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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 2024-10-22 View latest technical analysis

10 day averaged volume of Shanthi Gears is 22120

Date	Daily Closing Price	Open	High	Low	Volume
22 Tue Oct 2024	592.75	598.25	623.00	585.05	9.157 times
21 Mon Oct 2024	595.25	603.05	605.75	593.00	1.251 times
18 Fri Oct 2024	604.15	605.00	611.15	586.95	1.018 times
17 Thu Oct 2024	609.90	620.65	630.00	603.35	1.047 times
16 Wed Oct 2024	618.75	605.00	626.45	600.30	1.253 times
15 Tue Oct 2024	605.25	603.15	609.40	598.55	0.662 times
14 Mon Oct 2024	603.15	614.00	615.95	598.10	0.57 times
11 Fri Oct 2024	614.40	603.00	617.95	597.00	0.889 times
10 Thu Oct 2024	602.00	603.90	614.95	596.90	0.85 times
09 Wed Oct 2024	602.40	583.90	612.30	583.90	1.305 times

Stock of Shanthi Gears (SHANTIGEAR) 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 stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 592.7 as stoploss in an intra day buy trade for a target of 611.58. However, stock will show a bearish move below 592.7.

Share price targets for Shanthi Gears (SHANTIGEAR)

Target Type	Value
Downside Target	486.45
Downside Target	565.00
Upside Target	617.95
Upside Target	623.00
Upside Target	630.00
Upside Target	640.00
Upside Target	647.15
Upside Target	660.00
Upside Target	668.00
Upside Target	703.00

Intraday share price targets for Shanthi Gears (SHANTIGEAR)

Target Type	Value
Downside Intraday Target	577.53
Downside Intraday Target	562.32
Upside Intraday Target	615.48
Upside Intraday Target	638.22
Upside Intraday Target	600.27

Weekly technical analysis of Shanthi Gears (SHANTIGEAR)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Tue Oct 2024	592.75	603.05	623.00	585.05	2.287 times
18 Fri Oct 2024	604.15	614.00	630.00	586.95	0.769 times
11 Fri Oct 2024	614.40	603.00	617.95	565.00	1.245 times
04 Fri Oct 2024	602.00	649.00	660.00	596.20	0.308 times
27 Fri Sep 2024	647.00	609.35	668.00	602.00	3.648 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 Shanthi Gears (SHANTIGEAR)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Tue Oct 2024	592.75	634.00	640.00	565.00	0.608 times
30 Mon Sep 2024	631.10	604.90	668.00	579.30	1.319 times
30 Fri Aug 2024	601.70	644.30	647.15	573.75	0.257 times
31 Wed Jul 2024	640.95	641.20	703.00	602.00	2.753 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 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 term time period is neutral. A longer time frame might give a better analysis.

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 neutral. A longer time frame might give a better analysis.

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 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 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 Shanthi Gears is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 599.37 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 is giving positive 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.