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(SHANTI) Shanti Overseas complete technical analysis [charts+indicators] | Buy/Sell Shanti Overseas | (SHANTI) share price targets

Complete technical analysis of Shanti Overseas (SHANTI) by charts plus indicators, forecast predictions and share price targets for Shanti Overseas (SHANTI)

Showing technical analysis as on 2024-12-12 View latest technical analysis

10 day averaged volume of Shanti Overseas is 139026

Date	Daily Closing Price	Open	High	Low	Volume
12 Thu Dec 2024	15.45	15.78	15.85	14.78	6.048 times
11 Wed Dec 2024	15.47	16.01	16.78	15.40	0.718 times
10 Tue Dec 2024	15.91	16.33	17.30	15.70	7.968 times
09 Mon Dec 2024	16.33	16.90	17.88	16.25	0.816 times
06 Fri Dec 2024	16.56	15.84	17.00	15.84	0.1 times
05 Thu Dec 2024	15.84	16.18	16.47	15.80	0.062 times
04 Wed Dec 2024	16.18	16.15	16.95	15.91	0.125 times
03 Tue Dec 2024	16.15	16.46	16.46	16.02	0.027 times
02 Mon Dec 2024	16.39	15.66	16.46	15.66	0.089 times
29 Fri Nov 2024	15.88	16.11	16.45	15.81	0.03 times

Stock of Shanti Overseas (SHANTI) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 15.6, but if it comes above 15.6, then a intra day buy could be more profitable.
If you take a sell trade below 15.6, then use 15.6 as stoploss and 15.2 as target. However if you take a buy trade in stock , then use 15.6 as stoploss and 15.98 as target.

Share price targets for Shanti Overseas (SHANTI)

Target Type	Value
Downside Target	14.62
Upside Target	15.66
Upside Target	17.00
Upside Target	17.37
Upside Target	17.40
Upside Target	17.42
Upside Target	17.88
Upside Target	18.10
Upside Target	21.00
Upside Target	21.29

Intraday share price targets for Shanti Overseas (SHANTI)

Target Type	Value
Downside Intraday Target	14.19
Downside Intraday Target	12.94
Upside Intraday Target	17.29
Upside Intraday Target	19.14
Upside Intraday Target	16.04

Weekly technical analysis of Shanti Overseas (SHANTI)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Thu Dec 2024	15.45	16.90	17.88	14.78	38.557 times
06 Fri Dec 2024	16.56	15.66	17.00	15.66	0.643 times
29 Fri Nov 2024	15.88	16.72	17.40	15.80	1.028 times
22 Fri Nov 2024	16.70	16.70	17.06	14.62	0.823 times
14 Thu Nov 2024	16.39	17.37	17.37	14.70	1.044 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Shanti Overseas (SHANTI)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Thu Dec 2024	15.45	15.66	17.88	14.78	5.827 times
29 Fri Nov 2024	15.88	16.50	17.42	14.62	0.556 times
31 Thu Oct 2024	15.89	17.85	21.29	14.72	0.362 times
30 Mon Sep 2024	17.34	16.70	21.00	15.00	6.265 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Shanti Overseas (SHANTI)

Price action analysis of Shanti Overseas ( (SHANTI) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Shanti Overseas ( (SHANTI) ) based on a short to mid 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 Shanti Overseas ( (SHANTI) ) 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 Shanti Overseas stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Shanti Overseas in short term and the sell signal is strong.

Shanti Overseas 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 coming down

CCI has generated a SELL signal for Shanti Overseas 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 Shanti Overseas is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 15.75 and Shanti Overseas (SHANTI) 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 Shanti Overseas (SHANTI) stock. Volume based technical analysis of Shanti Overseas (SHANTI) stock is negative.

Shanti Overseas 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.