(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 2024-05-16 View latest technical analysis
10 day averaged volume of Shrigang Ind is 8882
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 74.81 | 74.49 | 74.81 | 72.00 | 0.658 times |
| 15 Wed May 2024 | 71.25 | 69.99 | 71.25 | 69.99 | 0.309 times |
| 14 Tue May 2024 | 67.86 | 69.50 | 72.90 | 66.20 | 1.471 times |
| 13 Mon May 2024 | 69.55 | 72.50 | 72.50 | 68.88 | 1.055 times |
| 10 Fri May 2024 | 72.50 | 75.00 | 75.00 | 70.78 | 0.269 times |
| 09 Thu May 2024 | 74.50 | 75.22 | 75.22 | 74.50 | 0.537 times |
| 08 Wed May 2024 | 75.22 | 75.49 | 79.00 | 75.09 | 0.617 times |
| 07 Tue May 2024 | 75.39 | 78.98 | 79.99 | 74.55 | 1.646 times |
| 06 Mon May 2024 | 78.47 | 78.00 | 84.00 | 77.82 | 1.795 times |
| 03 Fri May 2024 | 81.91 | 87.75 | 88.00 | 81.70 | 1.321 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 73.4 as stoploss in an intra day buy trade for a target of 81.78. However, stock will show a bearish move below 73.4.
Share price targets for Shrigang Ind (ShrigangInd)
| Target Type | Value |
| Downside Target | 66.20 |
| Downside Target | 69.03 |
| Downside Target | 70.78 |
| Downside Target | 74.81 |
| Upside Target | 81.70 |
| Upside Target | 84.00 |
| Upside Target | 86.02 |
| Upside Target | 90.00 |
| Upside Target | 96.65 |
| Upside Target | 103.00 |
| Upside Target | 108.45 |
| Upside Target | 109.45 |
| Upside Target | 136.00 |
| Upside Target | 139.55 |
Intraday share price targets for Shrigang Ind (ShrigangInd)
| Target Type | Value |
| Downside Intraday Target | 69.07 |
| Downside Intraday Target | 63.33 |
| Upside Intraday Target | 77.68 |
| Upside Intraday Target | 80.55 |
| Downside Intraday Target | 71.94 |
Weekly technical analysis of Shrigang Ind (ShrigangInd)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 74.81 | 72.50 | 74.81 | 66.20 | 0.718 times |
| 10 Fri May 2024 | 72.50 | 78.00 | 84.00 | 70.78 | 1.021 times |
| 03 Fri May 2024 | 81.91 | 90.00 | 90.00 | 81.70 | 1.564 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 |
Price has moved up 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 Thu May 2024 | 74.81 | 84.69 | 88.00 | 66.20 | 0.597 times |
| 30 Tue Apr 2024 | 84.69 | 69.99 | 109.45 | 69.05 | 0.381 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 |
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 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 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 losing momentum.
MACD generated a SELL signal for Shrigang Ind in short term and the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Shrigang Ind in short term but BUY signal is weak.
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 74.76 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 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 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 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 losing momentum.
MACD generated a SELL signal for Shrigang Ind in short term and the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Shrigang Ind in short term but BUY signal is weak.
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 74.76 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 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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