Stock analysis Shanthi Gears Limited SHANTIGEAR
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Recent prices of SHANTIGEAR Shanthi Gears Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 19 Tue Nov 2024 | 505.55 | 500.25 to 518.05 | 0.56% | 1.24 times |
| 18 Mon Nov 2024 | 502.75 | 496.10 to 519.70 | -2.78% | 0.92 times |
| 14 Thu Nov 2024 | 517.15 | 497.70 to 519.70 | 2.37% | 1.12 times |
| 13 Wed Nov 2024 | 505.20 | 500.00 to 540.00 | -5.49% | 2.74 times |
| 12 Tue Nov 2024 | 534.55 | 530.25 to 558.75 | -0.86% | 1.18 times |
| 11 Mon Nov 2024 | 539.20 | 536.10 to 560.25 | -2.69% | 0.88 times |
| 08 Fri Nov 2024 | 554.10 | 547.00 to 561.80 | -0.57% | 0.6 times |
| 07 Thu Nov 2024 | 557.30 | 554.55 to 562.20 | 0.03% | 0.47 times |
| 06 Wed Nov 2024 | 557.15 | 554.10 to 564.70 | -0.2% | 1.18 times |
| 05 Tue Nov 2024 | 558.25 | 553.55 to 563.55 | 0.7% | 0.46 times |
| 04 Mon Nov 2024 | 554.35 | 549.55 to 561.80 | -1.33% | 0.44 times |
| 01 Fri Nov 2024 | 561.80 | 553.50 to 564.70 | 0.61% | 0.45 times |
Technical analysis forecast for Shanthi Gears Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Shanthi Gears Limited SHANTIGEAR at this time. Stock is falling and might fall more.
It appears as if Shanthi Gears Limited SHANTIGEAR gave a large move recently.
Stock of Shanthi Gears Limited (SHANTIGEAR) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
My analysis of Shanthi Gears Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Shanthi Gears Limited stays below 519.8, but if it comes above 519.8, then a intra day buy could be more profitable.
If you take a sell trade below 519.8, then use 519.8 as stoploss and 488.7 as target. However if you take a buy trade in Shanthi Gears Limited, then use 519.8 as stoploss and 545.76 as target.