Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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)

Target Type Value
Downside Target 78.50
Downside Target 80.60
Downside Target 82.60
Downside Target 86.70
Upside Target 90.10
Upside Target 106.60
Upside Target 111.65
Upside Target 117.50
Upside Target 131.00
Upside Target 144.00
Upside Target 155.00
Upside Target 165.65
Upside Target 192.70
Upside Target 229.85
Upside Target 242.55

Intraday share price targets for Shrigang Ind (ShrigangInd)

Target Type Value
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
MACD -31, -31Buy
Stochastics 23Sell
CCI -3Buy
RSI 56Buy
OBV -6984Sell
VWAP 88Buy
ADL 0Sell
ROC -16Sell
Force Index 0Sell

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.

Click here for Shrigang Ind charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme