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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 2024-03-20 View latest technical analysis

10 day averaged volume of Shanthi Gears is 29089

Date	Daily Closing Price	Open	High	Low	Volume
20 Wed Mar 2024	486.35	497.85	497.85	481.40	0.531 times
19 Tue Mar 2024	492.40	498.05	500.95	490.00	0.353 times
18 Mon Mar 2024	495.80	492.00	500.05	479.75	0.668 times
15 Fri Mar 2024	486.65	494.00	498.80	482.25	0.739 times
14 Thu Mar 2024	494.75	486.65	508.15	473.30	1.277 times
13 Wed Mar 2024	494.05	525.65	528.80	487.00	1.99 times
12 Tue Mar 2024	523.95	517.40	530.00	501.00	1.71 times
11 Mon Mar 2024	514.80	515.10	519.10	513.20	1.046 times
07 Thu Mar 2024	516.50	515.00	522.00	515.00	0.649 times
06 Wed Mar 2024	517.05	513.50	519.35	512.85	0.885 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 481, for a target of 497.4 or 511.19

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	477.08
Downside Intraday Target	467.82
Upside Intraday Target	498.28
Upside Intraday Target	510.22
Upside Intraday Target	489.02

Weekly technical analysis of Shanthi Gears (SHANTIGEAR)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Wed Mar 2024	486.35	492.00	500.95	479.75	0.23 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 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
20 Wed Mar 2024	486.35	520.95	534.90	473.30	0.644 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 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 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 gaining 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 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

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 504.17 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.