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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 2024-11-12 View latest technical analysis

10 day averaged volume of Shanthi Gears is 15460

Date	Daily Closing Price	Open	High	Low	Volume
12 Tue Nov 2024	534.55	545.15	558.75	530.25	1.707 times
11 Mon Nov 2024	539.20	555.05	560.25	536.10	1.269 times
08 Fri Nov 2024	554.10	558.70	561.80	547.00	0.87 times
07 Thu Nov 2024	557.30	557.00	562.20	554.55	0.683 times
06 Wed Nov 2024	557.15	559.65	564.70	554.10	1.707 times
05 Tue Nov 2024	558.25	557.15	563.55	553.55	0.662 times
04 Mon Nov 2024	554.35	561.80	561.80	549.55	0.631 times
01 Fri Nov 2024	561.80	564.55	564.70	553.50	0.65 times
31 Thu Oct 2024	558.40	548.15	562.90	545.00	0.794 times
30 Wed Oct 2024	548.15	548.70	554.90	541.75	1.36 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 542.6, but if it comes above 542.6, then a intra day buy could be more profitable.
If you take a sell trade below 542.6, then use 542.6 as stoploss and 512.1 as target. However if you take a buy trade in stock , then use 542.6 as stoploss and 568.1 as target.

Share price targets for Shanthi Gears (SHANTIGEAR)

Target Type	Value
Downside Target	530.25
Upside Target	547.00
Upside Target	560.25
Upside Target	586.95
Upside Target	602.00
Upside Target	623.00
Upside Target	630.00
Upside Target	640.00
Upside Target	647.15
Upside Target	668.00
Upside Target	703.00

Intraday share price targets for Shanthi Gears (SHANTIGEAR)

Target Type	Value
Downside Intraday Target	523.12
Downside Intraday Target	511.68
Upside Intraday Target	553.12
Upside Intraday Target	571.68
Upside Intraday Target	541.68

Weekly technical analysis of Shanthi Gears (SHANTIGEAR)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Tue Nov 2024	534.55	555.05	560.25	530.25	0.654 times
08 Fri Nov 2024	554.10	561.80	564.70	547.00	0.758 times
01 Fri Nov 2024	561.80	547.20	564.70	532.05	0.263 times
25 Fri Oct 2024	542.35	603.05	623.00	535.95	3.508 times
18 Fri Oct 2024	604.15	614.00	630.00	586.95	0.769 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
12 Tue Nov 2024	534.55	564.55	564.70	530.25	0.17 times
31 Thu Oct 2024	558.40	634.00	640.00	532.05	0.84 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

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 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 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 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

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 550.07 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.