(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 2024-01-16 View latest technical analysis
10 day averaged volume of Shrigang Ind is 21794
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Tue Jan 2024 | 119.30 | 124.80 | 124.80 | 119.05 | 0.332 times |
| 15 Mon Jan 2024 | 120.30 | 126.95 | 128.00 | 119.00 | 0.6 times |
| 12 Fri Jan 2024 | 125.00 | 125.85 | 129.00 | 122.60 | 0.503 times |
| 11 Thu Jan 2024 | 125.85 | 123.50 | 127.90 | 123.00 | 0.279 times |
| 10 Wed Jan 2024 | 127.30 | 128.40 | 132.50 | 125.25 | 0.798 times |
| 09 Tue Jan 2024 | 131.80 | 130.35 | 135.00 | 127.50 | 0.826 times |
| 08 Mon Jan 2024 | 130.35 | 128.50 | 130.75 | 126.00 | 1.667 times |
| 05 Fri Jan 2024 | 124.55 | 119.00 | 124.65 | 115.05 | 2.415 times |
| 04 Thu Jan 2024 | 118.75 | 117.00 | 119.85 | 108.45 | 1.76 times |
| 03 Wed Jan 2024 | 114.15 | 117.00 | 118.00 | 112.25 | 0.715 times |
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 117.1 as stoploss in an intra day buy trade for a target of 121.78. However, stock will show a bearish move below 117.1.
Share price targets for Shrigang Ind (ShrigangInd)
| Target Type | Value |
| Downside Target | 107.30 |
| Downside Target | 113.40 |
| Downside Target | 119.00 |
| Upside Target | 122.60 |
| Upside Target | 128.00 |
| Upside Target | 133.80 |
| Upside Target | 135.00 |
| 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 | 116.2 |
| Downside Intraday Target | 113.1 |
| Upside Intraday Target | 125.2 |
| Upside Intraday Target | 131.1 |
| Upside Intraday Target | 122.1 |
Weekly technical analysis of Shrigang Ind (ShrigangInd)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Tue Jan 2024 | 119.30 | 126.95 | 128.00 | 119.00 | 0.229 times |
| 12 Fri Jan 2024 | 125.00 | 128.50 | 135.00 | 122.60 | 0.715 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 |
Price has moved down 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 |
| 16 Tue Jan 2024 | 119.30 | 119.55 | 135.00 | 108.45 | 0.573 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 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 short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Shrigang Ind ( (ShrigangInd) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 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.
Shrigang Ind Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Shrigang Ind in short term and SELL 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
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 124.2 and Shrigang Ind (ShrigangInd) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.
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 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 short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Shrigang Ind ( (ShrigangInd) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 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.
Shrigang Ind Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Shrigang Ind in short term and SELL 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
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 124.2 and Shrigang Ind (ShrigangInd) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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