(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 2024-10-16 View latest technical analysis
10 day averaged volume of Shrigang Ind is 5329
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Wed Oct 2024 | 74.15 | 76.00 | 76.00 | 71.26 | 0.195 times |
| 15 Tue Oct 2024 | 74.01 | 73.60 | 75.40 | 73.55 | 0.118 times |
| 14 Mon Oct 2024 | 73.63 | 74.00 | 76.00 | 73.00 | 0.32 times |
| 11 Fri Oct 2024 | 73.18 | 76.00 | 76.00 | 72.00 | 0.776 times |
| 10 Thu Oct 2024 | 73.65 | 77.00 | 77.00 | 73.55 | 0.243 times |
| 09 Wed Oct 2024 | 76.33 | 78.00 | 78.00 | 74.56 | 0.566 times |
| 08 Tue Oct 2024 | 75.10 | 72.09 | 75.50 | 71.31 | 0.398 times |
| 07 Mon Oct 2024 | 72.09 | 79.00 | 79.00 | 71.00 | 1.068 times |
| 03 Thu Oct 2024 | 80.26 | 82.00 | 84.00 | 76.50 | 1.786 times |
| 01 Tue Oct 2024 | 81.41 | 82.65 | 83.90 | 77.55 | 1.764 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 73.7 as stoploss in an intra day buy trade for a target of 76.7. However, stock will show a bearish move below 73.7.
Share price targets for Shrigang Ind (ShrigangInd)
| Target Type | Value |
| Downside Target | 59.98 |
| Downside Target | 64.99 |
| Downside Target | 70.46 |
| Downside Target | 73.00 |
| Upside Target | 76.00 |
| Upside Target | 78.00 |
| Upside Target | 79.00 |
| Upside Target | 83.60 |
| Upside Target | 84.00 |
| Upside Target | 88.99 |
| Upside Target | 92.00 |
Intraday share price targets for Shrigang Ind (ShrigangInd)
| Target Type | Value |
| Downside Intraday Target | 71.61 |
| Downside Intraday Target | 69.06 |
| Upside Intraday Target | 76.35 |
| Upside Intraday Target | 78.54 |
| Downside Intraday Target | 73.8 |
Weekly technical analysis of Shrigang Ind (ShrigangInd)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Wed Oct 2024 | 74.15 | 74.00 | 76.00 | 71.26 | 0.207 times |
| 11 Fri Oct 2024 | 73.18 | 79.00 | 79.00 | 71.00 | 0.469 times |
| 03 Thu Oct 2024 | 80.26 | 78.15 | 84.00 | 74.25 | 1.48 times |
| 27 Fri Sep 2024 | 75.85 | 81.08 | 83.60 | 74.13 | 0.18 times |
| 20 Fri Sep 2024 | 77.59 | 73.00 | 92.00 | 73.00 | 2.59 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 |
| 16 Wed Oct 2024 | 74.15 | 82.65 | 84.00 | 71.00 | 0.161 times |
| 30 Mon Sep 2024 | 80.00 | 74.27 | 92.00 | 67.25 | 1.391 times |
| 30 Fri Aug 2024 | 72.96 | 76.33 | 78.00 | 64.99 | 0.574 times |
| 31 Wed Jul 2024 | 75.57 | 70.19 | 88.99 | 66.10 | 2.251 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 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 term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Shrigang Ind stock for short term is SELL. Signal strength is Weak 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Shrigang Ind in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 77.2 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 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 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 term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Shrigang Ind stock for short term is SELL. Signal strength is Weak 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Shrigang Ind in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 77.2 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 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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