Shanti Gold nears highs as moving averages stay bullish
Social chatter around Shanti Gold International has picked up on Aug 14 because the stock moved sharply intraday and printed levels close to recent highs. The discussion often labels the move as a “new all-time high”, but the available snapshots in the shared technical dashboards are not consistent on that point. One table lists an all-time high of ₹274.10, while another shows “All Time High 0.00”, which looks like a placeholder rather than a confirmed level. What is consistent across multiple screenshots is that ₹274.10 is shown as the 52-week high, and ₹155.00 (or ₹154.9) is shown as the 52-week low. The stock was seen around ₹243 during mid-session and later around ₹247.66 at market close, with a day’s high reported near ₹251.99. Below is a technical-only view based strictly on the shared levels, indicators, and pivots.
The “all-time high” claim and the data conflict
Posts calling this a fresh all-time high are likely reacting to the strong intraday swing and a push above nearby resistances. At least one shared table explicitly shows “All Time High: ₹274.10” and “All Time Low: ₹155.00.” Another screenshot shows “All Time High: 0.00” and “All Time Low: 0.00,” which does not match the rest of the data and appears incomplete. Since ₹274.10 is repeatedly shown as the 52-week high, it becomes the more reliable reference point inside this dataset. On Aug 14, the reported day high was ₹251.99, which is below ₹274.10. Based on these values, the move looks like a strong rally within the 52-week range, not a confirmed record high. Traders tracking the “ATH” narrative may want to verify the reference data source and timeframe before treating ₹252 as a breakout to uncharted territory.
Aug 14 price action: wide range, higher close
The stock was quoted at about ₹243 around 11:48, and later the closing print shared was ₹247.66. The day’s low and high were reported as ₹227.10 and ₹251.99, respectively, indicating a wide intraday band. Another snapshot showed “Today’s Low ₹227” and “Today’s High ₹250,” which is directionally the same move even if the exact high differs. The move was also accompanied by a quoted change of +₹11.5 (around +4.96%) at one point in the session. Such a range often pulls more short-term traders into the name because support and resistance levels get tested quickly. The key takeaway from the day’s tape is that buyers defended above the low and price finished closer to the high than the low. That keeps the near-term structure constructive, but the stock still remains below the widely cited ₹274.10 high.
Where the 52-week range leaves the bigger picture
The shared 52-week low is ₹155.00 (also shown as ₹154.9), and the 52-week high is ₹274.10. With price near ₹247 to ₹248, the stock sits in the upper half of its 52-week band. That placement matters because pullbacks often find dip-buying interest when the broader trend remains intact. One feed also noted the stock “trades at ₹217, in a confirmed uptrend and 7 weeks into that stage,” which suggests trend-state indicators had already turned positive earlier. Another line mentioned “−5.2% over the past year” at ₹217, pointing to how quickly sentiment can shift depending on the chosen measurement window. For positional traders, the main reference remains the ₹274.10 zone as the visible overhead marker in this dataset. For swing traders, the focus tends to shift to the nearest resistance stack between ₹243 and ₹250.
Moving averages: bullish stacks dominate the shared panels
A moving-average snapshot shows 16 bullish moving averages and 0 bearish, with key levels listed at 20-day ₹221.30, 50-day ₹218.20, 100-day ₹214.90, and 200-day ₹214.10. This configuration implies price has been trading above the medium and long averages in that view. Another technical panel (likely a different timeframe or refresh) shows much higher moving averages clustered around the ₹247 area, such as SMA(20) ₹247.42 and EMA(20) ₹247.71. In that second panel, most averages are marked Bullish, while DEMA(200) at ₹248.94 is marked Bearish. The conflicting MA levels highlight that traders should confirm the timeframe and source before making a single MA level “the” support. Still, the consistent message across both panels is that the MA signals are mostly bullish right now. If price holds above the faster averages in the selected timeframe, momentum traders usually stay engaged.
Oscillators: broadly supportive, with a few cautions
The “Technicals Summary” shows an overall mix of Bearish 2, Bullish 12, and Neutral 1, which is a net-positive skew. In the oscillator list, MACD level (12,26) is 0.33 and marked Bullish, while RSI (14) at 57.16 is marked Neutral. CCI (20) is shown at -330.76 and still marked Bullish in that panel, which is unusual and reinforces the need to cross-check the indicator logic used by the platform. Momentum (10) is 1.84 and marked Bearish, suggesting some short-term slowing even within a bullish setup. ADI (14) at 26.92 and Ultimate Oscillator (7,14,28) at 80.15 are both marked Bullish, pointing to strong buying pressure in that snapshot. Another earlier dataset dated Aug 7 shows RSI(14) 59.44 and MACD(12,26,9) 0.76 labeled “outperform,” which aligns with the current bullish leaning. Meanwhile, a July 2 snapshot shows several “sell” readings including RSI(14) 44.845 and MACD(12,26) -0.74, underlining that the trend tone has improved since then.
Support and resistance: the ₹243 to ₹250 cluster
One resistance and support stack shared in the discussion lists R3 250.30, R2 243.60, R1 237.80, with supports at S1 225.30, S2 218.60, and S3 212.80. With price trading near ₹243 to ₹248, that puts the stock right on top of the R2 zone and approaching the R3 zone. This is why traders are closely watching whether the stock can sustain trades above ₹250 on follow-through. If price fails near that band, the same levels can turn into a near-term supply zone for profit-taking. On the downside, ₹237.80 becomes a key “line in the sand” in that particular ladder. Below that, ₹225.30 is the next named support where dip buyers may look for stabilization. Because the day’s low was around ₹227, that also makes the ₹225 to ₹227 area a practical reference for near-term risk.
Pivot tables from different methods show different pressure points
A classic pivot table (as of Aug 7, 15:59) lists Classic R1 232.27, R2 240.53, R3 248.06, with a pivot point at 224.74 and supports down to 200.69. The same panel lists Fibonacci resistances at 230.77, 234.50, and 240.53, again centering on a 224.74 pivot. Camarilla levels in that table are tighter, with R1 225.46, R2 226.90, R3 228.35 and supports around 222.56 to 219.67. The key practical insight is that different pivot methods compress or expand the levels substantially. Traders should stick to one method consistently to avoid overfitting the chart with too many lines. In the context of an Aug 14 session trading near ₹247 to ₹252, the Classic R3 near ₹248.06 stands out as a level that was effectively tested. That fits the idea of a near-term resistance zone being probed, even if the exact values vary by platform.
Intraday (5-minute) pivot snapshot looks out of sync
A separate “Pivot 218.21, time period 5 minutes” panel lists resistances at ₹220.44, ₹222.24, and ₹224.47, with supports at ₹216.41, ₹214.18, and ₹212.38. Those numbers are far below the Aug 14 trading band of roughly ₹227 to ₹252 and the close near ₹247.66. The text attached to that panel describes the pivot as a central reference for sentiment, but the level mismatch suggests the snapshot may be from a different date, an earlier regime, or a different price series. Rather than forcing that intraday pivot into the current context, it is safer to treat it as a separate micro-setup. For traders, the takeaway is procedural: always align the pivot timeframe with the price regime you are trading. If your chart shows price near ₹247, a pivot at ₹218 is unlikely to be the active reference point for that session. Misaligned pivots can lead to poor stop placement and incorrect assumptions about support strength.
Risk markers traders are watching: circuits and volatility cues
The circuit limits shared for Aug 14 are Upper Circuit ₹278.28 and Lower Circuit ₹185.52. These are not targets, but they do frame the maximum allowed move range for the day. The quoted day range ₹227.10 to ₹251.99 indicates the stock moved meaningfully without nearing the circuit levels. ATR (14) is shown as 7.98 in one “outperform” panel, while an older July 2 snapshot shows ATR 2.0464 labeled low volatility, implying volatility conditions have changed across periods. MFI (14) at 74.58 in the Aug 7 data is also listed as “outperform,” which can indicate strong money flow in that reading. ADX (14) at 37.99 in the Aug 7 panel is labeled “outperform,” typically associated with a stronger trend environment in many trading frameworks. None of these indicators guarantee continuation, but together they explain why the stock is being tracked actively by short-term traders right now. The most practical risk control remains using nearby support levels from the same timeframe and source as your trade.
Key levels table from the shared snapshots
What traders are watching next: continuation vs pullback paths
If price sustains above the ₹243 to ₹244 area, traders may continue to treat that band as reclaimed resistance turned support. The next visible hurdle in multiple snapshots sits around ₹248 to ₹250, including the ₹250.30 resistance and the Classic R3 near ₹248.06. A clean acceptance above ₹250 would shift attention toward the ₹274.10 zone because that is the highest clearly stated level in the dataset. If price rejects from the ₹248 to ₹252 area, the first check becomes whether it holds above ₹237.80, which is listed as R1 in one resistance stack. A deeper pullback would put ₹225.30 in focus, especially since the session low was near ₹227.10. The moving-average stacks shown as bullish suggest dips may attract buyers, but only if price stays above the relevant MA set for the trader’s timeframe. Given the conflicting snapshots, the most disciplined approach is to avoid mixing intraday pivots, daily pivots, and weekly trend labels without confirming timestamps. Social chatter may keep the stock on watchlists, but the trade plan still depends on respecting the nearest, clearly defined levels from a consistent dataset.
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