(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 2024-05-31 View latest technical analysis
10 day averaged volume of Shrigang Ind is 4491
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 71.89 | 71.89 | 71.89 | 71.89 | 0.241 times |
| 30 Thu May 2024 | 73.35 | 73.35 | 73.35 | 73.35 | 0.027 times |
| 29 Wed May 2024 | 74.84 | 74.84 | 74.84 | 74.84 | 1.099 times |
| 28 Tue May 2024 | 76.36 | 76.36 | 76.50 | 76.36 | 1.229 times |
| 27 Mon May 2024 | 76.36 | 76.36 | 76.36 | 76.36 | 0.278 times |
| 24 Fri May 2024 | 77.91 | 77.91 | 77.91 | 77.91 | 0.224 times |
| 23 Thu May 2024 | 79.50 | 79.50 | 79.50 | 79.50 | 0.23 times |
| 22 Wed May 2024 | 81.12 | 82.89 | 82.89 | 81.12 | 0.212 times |
| 21 Tue May 2024 | 82.77 | 86.49 | 86.59 | 80.05 | 4.344 times |
| 18 Sat May 2024 | 82.47 | 82.40 | 82.47 | 82.40 | 1.701 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 71.8 as stoploss in an intra day buy trade for a target of 75.73. However, stock will show a bearish move below 71.8.
Share price targets for Shrigang Ind (ShrigangInd)
| Target Type | Value |
| Downside Target | 66.20 |
| Downside Target | 69.03 |
| Downside Target | 70.78 |
| Upside Target | 76.50 |
| 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 | 70.35 |
| Downside Intraday Target | 68.82 |
| Upside Intraday Target | 74.96 |
| Upside Intraday Target | 78.04 |
| Upside Intraday Target | 73.43 |
Weekly technical analysis of Shrigang Ind (ShrigangInd)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 71.89 | 76.36 | 76.50 | 71.89 | 0.574 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 |
| 31 Fri May 2024 | 71.89 | 84.69 | 88.00 | 66.20 | 0.887 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 neutral. A longer time frame might give a better analysis.
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 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 BUY signal in short term and the buying is gaining 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 80.27 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 neutral. A longer time frame might give a better analysis.
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 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 BUY signal in short term and the buying is gaining 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 80.27 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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