(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 2024-04-29 View latest technical analysis
10 day averaged volume of Shrigang Ind is 4962
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Mon Apr 2024 | 86.16 | 90.00 | 90.00 | 85.50 | 2.224 times |
| 26 Fri Apr 2024 | 90.00 | 91.50 | 91.50 | 86.02 | 1.476 times |
| 25 Thu Apr 2024 | 90.37 | 94.00 | 94.00 | 89.80 | 1.41 times |
| 24 Wed Apr 2024 | 92.20 | 90.00 | 93.75 | 90.00 | 0.433 times |
| 23 Tue Apr 2024 | 89.55 | 90.00 | 94.25 | 89.00 | 1.102 times |
| 22 Mon Apr 2024 | 90.00 | 96.00 | 96.65 | 88.40 | 1.028 times |
| 19 Fri Apr 2024 | 93.03 | 92.21 | 96.20 | 92.00 | 0.386 times |
| 18 Thu Apr 2024 | 92.21 | 94.56 | 97.99 | 92.00 | 1.039 times |
| 16 Tue Apr 2024 | 95.64 | 97.00 | 97.00 | 92.70 | 0.778 times |
| 15 Mon Apr 2024 | 94.87 | 98.53 | 103.00 | 92.10 | 1.926 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, and stock might move down till 80.6 or till 70.4. Use a stoploss of 89.03 and if the stock hits stoploss, then it can shoot up till 97.51
Share price targets for Shrigang Ind (ShrigangInd)
| Target Type | Value |
| Downside Target | 69.03 |
| Downside Target | 85.50 |
| Upside Target | 90.00 |
| Upside Target | 96.65 |
| Upside Target | 103.00 |
| Upside Target | 108.45 |
| Upside Target | 109.45 |
| Upside Target | 113.40 |
| Upside Target | 136.00 |
| Upside Target | 139.55 |
| Upside Target | 147.00 |
Intraday share price targets for Shrigang Ind (ShrigangInd)
| Target Type | Value |
| Downside Intraday Target | 84.44 |
| Downside Intraday Target | 82.72 |
| Upside Intraday Target | 88.94 |
| Upside Intraday Target | 91.72 |
| Upside Intraday Target | 87.22 |
Weekly technical analysis of Shrigang Ind (ShrigangInd)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Mon Apr 2024 | 86.16 | 90.00 | 90.00 | 85.50 | 0.408 times |
| 26 Fri Apr 2024 | 90.00 | 96.00 | 96.65 | 86.02 | 1.32 times |
| 19 Fri Apr 2024 | 93.03 | 98.53 | 103.00 | 92.00 | 0.41 times |
| 12 Fri Apr 2024 | 96.60 | 98.85 | 109.45 | 90.55 | 1.278 times |
| 05 Fri Apr 2024 | 91.77 | 69.99 | 92.25 | 69.05 | 0.486 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 Mon Apr 2024 | 86.16 | 69.99 | 109.45 | 69.05 | 0.355 times |
| 28 Thu Mar 2024 | 69.03 | 89.95 | 91.40 | 69.03 | 0.974 times |
| 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 |
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 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 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 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 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 green color and prices are in or below the green 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 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 90.82 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 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 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 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 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 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 green color and prices are in or below the green 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 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 90.82 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 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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