(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 2024-05-28 View latest technical analysis
10 day averaged volume of Shrigang Ind is 5597
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Tue May 2024 | 76.36 | 76.36 | 76.50 | 76.36 | 0.986 times |
| 27 Mon May 2024 | 76.36 | 76.36 | 76.36 | 76.36 | 0.223 times |
| 24 Fri May 2024 | 77.91 | 77.91 | 77.91 | 77.91 | 0.18 times |
| 23 Thu May 2024 | 79.50 | 79.50 | 79.50 | 79.50 | 0.185 times |
| 22 Wed May 2024 | 81.12 | 82.89 | 82.89 | 81.12 | 0.17 times |
| 21 Tue May 2024 | 82.77 | 86.49 | 86.59 | 80.05 | 3.485 times |
| 18 Sat May 2024 | 82.47 | 82.40 | 82.47 | 82.40 | 1.365 times |
| 17 Fri May 2024 | 78.55 | 78.50 | 78.55 | 74.00 | 0.526 times |
| 16 Thu May 2024 | 74.81 | 74.49 | 74.81 | 72.00 | 1.044 times |
| 15 Wed May 2024 | 71.25 | 69.99 | 71.25 | 69.99 | 0.49 times |
My analysis of stock is bearish for shortterm, and stock might move down till 72.5 or till 66.8. Use a stoploss of 77.36 and if the stock hits stoploss, then it can shoot up till 82.17
Share price targets for Shrigang Ind (ShrigangInd)
| Target Type | Value |
| Downside Target | 66.20 |
| Downside Target | 69.03 |
| Downside Target | 70.78 |
| Downside Target | 76.36 |
| Upside Target | 81.70 |
| Upside Target | 86.59 |
| Upside Target | 88.00 |
| Upside Target | 90.00 |
| Upside Target | 91.40 |
| 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 | 76.31 |
| Downside Intraday Target | 76.27 |
| Upside Intraday Target | 76.45 |
| Upside Intraday Target | 76.55 |
| Upside Intraday Target | 76.41 |
Weekly technical analysis of Shrigang Ind (ShrigangInd)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Tue May 2024 | 76.36 | 76.36 | 76.50 | 76.36 | 0.301 times |
| 24 Fri May 2024 | 77.91 | 86.49 | 86.59 | 77.91 | 0.541 times |
| 18 Sat May 2024 | 82.47 | 72.50 | 82.47 | 66.20 | 0.963 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 |
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 |
| 28 Tue May 2024 | 76.36 | 84.69 | 88.00 | 66.20 | 0.849 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 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 short to mid 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 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 losing momentum.
MACD generated a BUY signal for Shrigang Ind in short term but the buy signal is initial and weak.
Shrigang Ind Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 buy signal for Shrigang Ind in short term but BUY signal is weak.
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 79.75 and Shrigang Ind (ShrigangInd) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 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 short to mid 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 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 losing momentum.
MACD generated a BUY signal for Shrigang Ind in short term but the buy signal is initial and weak.
Shrigang Ind Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 buy signal for Shrigang Ind in short term but BUY signal is weak.
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 79.75 and Shrigang Ind (ShrigangInd) stock is trading below this level. This means that stock is falling with high volumes. 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 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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