Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2025-05-12 View latest technical analysis

10 day averaged volume of Shrigang Ind is 16750

Date	Daily Closing Price	Open	High	Low	Volume
12 Mon May 2025	86.00	85.45	86.00	82.00	0.925 times
09 Fri May 2025	81.95	85.90	85.90	81.95	1.169 times
08 Thu May 2025	86.25	92.20	93.00	86.25	1.557 times
07 Wed May 2025	90.75	90.80	97.00	90.75	1.089 times
06 Tue May 2025	95.50	101.50	102.00	95.50	1.118 times
05 Mon May 2025	100.50	100.50	109.70	100.50	3.514 times
02 Fri May 2025	105.75	105.75	105.75	105.75	0.073 times
30 Wed Apr 2025	111.30	111.30	111.30	111.30	0.426 times
29 Tue Apr 2025	117.15	117.15	117.15	117.15	0.288 times
28 Mon Apr 2025	123.30	123.00	126.50	122.00	0.433 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 96.4, but if it comes above 96.4, then a intra day buy could be more profitable.
If you take a sell trade below 96.4, then use 96.4 as stoploss and 78.1 as target. However if you take a buy trade in stock , then use 96.4 as stoploss and 111.63 as target.

Share price targets for Shrigang Ind (ShrigangInd)

Target Type	Value
Downside Target	81.95
Downside Target	86.00
Upside Target	105.75
Upside Target	109.70
Upside Target	119.25
Upside Target	126.50
Upside Target	128.00
Upside Target	130.90
Upside Target	133.00
Upside Target	138.50
Upside Target	161.55

Intraday share price targets for Shrigang Ind (ShrigangInd)

Target Type	Value
Downside Intraday Target	83.33
Downside Intraday Target	80.67
Upside Intraday Target	87.33
Upside Intraday Target	88.67
Downside Intraday Target	84.67

Weekly technical analysis of Shrigang Ind (ShrigangInd)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Mon May 2025	86.00	85.45	86.00	82.00	0.11 times
09 Fri May 2025	81.95	100.50	109.70	81.95	6.917 times
02 Fri May 2025	105.75	123.00	126.50	105.75	0.535 times
25 Fri Apr 2025	125.40	128.00	128.00	119.75	2.145 times
17 Thu Apr 2025	123.20	129.75	130.90	119.25	1.352 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
12 Mon May 2025	86.00	105.75	109.70	81.95	1.703 times
30 Wed Apr 2025	111.30	121.00	130.90	111.30	0.76 times
28 Fri Mar 2025	125.10	126.25	133.00	113.30	1.062 times
28 Fri Feb 2025	126.50	129.40	138.50	111.90	0.472 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can 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 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 losing 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 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 buy signal for Shrigang Ind in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 95.42 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.