(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 2024-02-29 View latest technical analysis
10 day averaged volume of Shrigang Ind is 19023
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Thu Feb 2024 | 87.35 | 91.00 | 95.95 | 87.30 | 0.865 times |
| 28 Wed Feb 2024 | 91.85 | 96.45 | 98.90 | 91.60 | 0.699 times |
| 27 Tue Feb 2024 | 96.40 | 94.65 | 101.20 | 94.65 | 0.89 times |
| 26 Mon Feb 2024 | 99.60 | 104.70 | 109.90 | 99.50 | 1.268 times |
| 23 Fri Feb 2024 | 104.70 | 101.00 | 104.70 | 95.05 | 0.831 times |
| 22 Thu Feb 2024 | 99.75 | 102.70 | 102.70 | 94.25 | 1.495 times |
| 21 Wed Feb 2024 | 99.20 | 102.50 | 104.00 | 98.50 | 1.309 times |
| 20 Tue Feb 2024 | 103.65 | 107.90 | 107.90 | 100.50 | 0.862 times |
| 19 Mon Feb 2024 | 105.75 | 106.75 | 108.40 | 105.50 | 0.304 times |
| 16 Fri Feb 2024 | 104.20 | 108.85 | 111.40 | 102.00 | 1.22 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 96.5, but if it comes above 96.5, then a intra day buy could be more profitable.
If you take a sell trade below 96.5, then use 96.5 as stoploss and 81.6 as target. However if you take a buy trade in stock , then use 96.5 as stoploss and 108.95 as target.
Share price targets for Shrigang Ind (ShrigangInd)
| Target Type | Value |
| Downside Target | 87.30 |
| Upside Target | 94.25 |
| Upside Target | 102.00 |
| Upside Target | 107.30 |
| Upside Target | 113.40 |
| Upside Target | 120.00 |
| Upside Target | 128.00 |
| Upside Target | 131.15 |
| 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 | 79.8 |
| Downside Intraday Target | 72.25 |
| Upside Intraday Target | 102.4 |
| Upside Intraday Target | 117.45 |
| Upside Intraday Target | 94.85 |
Weekly technical analysis of Shrigang Ind (ShrigangInd)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Thu Feb 2024 | 87.35 | 104.70 | 109.90 | 87.30 | 0.775 times |
| 23 Fri Feb 2024 | 104.70 | 106.75 | 108.40 | 94.25 | 1.148 times |
| 16 Fri Feb 2024 | 104.20 | 120.00 | 120.00 | 102.00 | 0.651 times |
| 09 Fri Feb 2024 | 118.50 | 131.15 | 131.15 | 107.30 | 1.333 times |
| 02 Fri Feb 2024 | 138.05 | 135.00 | 139.55 | 120.20 | 1.712 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 |
| 29 Thu Feb 2024 | 87.35 | 127.00 | 139.55 | 87.30 | 1.287 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 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 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 to mid 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Shrigang Ind in short term and the sell signal is strong.
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 SELL signal in short term and selling is picking up 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 99.19 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 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 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 to mid 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Shrigang Ind in short term and the sell signal is strong.
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 SELL signal in short term and selling is picking up 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 99.19 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.
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