
Upside Target	647.15
Upside Target	703.00

Intraday share price targets for Shanthi Gears (SHANTIGEAR)

Target Type	Value
Downside Intraday Target	596.43
Downside Intraday Target	578.17
Upside Intraday Target	627.48
Upside Intraday Target	640.27
Downside Intraday Target	609.22

Weekly technical analysis of Shanthi Gears (SHANTIGEAR)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Wed Sep 2024	614.70	604.90	622.00	590.95	2.128 times
30 Fri Aug 2024	601.70	616.00	627.45	600.00	0.559 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

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
04 Wed Sep 2024	614.70	604.90	622.00	590.95	0.319 times
30 Fri Aug 2024	601.70	644.30	647.15	573.75	0.257 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

Scroll below to view daily charts

Price has moved up 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 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 Strong and stock is gaining momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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. 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 but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 613.85 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.