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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 2024-03-06 View latest technical analysis

10 day averaged volume of Shanthi Gears is 23882

Date	Daily Closing Price	Open	High	Low	Volume
06 Wed Mar 2024	517.05	513.50	519.35	512.85	1.078 times
05 Tue Mar 2024	518.35	517.00	522.00	513.40	0.832 times
04 Mon Mar 2024	517.00	530.00	532.95	515.00	0.876 times
02 Sat Mar 2024	530.25	529.05	534.85	529.05	0.097 times
01 Fri Mar 2024	529.05	520.95	534.90	512.05	2.588 times
29 Thu Feb 2024	520.20	520.80	525.00	512.60	0.672 times
28 Wed Feb 2024	518.70	512.00	524.20	510.00	1.95 times
27 Tue Feb 2024	510.45	516.05	517.70	507.55	0.652 times
26 Mon Feb 2024	513.45	516.00	521.40	511.10	0.728 times
23 Fri Feb 2024	518.55	526.35	528.55	510.00	0.951 times

My analysis of stock is bearish for shortterm, and stock might move down till 512.5 or till 503.5. Use a stoploss of 519.98 and if the stock hits stoploss, then it can shoot up till 527.45

Share price targets for Shanthi Gears (SHANTIGEAR)

Target Type	Value
Downside Target	450.00
Downside Target	482.15
Downside Target	505.65
Upside Target	525.10
Upside Target	534.90
Upside Target	537.00
Upside Target	544.80
Upside Target	545.00
Upside Target	551.95
Upside Target	623.75
Upside Target	644.40

Intraday share price targets for Shanthi Gears (SHANTIGEAR)

Target Type	Value
Downside Intraday Target	508.95
Downside Intraday Target	500.85
Upside Intraday Target	529.05
Upside Intraday Target	541.05
Upside Intraday Target	520.95

Weekly technical analysis of Shanthi Gears (SHANTIGEAR)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Wed Mar 2024	517.05	530.00	532.95	512.85	0.417 times
02 Sat Mar 2024	530.25	516.00	534.90	507.55	1.284 times
23 Fri Feb 2024	518.55	528.00	537.00	510.00	0.821 times
16 Fri Feb 2024	525.35	516.55	528.30	482.15	0.942 times
09 Fri Feb 2024	513.95	542.90	545.00	505.65	0.466 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
06 Wed Mar 2024	517.05	520.95	534.90	512.05	0.215 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
29 Fri Dec 2023	600.50	492.70	623.75	487.90	0.689 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 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 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 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 Shanthi Gears ( (SHANTIGEAR) ) based on a mid to longer 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

ADX buy sell signal for Shanthi Gears stock for short term is SELL. 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.

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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above 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

Stock of Shanthi Gears is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 520.24 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.