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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 2024-10-15 View latest technical analysis

10 day averaged volume of Shanthi Gears is 24873

Date	Daily Closing Price	Open	High	Low	Volume
15 Tue Oct 2024	605.25	603.15	609.40	598.55	0.589 times
14 Mon Oct 2024	603.15	614.00	615.95	598.10	0.507 times
11 Fri Oct 2024	614.40	603.00	617.95	597.00	0.79 times
10 Thu Oct 2024	602.00	603.90	614.95	596.90	0.756 times
09 Wed Oct 2024	602.40	583.90	612.30	583.90	1.161 times
08 Tue Oct 2024	580.95	581.00	587.90	570.20	1.026 times
07 Mon Oct 2024	578.10	603.00	608.65	565.00	1.53 times
04 Fri Oct 2024	602.00	622.70	624.95	596.20	1.127 times
03 Thu Oct 2024	612.30	630.00	634.70	601.10	1.149 times
01 Tue Oct 2024	631.70	634.00	640.00	624.00	0.845 times

My analysis of stock is bearish for shortterm, and stock might move down till 592.3 or till 569.5. Use a stoploss of 611.34 and if the stock hits stoploss, then it can shoot up till 630.34

Share price targets for Shanthi Gears (SHANTIGEAR)

Target Type	Value
Downside Target	486.45
Downside Target	565.00
Downside Target	595.50
Upside Target	615.95
Upside Target	617.95
Upside Target	620.00
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	596.92
Downside Intraday Target	588.58
Upside Intraday Target	614.77
Upside Intraday Target	624.28
Upside Intraday Target	606.43

Weekly technical analysis of Shanthi Gears (SHANTIGEAR)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Tue Oct 2024	605.25	614.00	615.95	598.10	0.208 times
11 Fri Oct 2024	614.40	603.00	617.95	565.00	1.245 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

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
15 Tue Oct 2024	605.25	634.00	640.00	565.00	0.266 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 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 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 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 BUY. 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 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 weakening, and bulls are picking up momentum!

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 but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 601.11 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 negative.

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