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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 2024-09-24 View latest technical analysis

10 day averaged volume of Shanthi Gears is 18769

Date	Daily Closing Price	Open	High	Low	Volume
24 Tue Sep 2024	650.60	614.60	658.00	608.00	6.559 times
23 Mon Sep 2024	614.60	609.35	617.65	602.00	1.109 times
20 Fri Sep 2024	609.30	589.60	615.00	579.30	1.816 times
19 Thu Sep 2024	586.50	600.30	604.75	582.55	0.998 times
18 Wed Sep 2024	599.30	609.25	610.85	593.80	1.015 times
17 Tue Sep 2024	606.20	611.80	613.20	604.00	0.391 times
16 Mon Sep 2024	608.75	616.55	620.00	605.00	0.772 times
13 Fri Sep 2024	615.00	606.00	618.90	605.85	0.618 times
12 Thu Sep 2024	605.00	612.50	614.20	603.25	1.036 times
11 Wed Sep 2024	612.50	615.25	624.40	610.00	1.077 times

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

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 639, for a target of 624 or 611.4

Share price targets for Shanthi Gears (SHANTIGEAR)

Target Type	Value
Downside Target	486.45
Downside Target	516.35
Downside Target	573.75
Downside Target	620.00
Downside Target	627.45
Downside Target	635.00
Downside Target	640.95
Downside Target	647.15
Upside Target	658.00
Upside Target	703.00

Intraday share price targets for Shanthi Gears (SHANTIGEAR)

Target Type	Value
Downside Intraday Target	615.73
Downside Intraday Target	580.87
Upside Intraday Target	671.73
Upside Intraday Target	692.87
Downside Intraday Target	636.87

Weekly technical analysis of Shanthi Gears (SHANTIGEAR)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Tue Sep 2024	650.60	609.35	658.00	602.00	1.536 times
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

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
24 Tue Sep 2024	650.60	604.90	658.00	579.30	0.983 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 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 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 to mid term time period is neutral. A longer time frame might give a better analysis.

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 BUY. 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 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 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 625.2 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 positive

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