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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 2024-11-04 View latest technical analysis

10 day averaged volume of Shanthi Gears is 44600

Date	Daily Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	554.35	561.80	561.80	549.55	0.219 times
01 Fri Nov 2024	561.80	564.55	564.70	553.50	0.225 times
31 Thu Oct 2024	558.40	548.15	562.90	545.00	0.275 times
30 Wed Oct 2024	548.15	548.70	554.90	541.75	0.471 times
29 Tue Oct 2024	547.90	548.30	556.90	535.00	0.476 times
28 Mon Oct 2024	545.55	547.20	553.40	532.05	0.634 times
25 Fri Oct 2024	542.35	585.05	585.05	535.95	1.519 times
24 Thu Oct 2024	582.10	600.00	602.00	580.25	0.292 times
23 Wed Oct 2024	600.00	590.00	608.00	575.00	0.944 times
22 Tue Oct 2024	592.75	598.25	623.00	585.05	4.542 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 558, but if it comes above 558, then a intra day buy could be more profitable.
If you take a sell trade below 558, then use 558 as stoploss and 527.4 as target. However if you take a buy trade in stock , then use 558 as stoploss and 583.48 as target.

Share price targets for Shanthi Gears (SHANTIGEAR)

Target Type	Value
Downside Target	532.05
Downside Target	549.55
Upside Target	561.80
Upside Target	602.00
Upside Target	617.95
Upside Target	623.00
Upside Target	630.00
Upside Target	640.00
Upside Target	647.15
Upside Target	668.00
Upside Target	703.00

Intraday share price targets for Shanthi Gears (SHANTIGEAR)

Target Type	Value
Downside Intraday Target	548.67
Downside Intraday Target	542.98
Upside Intraday Target	560.92
Upside Intraday Target	567.48
Upside Intraday Target	555.23

Weekly technical analysis of Shanthi Gears (SHANTIGEAR)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	554.35	561.80	561.80	549.55	0.105 times
01 Fri Nov 2024	561.80	547.20	564.70	532.05	0.263 times
25 Fri Oct 2024	542.35	603.05	623.00	535.95	3.508 times
18 Fri Oct 2024	604.15	614.00	630.00	586.95	0.769 times
11 Fri Oct 2024	614.40	603.00	617.95	565.00	1.245 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 Mon Nov 2024	554.35	564.55	564.70	549.55	0.027 times
31 Thu Oct 2024	558.40	634.00	640.00	532.05	0.84 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

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 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 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 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 weakening, and bulls are picking up momentum!

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 and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing 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 575.04 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.