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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 2024-03-19 View latest technical analysis

10 day averaged volume of Shanthi Gears is 30155

Date	Daily Closing Price	Open	High	Low	Volume
19 Tue Mar 2024	492.40	498.05	500.95	490.00	0.341 times
18 Mon Mar 2024	495.80	492.00	500.05	479.75	0.644 times
15 Fri Mar 2024	486.65	494.00	498.80	482.25	0.713 times
14 Thu Mar 2024	494.75	486.65	508.15	473.30	1.231 times
13 Wed Mar 2024	494.05	525.65	528.80	487.00	1.919 times
12 Tue Mar 2024	523.95	517.40	530.00	501.00	1.649 times
11 Mon Mar 2024	514.80	515.10	519.10	513.20	1.009 times
07 Thu Mar 2024	516.50	515.00	522.00	515.00	0.626 times
06 Wed Mar 2024	517.05	513.50	519.35	512.85	0.854 times
05 Tue Mar 2024	518.35	517.00	522.00	513.40	0.659 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 500.3, but if it comes above 500.3, then a intra day buy could be more profitable.
If you take a sell trade below 500.3, then use 500.3 as stoploss and 485 as target. However if you take a buy trade in stock , then use 500.3 as stoploss and 513.08 as target.

Share price targets for Shanthi Gears (SHANTIGEAR)

Target Type	Value
Downside Target	450.00
Downside Target	473.30
Upside Target	500.95
Upside Target	525.10
Upside Target	532.95
Upside Target	534.90
Upside Target	537.00
Upside Target	544.80
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	481.12
Downside Intraday Target	469.83
Upside Intraday Target	502.32
Upside Intraday Target	512.23
Downside Intraday Target	491.03

Weekly technical analysis of Shanthi Gears (SHANTIGEAR)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Tue Mar 2024	492.40	492.00	500.95	479.75	0.151 times
15 Fri Mar 2024	486.65	515.10	530.00	473.30	2.301 times
07 Thu Mar 2024	516.50	530.00	532.95	512.85	0.535 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

Price has moved up 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 Tue Mar 2024	492.40	520.95	534.90	473.30	0.619 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 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 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 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 Strong and stock is losing momentum.

MACD generated a SELL signal for Shanthi Gears in short term and the sell signal is strong.

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 below the red cloud Prices appear to be coming down

CCI has generated a buy signal for Shanthi Gears in short term but BUY signal is weak.

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

MRSI is in positive zone. This is a BUY 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 506.09 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.