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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 2024-09-18 View latest technical analysis

10 day averaged volume of Shanthi Gears is 42078

Date	Daily Closing Price	Open	High	Low	Volume
18 Wed Sep 2024	599.30	609.25	610.85	593.80	0.453 times
17 Tue Sep 2024	606.20	611.80	613.20	604.00	0.174 times
16 Mon Sep 2024	608.75	616.55	620.00	605.00	0.344 times
13 Fri Sep 2024	615.00	606.00	618.90	605.85	0.276 times
12 Thu Sep 2024	605.00	612.50	614.20	603.25	0.462 times
11 Wed Sep 2024	612.50	615.25	624.40	610.00	0.48 times
10 Tue Sep 2024	616.00	607.00	619.50	607.00	0.521 times
09 Mon Sep 2024	607.00	607.25	635.00	603.20	0.591 times
06 Fri Sep 2024	616.50	626.60	636.30	615.05	0.64 times
05 Thu Sep 2024	632.95	636.35	640.95	626.55	2.004 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 604.1, but if it comes above 604.1, then a intra day buy could be more profitable.
If you take a sell trade below 604.1, then use 604.1 as stoploss and 595 as target. However if you take a buy trade in stock , then use 604.1 as stoploss and 611.66 as target.

Share price targets for Shanthi Gears (SHANTIGEAR)

Target Type	Value
Downside Target	486.45
Downside Target	516.35
Downside Target	573.75
Upside Target	620.00
Upside Target	622.00
Upside Target	627.45
Upside Target	635.00
Upside Target	640.95
Upside Target	647.15
Upside Target	703.00

Intraday share price targets for Shanthi Gears (SHANTIGEAR)

Target Type	Value
Downside Intraday Target	588.73
Downside Intraday Target	578.17
Upside Intraday Target	614.93
Upside Intraday Target	630.57
Upside Intraday Target	604.37

Weekly technical analysis of Shanthi Gears (SHANTIGEAR)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Wed Sep 2024	599.30	616.55	620.00	593.80	0.417 times
13 Fri Sep 2024	615.00	607.25	635.00	603.20	0.301 times
06 Fri Sep 2024	616.50	604.90	640.95	590.95	3.231 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

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
18 Wed Sep 2024	599.30	604.90	640.95	590.95	0.691 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 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 neutral. A longer time frame might give a better analysis.

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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 SELL signal for Shanthi Gears in short term and the sell signal is strong.

Shanthi Gears Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 and SELL signal is strong!

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 617.71 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 has given negative returns over a short term period. Returns for a longer term period have been positive

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