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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 2024-10-17 View latest technical analysis

10 day averaged volume of Shanthi Gears is 24250

Date	Daily Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	609.90	620.65	630.00	603.35	0.955 times
16 Wed Oct 2024	618.75	605.00	626.45	600.30	1.143 times
15 Tue Oct 2024	605.25	603.15	609.40	598.55	0.604 times
14 Mon Oct 2024	603.15	614.00	615.95	598.10	0.52 times
11 Fri Oct 2024	614.40	603.00	617.95	597.00	0.811 times
10 Thu Oct 2024	602.00	603.90	614.95	596.90	0.776 times
09 Wed Oct 2024	602.40	583.90	612.30	583.90	1.191 times
08 Tue Oct 2024	580.95	581.00	587.90	570.20	1.053 times
07 Mon Oct 2024	578.10	603.00	608.65	565.00	1.57 times
04 Fri Oct 2024	602.00	622.70	624.95	596.20	1.156 times

My analysis of stock is bearish for shortterm, and stock might move down till 593.7 or till 571.1. Use a stoploss of 612.5 and if the stock hits stoploss, then it can shoot up till 631.31

Share price targets for Shanthi Gears (SHANTIGEAR)

Target Type	Value
Downside Target	486.45
Downside Target	565.00
Downside Target	595.50
Upside Target	617.95
Upside Target	620.00
Upside Target	630.00
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	595.33
Downside Intraday Target	580.77
Upside Intraday Target	627.23
Upside Intraday Target	644.57
Upside Intraday Target	612.67

Weekly technical analysis of Shanthi Gears (SHANTIGEAR)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	609.90	614.00	630.00	598.10	0.597 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
17 Thu Oct 2024	609.90	634.00	640.00	565.00	0.323 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 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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 but the buy signal is initial and weak.

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. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

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 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 599.96 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.