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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 8187

Date	Daily Closing Price	Open	High	Low	Volume
27 Wed Sep 2023	456.85	457.00	462.00	452.00	0.605 times
26 Tue Sep 2023	456.70	464.95	464.95	454.60	0.172 times
25 Mon Sep 2023	461.50	460.65	470.65	460.65	0.098 times
22 Fri Sep 2023	460.65	466.30	472.40	456.50	1.197 times
21 Thu Sep 2023	466.70	476.70	476.70	464.80	0.316 times
20 Wed Sep 2023	473.30	470.00	478.75	470.00	0.606 times
18 Mon Sep 2023	477.20	484.70	489.25	475.00	0.3 times
15 Fri Sep 2023	484.70	490.00	496.35	477.80	1.114 times
14 Thu Sep 2023	488.35	501.55	501.70	484.00	1.349 times
13 Wed Sep 2023	491.70	502.95	504.00	466.10	2.725 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 461.5, but if it comes above 461.5, then a intra day buy could be more profitable.
If you take a sell trade below 461.5, then use 461.5 as stoploss and 440.7 as target. However if you take a buy trade in stock , then use 461.5 as stoploss and 478.71 as target.

Share price targets for Shanthi Gear (ShanthiGear)

Target Type	Value
Downside Target	354.55
Downside Target	421.90
Downside Target	442.00
Upside Target	466.10
Upside Target	477.75
Upside Target	480.00
Upside Target	489.25
Upside Target	493.30
Upside Target	499.00
Upside Target	509.00
Upside Target	527.00

Intraday share price targets for Shanthi Gear (ShanthiGear)

Target Type	Value
Downside Intraday Target	449.02
Downside Intraday Target	441.18
Upside Intraday Target	467.67
Upside Intraday Target	478.48
Upside Intraday Target	459.83

Weekly technical analysis of Shanthi Gear (ShanthiGear)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Wed Sep 2023	456.85	460.65	470.65	452.00	0.362 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
01 Fri Sep 2023	492.70	453.05	499.00	443.05	1.875 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
27 Wed Sep 2023	456.85	455.55	527.00	452.00	2.774 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
30 Fri Jun 2023	471.15	440.40	493.30	421.90	1.279 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 Gear (ShanthiGear)

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 SELL. Signal strength is Strong and stock is gaining momentum.

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

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 moving up

CCI has generated a SELL signal for Shanthi Gear in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying 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 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 479.56 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.