(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 2024-08-22 View latest technical analysis
10 day averaged volume of Shrigang Ind is 7837
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Thu Aug 2024 | 69.44 | 71.80 | 72.99 | 69.00 | 0.869 times |
| 21 Wed Aug 2024 | 70.39 | 71.80 | 71.80 | 68.00 | 1.063 times |
| 20 Tue Aug 2024 | 67.66 | 68.50 | 70.00 | 66.58 | 1.397 times |
| 19 Mon Aug 2024 | 68.11 | 69.00 | 69.13 | 65.68 | 1.137 times |
| 16 Fri Aug 2024 | 67.15 | 65.01 | 69.14 | 65.01 | 0.708 times |
| 14 Wed Aug 2024 | 66.34 | 70.00 | 73.25 | 64.99 | 2.816 times |
| 13 Tue Aug 2024 | 72.13 | 72.50 | 73.50 | 70.25 | 0.69 times |
| 12 Mon Aug 2024 | 73.13 | 77.00 | 77.00 | 73.00 | 0.345 times |
| 09 Fri Aug 2024 | 74.55 | 77.00 | 77.00 | 72.00 | 0.693 times |
| 08 Thu Aug 2024 | 72.24 | 74.59 | 74.59 | 72.10 | 0.557 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 68.9 as stoploss in an intra day buy trade for a target of 73.1. However, stock will show a bearish move below 68.9.
Share price targets for Shrigang Ind (ShrigangInd)
| Target Type | Value |
| Downside Target | 59.98 |
| Downside Target | 64.99 |
| Downside Target | 69.05 |
| Upside Target | 72.99 |
| Upside Target | 77.00 |
| 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 | 65.75 |
| Downside Intraday Target | 62.06 |
| Upside Intraday Target | 73.06 |
| Upside Intraday Target | 76.68 |
| Downside Intraday Target | 69.37 |
Weekly technical analysis of Shrigang Ind (ShrigangInd)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Thu Aug 2024 | 69.44 | 69.00 | 72.99 | 65.68 | 0.98 times |
| 16 Fri Aug 2024 | 67.15 | 77.00 | 77.00 | 64.99 | 1.25 times |
| 09 Fri Aug 2024 | 74.55 | 77.99 | 77.99 | 71.01 | 0.47 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 |
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 |
| 22 Thu Aug 2024 | 69.44 | 76.33 | 78.00 | 64.99 | 0.382 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Shrigang Ind in short term and the sell signal is strong.
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 weakening, and bulls 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 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 68.94 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 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Shrigang Ind in short term and the sell signal is strong.
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 weakening, and bulls 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 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 68.94 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Click here for Shrigang Ind charts
Click here for further forecast and predictions for tomorrow