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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 2024-09-20 View latest technical analysis

10 day averaged volume of Shanthi Gears is 18463

Date	Daily Closing Price	Open	High	Low	Volume
20 Fri Sep 2024	609.30	589.60	615.00	579.30	1.846 times
19 Thu Sep 2024	586.50	600.30	604.75	582.55	1.015 times
18 Wed Sep 2024	599.30	609.25	610.85	593.80	1.032 times
17 Tue Sep 2024	606.20	611.80	613.20	604.00	0.397 times
16 Mon Sep 2024	608.75	616.55	620.00	605.00	0.785 times
13 Fri Sep 2024	615.00	606.00	618.90	605.85	0.628 times
12 Thu Sep 2024	605.00	612.50	614.20	603.25	1.053 times
11 Wed Sep 2024	612.50	615.25	624.40	610.00	1.095 times
10 Tue Sep 2024	616.00	607.00	619.50	607.00	1.188 times
09 Mon Sep 2024	607.00	607.25	635.00	603.20	1.348 times

My analysis of stock is bearish for shortterm, and stock might move down till 600.8 or till 589.7. Use a stoploss of 610.1 and if the stock hits stoploss, then it can shoot up till 619.37

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	585.73
Downside Intraday Target	562.17
Upside Intraday Target	626.43
Upside Intraday Target	643.57
Downside Intraday Target	602.87

Weekly technical analysis of Shanthi Gears (SHANTIGEAR)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Fri Sep 2024	609.30	616.55	620.00	579.30	0.955 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
20 Fri Sep 2024	609.30	604.90	640.95	579.30	0.769 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 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 Weak and stock is losing momentum.

MACD generated a SELL signal for Shanthi Gears in short term and the sell signal is strong.

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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 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 606.63 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 falling down

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.