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Stock analysis Shanthi Gears Limited SHANTIGEAR

More indepth analysis on MunafaSutra.com

Moving Averages for Shanthi Gears Limited

  • 5Day Average: 611.1
  • 12Day Average: 611.58
  • 20Day Average: 611.89
  • 50Day Average: 620.75
  • 100Day Average: 592.1
  • 150Day Average: 572.43
  • 200Day Average: 566.53

SHANTIGEAR Indicators & signals

Indicator MACD (12,26,9)

611.78, 611.13, 0.26
Indicator MACD is in positive zone

Indicator ADX (14)

13.23, 15.33, 20
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 55
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SHANTIGEAR Shanthi Gears Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
13 Fri Sep 2024 615.00 605.85 to 618.90 1.65% 0.27 times
12 Thu Sep 2024 605.00 603.25 to 614.20 -1.22% 0.46 times
11 Wed Sep 2024 612.50 610.00 to 624.40 -0.57% 0.48 times
10 Tue Sep 2024 616.00 607.00 to 619.50 1.48% 0.52 times
09 Mon Sep 2024 607.00 603.20 to 635.00 -1.54% 0.59 times
06 Fri Sep 2024 616.50 615.05 to 636.30 -2.6% 0.64 times
05 Thu Sep 2024 632.95 626.55 to 640.95 2.97% 1.99 times
04 Wed Sep 2024 614.70 590.95 to 622.00 1.86% 4.47 times
03 Tue Sep 2024 603.50 602.00 to 611.40 -0.8% 0.18 times
02 Mon Sep 2024 608.35 598.55 to 612.10 1.11% 0.4 times
30 Fri Aug 2024 601.70 600.00 to 611.95 -0.66% 0.28 times
29 Thu Aug 2024 605.70 603.05 to 615.90 0% 0.37 times

Technical analysis forecast of Shanthi Gears Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Shanthi Gears Limited SHANTIGEAR at this time. Stock is rising and might rise more.

It appears as if Shanthi Gears Limited SHANTIGEAR gave a large move recently.

Stock of Shanthi Gears Limited (SHANTIGEAR) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of Shanthi Gears Limited is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 618.5 as stoploss in an intra day sell trade for a target of 611.26. However, stock will show a bullish move above 618.5.

More indepth analysis on MunafaSutra.com