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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 2024-10-04 View latest technical analysis

10 day averaged volume of Shanthi Gears is 47174

Date	Daily Closing Price	Open	High	Low	Volume
04 Fri Oct 2024	602.00	622.70	624.95	596.20	0.594 times
03 Thu Oct 2024	612.30	630.00	634.70	601.10	0.606 times
01 Tue Oct 2024	631.70	634.00	640.00	624.00	0.446 times
30 Mon Sep 2024	631.10	649.00	660.00	628.00	0.584 times
27 Fri Sep 2024	647.00	618.00	652.90	618.00	1.076 times
26 Thu Sep 2024	620.95	623.30	626.50	618.15	0.53 times
25 Wed Sep 2024	628.95	656.30	668.00	621.15	2.588 times
24 Tue Sep 2024	650.60	614.60	658.00	608.00	2.61 times
23 Mon Sep 2024	614.60	609.35	617.65	602.00	0.441 times
20 Fri Sep 2024	609.30	589.60	615.00	579.30	0.722 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 600.9 as stoploss in an intra day buy trade for a target of 616.06. However, stock will show a bearish move below 600.9.

Share price targets for Shanthi Gears (SHANTIGEAR)

Target Type	Value
Downside Target	486.45
Downside Target	573.75
Downside Target	590.95
Upside Target	620.00
Upside Target	635.00
Upside Target	640.00
Upside Target	640.95
Upside Target	647.15
Upside Target	660.00
Upside Target	668.00
Upside Target	703.00

Intraday share price targets for Shanthi Gears (SHANTIGEAR)

Target Type	Value
Downside Intraday Target	578.8
Downside Intraday Target	555.6
Upside Intraday Target	642.6
Upside Intraday Target	683.2
Upside Intraday Target	619.4

Weekly technical analysis of Shanthi Gears (SHANTIGEAR)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Fri Oct 2024	602.00	649.00	660.00	596.20	0.308 times
27 Fri Sep 2024	647.00	609.35	668.00	602.00	3.648 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

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
04 Fri Oct 2024	602.00	634.00	640.00	596.20	0.088 times
30 Mon Sep 2024	631.10	604.90	668.00	579.30	1.319 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

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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 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 Weak and stock is losing momentum.

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

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. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green 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 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 631.65 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 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.