(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)
Showing technical analysis as on 2024-01-08 View latest technical analysis
10 day averaged volume of Shrigang Ind is 21930
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Mon Jan 2024 | 130.35 | 128.50 | 130.75 | 126.00 | 1.656 times |
| 05 Fri Jan 2024 | 124.55 | 119.00 | 124.65 | 115.05 | 2.4 times |
| 04 Thu Jan 2024 | 118.75 | 117.00 | 119.85 | 108.45 | 1.749 times |
| 03 Wed Jan 2024 | 114.15 | 117.00 | 118.00 | 112.25 | 0.71 times |
| 02 Tue Jan 2024 | 114.50 | 118.00 | 119.95 | 113.00 | 0.435 times |
| 01 Mon Jan 2024 | 117.10 | 119.55 | 120.50 | 115.10 | 0.37 times |
| 29 Fri Dec 2023 | 118.45 | 119.95 | 120.75 | 115.00 | 0.546 times |
| 28 Thu Dec 2023 | 117.75 | 115.00 | 118.95 | 113.40 | 1.245 times |
| 27 Wed Dec 2023 | 119.30 | 120.00 | 124.00 | 116.85 | 1.15 times |
| 26 Tue Dec 2023 | 122.95 | 127.90 | 127.90 | 116.80 | 0.39 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 130.3, for a target of 125.2 or 120.99
Share price targets for Shrigang Ind (ShrigangInd)
| Target Type | Value |
| Downside Target | 107.30 |
| Downside Target | 113.40 |
| Downside Target | 124.65 |
| Downside Target | 128.00 |
| Upside Target | 130.75 |
| Upside Target | 133.80 |
| Upside Target | 139.60 |
| Upside Target | 147.00 |
| Upside Target | 164.15 |
| Upside Target | 168.50 |
Intraday share price targets for Shrigang Ind (ShrigangInd)
| Target Type | Value |
| Downside Intraday Target | 127.32 |
| Downside Intraday Target | 124.28 |
| Upside Intraday Target | 132.07 |
| Upside Intraday Target | 133.78 |
| Downside Intraday Target | 129.03 |
Weekly technical analysis of Shrigang Ind (ShrigangInd)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Mon Jan 2024 | 130.35 | 128.50 | 130.75 | 126.00 | 0.292 times |
| 05 Fri Jan 2024 | 124.55 | 119.55 | 124.65 | 108.45 | 1.7 times |
| 29 Fri Dec 2023 | 118.45 | 127.90 | 127.90 | 113.40 | 0.813 times |
| 22 Fri Dec 2023 | 122.85 | 124.10 | 126.70 | 116.30 | 1.025 times |
| 15 Fri Dec 2023 | 118.20 | 139.60 | 139.60 | 117.00 | 0.579 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 |
| 08 Mon Jan 2024 | 130.35 | 119.55 | 130.75 | 108.45 | 0.394 times |
| 29 Fri Dec 2023 | 118.45 | 128.10 | 147.00 | 113.40 | 0.796 times |
| 30 Thu Nov 2023 | 125.55 | 140.00 | 164.15 | 115.55 | 1.186 times |
| 31 Tue Oct 2023 | 139.65 | 130.80 | 168.50 | 128.00 | 1.581 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)
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 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 to mid 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 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 BUY. Signal strength is Weak and stock is gaining 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Shrigang Ind in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 Shrigang Ind is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 121.4 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 rising upwards.
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 is giving positive 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.
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 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 to mid 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 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 BUY. Signal strength is Weak and stock is gaining 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Shrigang Ind in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 Shrigang Ind is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 121.4 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 rising upwards.
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 is giving positive 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.
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