(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 2024-02-07 View latest technical analysis
10 day averaged volume of Shrigang Ind is 13978
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Wed Feb 2024 | 118.50 | 118.40 | 130.80 | 118.40 | 4.658 times |
| 06 Tue Feb 2024 | 124.60 | 124.60 | 124.60 | 124.60 | 0.364 times |
| 05 Mon Feb 2024 | 131.15 | 131.15 | 131.15 | 131.15 | 0.43 times |
| 02 Fri Feb 2024 | 138.05 | 137.60 | 139.55 | 129.00 | 2.925 times |
| 01 Thu Feb 2024 | 132.95 | 127.00 | 132.95 | 120.60 | 1.593 times |
| 31 Wed Jan 2024 | 126.65 | 128.00 | 128.00 | 124.05 | 0.299 times |
| 30 Tue Jan 2024 | 127.50 | 129.90 | 129.90 | 120.20 | 0.486 times |
| 29 Mon Jan 2024 | 126.45 | 135.00 | 136.00 | 126.40 | 1.254 times |
| 25 Thu Jan 2024 | 133.05 | 129.00 | 133.80 | 121.25 | 1.414 times |
| 24 Wed Jan 2024 | 127.45 | 127.80 | 129.80 | 121.05 | 0.858 times |
Stock of Shrigang Ind (ShrigangInd) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 120.5, but if it comes above 120.5, then a intra day buy could be more profitable.
If you take a sell trade below 120.5, then use 120.5 as stoploss and 114.2 as target. However if you take a buy trade in stock , then use 120.5 as stoploss and 125.86 as target.
Share price targets for Shrigang Ind (ShrigangInd)
| Target Type | Value |
| Downside Target | 108.45 |
| Downside Target | 112.20 |
| Downside Target | 118.40 |
| Upside Target | 128.00 |
| Upside Target | 131.15 |
| Upside Target | 134.80 |
| Upside Target | 135.00 |
| Upside Target | 136.00 |
| Upside Target | 139.55 |
| 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 | 114.22 |
| Downside Intraday Target | 109.93 |
| Upside Intraday Target | 126.97 |
| Upside Intraday Target | 135.43 |
| Upside Intraday Target | 122.68 |
Weekly technical analysis of Shrigang Ind (ShrigangInd)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Wed Feb 2024 | 118.50 | 131.15 | 131.15 | 118.40 | 0.831 times |
| 02 Fri Feb 2024 | 138.05 | 135.00 | 139.55 | 120.20 | 1.712 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 |
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 |
| 07 Wed Feb 2024 | 118.50 | 127.00 | 139.55 | 118.40 | 0.42 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 down 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Shrigang Ind ( (ShrigangInd) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Shrigang Ind stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Shrigang Ind in short term but the sell signal is initial and weak.
Shrigang Ind Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 but buying is losing momentum.
MRSI is in positive zone. This is a BUY 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 127.81 and Shrigang Ind (ShrigangInd) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Shrigang Ind ( (ShrigangInd) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Shrigang Ind stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Shrigang Ind in short term but the sell signal is initial and weak.
Shrigang Ind Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 but buying is losing momentum.
MRSI is in positive zone. This is a BUY 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 127.81 and Shrigang Ind (ShrigangInd) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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.
Click here for Shrigang Ind charts
Click here for further forecast and predictions for tomorrow