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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 2024-03-26 View latest technical analysis

10 day averaged volume of Shanthi Gears is 68710

Date	Daily Closing Price	Open	High	Low	Volume
26 Tue Mar 2024	550.50	555.00	564.75	543.95	1.626 times
22 Fri Mar 2024	553.85	512.90	559.40	512.90	6.084 times
21 Thu Mar 2024	507.35	488.80	529.50	488.80	0.397 times
20 Wed Mar 2024	486.35	497.85	497.85	481.40	0.225 times
19 Tue Mar 2024	492.40	498.05	500.95	490.00	0.149 times
18 Mon Mar 2024	495.80	492.00	500.05	479.75	0.283 times
15 Fri Mar 2024	486.65	494.00	498.80	482.25	0.313 times
14 Thu Mar 2024	494.75	486.65	508.15	473.30	0.54 times
13 Wed Mar 2024	494.05	525.65	528.80	487.00	0.842 times
12 Tue Mar 2024	523.95	517.40	530.00	501.00	0.724 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 554.3, for a target of 532.3 or 513.9

Share price targets for Shanthi Gears (SHANTIGEAR)

Target Type	Value
Downside Target	450.00
Downside Target	473.30
Downside Target	507.55
Downside Target	525.10
Downside Target	543.95
Downside Target	544.80
Upside Target	551.95
Upside Target	559.40
Upside Target	564.75
Upside Target	623.75
Upside Target	644.40

Intraday share price targets for Shanthi Gears (SHANTIGEAR)

Target Type	Value
Downside Intraday Target	541.38
Downside Intraday Target	532.27
Upside Intraday Target	562.18
Upside Intraday Target	573.87
Upside Intraday Target	553.07

Weekly technical analysis of Shanthi Gears (SHANTIGEAR)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Tue Mar 2024	550.50	555.00	564.75	543.95	0.228 times
22 Fri Mar 2024	553.85	492.00	559.40	479.75	2.494 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

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
26 Tue Mar 2024	550.50	520.95	564.75	473.30	1.56 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 up this month, and volume has increased substantially. This means that the move can 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 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 short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 BUY. 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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Shanthi Gears Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls 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 buy signal for Shanthi Gears in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 536.89 and Shanthi Gears (SHANTIGEAR) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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.