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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.

10 day averaged volume of Shanthi Gears is 72836

Date	Daily Closing Price	Open	High	Low	Volume
19 Fri Apr 2024	546.25	551.25	556.85	541.50	0.416 times
18 Thu Apr 2024	551.25	555.95	559.80	545.20	0.41 times
16 Tue Apr 2024	556.00	554.55	564.00	554.00	0.338 times
15 Mon Apr 2024	558.00	560.90	564.95	551.00	0.454 times
12 Fri Apr 2024	573.75	580.00	580.00	570.15	0.557 times
10 Wed Apr 2024	581.20	561.00	621.40	554.05	5.332 times
09 Tue Apr 2024	560.75	553.00	562.30	551.15	0.325 times
08 Mon Apr 2024	552.65	572.00	575.00	550.00	0.454 times
05 Fri Apr 2024	567.75	567.80	569.65	559.50	0.353 times
04 Thu Apr 2024	565.55	553.10	577.55	536.10	1.516 times

My analysis of stock is bearish for shortterm, and stock might move down till 523.3 or till 493.9. Use a stoploss of 547.8 and if the stock hits stoploss, then it can shoot up till 572.3

Share price targets for Shanthi Gears (SHANTIGEAR)

Target Type	Value
Downside Target	473.30
Downside Target	525.00
Downside Target	536.10
Upside Target	564.75
Upside Target	564.95
Upside Target	577.55
Upside Target	621.40
Upside Target	623.75
Upside Target	644.40

Intraday share price targets for Shanthi Gears (SHANTIGEAR)

Target Type	Value
Downside Intraday Target	536.85
Downside Intraday Target	527.45
Upside Intraday Target	560.3
Upside Intraday Target	574.35
Upside Intraday Target	550.9

Weekly technical analysis of Shanthi Gears (SHANTIGEAR)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Fri Apr 2024	546.25	560.90	564.95	541.50	0.243 times
12 Fri Apr 2024	573.75	572.00	621.40	550.00	1.841 times
05 Fri Apr 2024	567.75	564.40	577.55	536.10	0.775 times
28 Thu Mar 2024	554.05	555.00	564.75	525.00	0.693 times
22 Fri Mar 2024	553.85	492.00	559.40	479.75	2.494 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
19 Fri Apr 2024	546.25	564.40	621.40	536.10	0.737 times
28 Thu Mar 2024	554.05	520.95	564.75	473.30	1.936 times
29 Thu Feb 2024	520.20	548.00	551.95	482.15	0.256 times
31 Wed Jan 2024	546.65	601.40	644.40	525.10	1.014 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 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 to mid 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 mid to longer 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.

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 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 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 571.54 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 positive

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