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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 2024-12-24 View latest technical analysis

10 day averaged volume of Shanthi Gears is 18501

Date	Daily Closing Price	Open	High	Low	Volume
24 Tue Dec 2024	490.45	487.65	492.90	475.00	1.938 times
23 Mon Dec 2024	482.30	494.55	501.95	477.95	2.526 times
20 Fri Dec 2024	496.50	523.05	523.05	494.00	1.397 times
19 Thu Dec 2024	515.30	521.00	521.05	512.05	0.597 times
18 Wed Dec 2024	518.30	526.00	529.70	512.55	0.942 times
17 Tue Dec 2024	523.20	525.60	533.10	522.00	0.701 times
16 Mon Dec 2024	530.45	531.50	534.55	525.00	0.582 times
13 Fri Dec 2024	528.70	531.15	532.50	522.80	0.656 times
12 Thu Dec 2024	536.10	539.55	542.05	533.00	0.494 times
11 Wed Dec 2024	539.55	539.80	543.80	535.10	1.196 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 489.2, for a target of 507.2 or 522.18

Share price targets for Shanthi Gears (SHANTIGEAR)

Target Type	Value
Downside Target	475.00
Downside Target	490.00
Upside Target	517.10
Upside Target	543.80
Upside Target	564.70
Upside Target	573.75
Upside Target	579.30
Upside Target	640.00
Upside Target	647.15
Upside Target	668.00

Intraday share price targets for Shanthi Gears (SHANTIGEAR)

Target Type	Value
Downside Intraday Target	476.32
Downside Intraday Target	462.18
Upside Intraday Target	503.27
Upside Intraday Target	516.08
Downside Intraday Target	489.13

Weekly technical analysis of Shanthi Gears (SHANTIGEAR)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Tue Dec 2024	490.45	494.55	501.95	475.00	1.058 times
20 Fri Dec 2024	496.50	531.50	534.55	494.00	0.901 times
13 Fri Dec 2024	528.70	523.50	543.80	522.80	0.899 times
06 Fri Dec 2024	527.60	517.80	534.95	517.10	1.057 times
29 Fri Nov 2024	523.05	505.00	529.70	501.95	0.887 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
24 Tue Dec 2024	490.45	517.80	543.80	475.00	0.846 times
29 Fri Nov 2024	523.05	564.55	564.70	490.00	0.545 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

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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 moving up

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 506.91 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.