(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 2024-06-25 View latest technical analysis
10 day averaged volume of Shrigang Ind is 6010
| Date | Daily Closing Price | Open | High | Low | Volume |
| 25 Tue Jun 2024 | 66.16 | 68.86 | 68.86 | 66.16 | 2.573 times |
| 24 Mon Jun 2024 | 66.19 | 66.19 | 66.19 | 66.19 | 0.807 times |
| 21 Fri Jun 2024 | 66.19 | 66.19 | 66.19 | 66.19 | 0.807 times |
| 20 Thu Jun 2024 | 64.90 | 64.90 | 64.90 | 64.90 | 1.042 times |
| 19 Wed Jun 2024 | 63.63 | 63.63 | 63.63 | 63.63 | 2.101 times |
| 18 Tue Jun 2024 | 62.39 | 62.39 | 62.39 | 62.38 | 2.494 times |
| 14 Fri Jun 2024 | 59.98 | 59.98 | 59.98 | 59.98 | 0.569 times |
| 13 Thu Jun 2024 | 59.98 | 59.98 | 59.98 | 59.98 | 0.569 times |
| 12 Wed Jun 2024 | 61.20 | 61.20 | 61.20 | 61.20 | 0.448 times |
| 11 Tue Jun 2024 | 62.44 | 62.44 | 62.44 | 62.44 | 0.288 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 61.9 or till 56.3. Use a stoploss of 66.59 and if the stock hits stoploss, then it can shoot up till 71.25
Share price targets for Shrigang Ind (ShrigangInd)
| Target Type | Value |
| Downside Target | 59.98 |
| Downside Target | 62.38 |
| Downside Target | 63.71 |
| Downside Target | 65.01 |
| Upside Target | 68.86 |
| Upside Target | 70.46 |
| Upside Target | 71.89 |
| Upside Target | 76.50 |
| Upside Target | 87.30 |
| Upside Target | 88.00 |
| Upside Target | 91.40 |
| Upside Target | 109.45 |
| Upside Target | 139.55 |
Intraday share price targets for Shrigang Ind (ShrigangInd)
| Target Type | Value |
| Downside Intraday Target | 65.26 |
| Downside Intraday Target | 64.36 |
| Upside Intraday Target | 67.96 |
| Upside Intraday Target | 69.76 |
| Upside Intraday Target | 67.06 |
Weekly technical analysis of Shrigang Ind (ShrigangInd)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 25 Tue Jun 2024 | 66.16 | 66.19 | 68.86 | 66.16 | 0.525 times |
| 21 Fri Jun 2024 | 66.19 | 62.39 | 66.19 | 62.38 | 2.342 times |
| 14 Fri Jun 2024 | 59.98 | 63.71 | 63.71 | 59.98 | 0.78 times |
| 07 Fri Jun 2024 | 65.01 | 70.46 | 70.46 | 65.01 | 1.642 times |
| 31 Fri May 2024 | 71.89 | 76.36 | 76.50 | 71.89 | 0.574 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 |
| 25 Tue Jun 2024 | 66.16 | 70.46 | 70.46 | 59.98 | 0.688 times |
| 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 |
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 neutral. A longer time frame might give a better analysis.
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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Shrigang Ind in short term but the buy signal is initial and weak.
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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
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 and BUY signal is strong.
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 63.91 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 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 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 neutral. A longer time frame might give a better analysis.
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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Shrigang Ind in short term but the buy signal is initial and weak.
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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
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 and BUY signal is strong.
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 63.91 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 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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