(ShrigangInd) Shrigang Ind complete technical analysis [charts+indicators] | Buy/Sell Shrigang Ind | (ShrigangInd) share price targets
Complete technical analysis of Shrigang Ind (ShrigangInd) by charts plus indicators, forecast predictions and share price targets for Shrigang Ind (ShrigangInd)
10 day averaged volume of Shrigang Ind is 1467
|Date||Daily Closing Price||Open||High||Low||Volume|
|02 Fri Dec 2022||90.00||87.85||90.10||87.85||2.077 times|
|01 Thu Dec 2022||85.85||80.60||88.55||80.60||0.806 times|
|30 Wed Nov 2022||84.50||86.90||86.90||80.70||1.859 times|
|29 Tue Nov 2022||84.90||89.80||89.80||82.10||0.943 times|
|28 Mon Nov 2022||86.40||86.00||86.70||78.50||1.239 times|
|25 Fri Nov 2022||82.60||82.60||86.00||82.60||1.471 times|
|24 Thu Nov 2022||86.90||86.90||90.70||86.90||1.429 times|
|23 Wed Nov 2022||91.45||96.25||96.25||91.45||0.362 times|
|22 Tue Nov 2022||96.25||101.30||101.30||96.25||0.945 times|
|21 Mon Nov 2022||101.30||111.80||111.80||101.30||0.544 times|
Stock of Shrigang Ind (ShrigangInd) has showed a significant upmove. This could be a good time to enter in 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 87.9 as stoploss in an intra day buy trade for a target of 104.64. However, stock will show a bearish move below 87.9.
Share price targets for Shrigang Ind (ShrigangInd)
Intraday share price targets for Shrigang Ind (ShrigangInd)
|Downside Intraday Target||82.3|
|Downside Intraday Target||74.6|
|Upside Intraday Target||93.9|
|Upside Intraday Target||97.8|
|Downside Intraday Target||86.2|
Weekly technical analysis of Shrigang Ind (ShrigangInd)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|02 Fri Dec 2022||90.00||86.00||90.10||78.50||1.457 times|
|25 Fri Nov 2022||82.60||111.80||111.80||82.60||1.154 times|
|18 Fri Nov 2022||106.60||128.75||131.25||106.60||0.479 times|
|11 Fri Nov 2022||125.00||111.65||131.00||111.65||4.075 times|
|04 Fri Nov 2022||117.50||155.00||155.00||117.50||0.678 times|
Price has moved up 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 Shrigang Ind (ShrigangInd)
|Date||Monthly Closing Price||Open||High||Low||Volume|
|02 Fri Dec 2022||90.00||80.60||90.10||80.60||0.125 times|
|30 Wed Nov 2022||84.50||144.20||144.20||78.50||1.294 times|
|31 Mon Oct 2022||144.20||183.00||192.70||144.00||0.248 times|
|30 Fri Sep 2022||184.95||241.30||242.55||165.65||0.584 times|
Scroll below to view daily charts
Price has moved up 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 Shrigang Ind (ShrigangInd)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||12, 36, 50||Sell|
Price action analysis of Shrigang Ind ( (ShrigangInd) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Shrigang Ind ( (ShrigangInd) ) 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 Shrigang Ind ( (ShrigangInd) ) 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 Shrigang Ind ( (ShrigangInd) ) 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 Shrigang Ind stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Shrigang Ind in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Shrigang Ind 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 buy signal for Shrigang Ind in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Shrigang Ind is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 87.81 and Shrigang Ind (ShrigangInd) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the Shrigang Ind (ShrigangInd) stock. Volume based technical analysis of Shrigang Ind (ShrigangInd) stock is negative.
Shrigang Ind 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.