(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 2024-02-01 View latest technical analysis
10 day averaged volume of Shrigang Ind is 9857
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Thu Feb 2024 | 132.95 | 127.00 | 132.95 | 120.60 | 2.259 times |
| 31 Wed Jan 2024 | 126.65 | 128.00 | 128.00 | 124.05 | 0.425 times |
| 30 Tue Jan 2024 | 127.50 | 129.90 | 129.90 | 120.20 | 0.689 times |
| 29 Mon Jan 2024 | 126.45 | 135.00 | 136.00 | 126.40 | 1.779 times |
| 25 Thu Jan 2024 | 133.05 | 129.00 | 133.80 | 121.25 | 2.005 times |
| 24 Wed Jan 2024 | 127.45 | 127.80 | 129.80 | 121.05 | 1.216 times |
| 23 Tue Jan 2024 | 124.60 | 134.80 | 134.80 | 124.05 | 0.533 times |
| 22 Mon Jan 2024 | 129.30 | 128.05 | 129.60 | 122.25 | 1.677 times |
| 19 Fri Jan 2024 | 123.45 | 120.00 | 123.45 | 120.00 | 0.413 times |
| 18 Thu Jan 2024 | 117.60 | 117.90 | 121.00 | 112.20 | 0.623 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 bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 130.2, but if it comes below 130.2, then a intra day sell could be more profitable.
If you take a sell trade below 130.2, then use 130.2 as stoploss and 125.52 as target. However if you take a buy trade in stock , then use 130.2 as stoploss and 135.8 as target.
Share price targets for Shrigang Ind (ShrigangInd)
| Target Type | Value |
| Downside Target | 108.45 |
| Downside Target | 112.20 |
| Downside Target | 120.20 |
| Downside Target | 128.00 |
| Downside Target | 132.95 |
| Upside Target | 134.80 |
| Upside Target | 135.00 |
| Upside Target | 136.00 |
| 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 | 123.43 |
| Downside Intraday Target | 113.92 |
| Upside Intraday Target | 139.23 |
| Upside Intraday Target | 145.52 |
| Downside Intraday Target | 129.72 |
Weekly technical analysis of Shrigang Ind (ShrigangInd)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Thu Feb 2024 | 132.95 | 135.00 | 136.00 | 120.20 | 0.948 times |
| 25 Thu Jan 2024 | 133.05 | 128.05 | 134.80 | 121.05 | 1.454 times |
| 19 Fri Jan 2024 | 123.45 | 126.95 | 128.00 | 112.20 | 0.415 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 |
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 |
| 01 Thu Feb 2024 | 132.95 | 127.00 | 132.95 | 120.60 | 0.067 times |
| 31 Wed Jan 2024 | 126.65 | 119.55 | 136.00 | 108.45 | 0.815 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 |
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 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 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 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 and the buy signal is strong.
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 128.77 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 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 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 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 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 and the buy signal is strong.
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 128.77 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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