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(ShanthiGear) Shanthi Gear complete technical analysis [charts+indicators] | Buy/Sell Shanthi Gear | (ShanthiGear) share price targets

Complete technical analysis of Shanthi Gear (ShanthiGear) by charts plus indicators, forecast predictions and share price targets for Shanthi Gear (ShanthiGear)

10 day averaged volume of Shanthi Gear is 8130

Date	Daily Closing Price	Open	High	Low	Volume
03 Tue Oct 2023	452.55	448.35	467.35	448.35	0.178 times
29 Fri Sep 2023	457.25	448.05	460.80	448.05	0.468 times
28 Thu Sep 2023	454.55	484.60	484.60	451.30	5.093 times
27 Wed Sep 2023	456.85	457.00	462.00	452.00	0.609 times
26 Tue Sep 2023	456.70	464.95	464.95	454.60	0.173 times
25 Mon Sep 2023	461.50	460.65	470.65	460.65	0.099 times
22 Fri Sep 2023	460.65	466.30	472.40	456.50	1.205 times
21 Thu Sep 2023	466.70	476.70	476.70	464.80	0.318 times
20 Wed Sep 2023	473.30	470.00	478.75	470.00	0.611 times
18 Mon Sep 2023	477.20	484.70	489.25	475.00	0.302 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 459.4, but if it comes above 459.4, then a intra day buy could be more profitable.
If you take a sell trade below 459.4, then use 459.4 as stoploss and 438.3 as target. However if you take a buy trade in stock , then use 459.4 as stoploss and 476.93 as target.

Share price targets for Shanthi Gear (ShanthiGear)

Target Type	Value
Downside Target	421.90
Downside Target	442.00
Upside Target	466.10
Upside Target	477.75
Upside Target	480.00
Upside Target	484.60
Upside Target	489.25
Upside Target	493.30
Upside Target	509.00
Upside Target	527.00

Intraday share price targets for Shanthi Gear (ShanthiGear)

Target Type	Value
Downside Intraday Target	444.82
Downside Intraday Target	437.08
Upside Intraday Target	463.82
Upside Intraday Target	475.08
Upside Intraday Target	456.08

Weekly technical analysis of Shanthi Gear (ShanthiGear)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Tue Oct 2023	452.55	448.35	467.35	448.35	0.028 times
29 Fri Sep 2023	457.25	460.65	484.60	448.05	2.644 times
22 Fri Sep 2023	460.65	484.70	489.25	456.50	0.191 times
15 Fri Sep 2023	484.70	485.05	527.00	466.10	1.769 times
08 Fri Sep 2023	482.95	496.50	509.00	477.75	1.515 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 Gear (ShanthiGear)

Date	Monthly Closing Price	Open	High	Low	Volume
03 Tue Oct 2023	452.55	448.35	467.35	448.35	0.006 times
29 Fri Sep 2023	457.25	455.55	527.00	448.05	3.358 times
31 Thu Aug 2023	455.40	461.60	467.05	442.00	0.466 times
31 Mon Jul 2023	458.80	470.05	480.00	428.65	0.54 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 Gear (ShanthiGear)

Price action analysis of Shanthi Gear ( (ShanthiGear) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Shanthi Gear ( (ShanthiGear) ) 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 Gear ( (ShanthiGear) ) 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 Gear ( (ShanthiGear) ) 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 Gear stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Shanthi Gear in short term and the sell signal is strong.

Shanthi Gear 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 coming down

CCI has generated a buy signal for Shanthi Gear 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 Gear is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 458.18 and Shanthi Gear (ShanthiGear) 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 Gear (ShanthiGear) stock. Volume based technical analysis of Shanthi Gear (ShanthiGear) stock is negative.

Shanthi Gear Stock has given negative 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.