(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 2024-08-06 View latest technical analysis
10 day averaged volume of Shrigang Ind is 20218
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Tue Aug 2024 | 71.11 | 74.00 | 74.97 | 71.01 | 0.271 times |
| 05 Mon Aug 2024 | 72.31 | 77.99 | 77.99 | 71.10 | 0.427 times |
| 02 Fri Aug 2024 | 77.03 | 76.00 | 78.00 | 72.01 | 0.303 times |
| 01 Thu Aug 2024 | 76.18 | 76.33 | 78.00 | 74.25 | 0.442 times |
| 31 Wed Jul 2024 | 75.57 | 76.59 | 78.00 | 73.01 | 0.455 times |
| 30 Tue Jul 2024 | 75.09 | 75.45 | 78.78 | 70.00 | 0.674 times |
| 29 Mon Jul 2024 | 75.45 | 83.10 | 83.10 | 74.00 | 1.131 times |
| 26 Fri Jul 2024 | 81.44 | 87.10 | 88.99 | 73.80 | 2.775 times |
| 25 Thu Jul 2024 | 82.00 | 82.00 | 82.00 | 81.49 | 3.052 times |
| 24 Wed Jul 2024 | 74.55 | 74.55 | 74.55 | 71.00 | 0.599 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 70.3 as stoploss in an intra day buy trade for a target of 73.88. However, stock will show a bearish move below 70.3.
Share price targets for Shrigang Ind (ShrigangInd)
| Target Type | Value |
| Downside Target | 59.98 |
| Downside Target | 66.10 |
| Downside Target | 67.93 |
| Upside Target | 75.00 |
| Upside Target | 77.99 |
| Upside Target | 78.00 |
| Upside Target | 83.10 |
| Upside Target | 88.00 |
| Upside Target | 88.99 |
| Upside Target | 109.45 |
Intraday share price targets for Shrigang Ind (ShrigangInd)
| Target Type | Value |
| Downside Intraday Target | 68.75 |
| Downside Intraday Target | 66.39 |
| Upside Intraday Target | 75.73 |
| Upside Intraday Target | 80.35 |
| Upside Intraday Target | 73.37 |
Weekly technical analysis of Shrigang Ind (ShrigangInd)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Tue Aug 2024 | 71.11 | 77.99 | 77.99 | 71.01 | 0.232 times |
| 02 Fri Aug 2024 | 77.03 | 83.10 | 83.10 | 70.00 | 0.435 times |
| 26 Fri Jul 2024 | 81.44 | 71.80 | 88.99 | 66.10 | 4.396 times |
| 19 Fri Jul 2024 | 68.49 | 71.50 | 75.00 | 67.93 | 1.243 times |
| 12 Fri Jul 2024 | 71.50 | 74.10 | 77.99 | 70.54 | 0.453 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 |
| 06 Tue Aug 2024 | 71.11 | 76.33 | 78.00 | 71.01 | 0.098 times |
| 31 Wed Jul 2024 | 75.57 | 70.19 | 88.99 | 66.10 | 2.251 times |
| 28 Fri Jun 2024 | 70.19 | 70.46 | 70.46 | 59.98 | 0.944 times |
| 31 Fri May 2024 | 71.89 | 84.69 | 88.00 | 66.20 | 0.887 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 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 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 gaining momentum.
MACD generated a SELL signal for Shrigang Ind in short term but the sell signal is initial and weak.
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 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 78.82 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 is giving positive 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 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 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 gaining momentum.
MACD generated a SELL signal for Shrigang Ind in short term but the sell signal is initial and weak.
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 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 78.82 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 is giving positive 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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