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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 2024-10-08 View latest technical analysis

10 day averaged volume of Shanthi Gears is 48502

Date	Daily Closing Price	Open	High	Low	Volume
08 Tue Oct 2024	580.95	581.00	587.90	570.20	0.526 times
07 Mon Oct 2024	578.10	603.00	608.65	565.00	0.785 times
04 Fri Oct 2024	602.00	622.70	624.95	596.20	0.578 times
03 Thu Oct 2024	612.30	630.00	634.70	601.10	0.589 times
01 Tue Oct 2024	631.70	634.00	640.00	624.00	0.434 times
30 Mon Sep 2024	631.10	649.00	660.00	628.00	0.568 times
27 Fri Sep 2024	647.00	618.00	652.90	618.00	1.046 times
26 Thu Sep 2024	620.95	623.30	626.50	618.15	0.516 times
25 Wed Sep 2024	628.95	656.30	668.00	621.15	2.517 times
24 Tue Sep 2024	650.60	614.60	658.00	608.00	2.538 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 594.2, but if it comes above 594.2, then a intra day buy could be more profitable.
If you take a sell trade below 594.2, then use 594.2 as stoploss and 571.7 as target. However if you take a buy trade in stock , then use 594.2 as stoploss and 612.84 as target.

Share price targets for Shanthi Gears (SHANTIGEAR)

Target Type	Value
Downside Target	486.45
Downside Target	565.00
Upside Target	595.50
Upside Target	620.00
Upside Target	635.00
Upside Target	640.00
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	561.08
Downside Intraday Target	541.22
Upside Intraday Target	604.73
Upside Intraday Target	628.52
Upside Intraday Target	584.87

Weekly technical analysis of Shanthi Gears (SHANTIGEAR)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Tue Oct 2024	580.95	603.00	608.65	565.00	0.605 times
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

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
08 Tue Oct 2024	580.95	634.00	640.00	565.00	0.159 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 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 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 moving up

CCI has generated a SELL signal for Shanthi Gears in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 627.13 and Shanthi Gears (SHANTIGEAR) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.

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