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(SHARDAMOTR) Sharda Motor complete technical analysis [charts+indicators] | Buy/Sell Sharda Motor | (SHARDAMOTR) share price targets

Complete technical analysis of Sharda Motor (SHARDAMOTR) by charts plus indicators, forecast predictions and share price targets for Sharda Motor (SHARDAMOTR)

Sharda Motor trades in NSE in Auto Parts & Equipment sector.

10 day averaged volume of Sharda Motor is 38070

Date	Daily Closing Price	Open	High	Low	Volume
20 Fri Dec 2024	1903.60	1991.10	2004.75	1885.00	0.761 times
19 Thu Dec 2024	1987.80	2035.85	2036.00	1980.00	0.674 times
18 Wed Dec 2024	2048.95	2065.60	2113.70	2031.40	0.519 times
17 Tue Dec 2024	2074.30	2076.00	2099.50	2051.00	0.713 times
16 Mon Dec 2024	2098.15	2017.45	2124.00	2017.45	0.867 times
13 Fri Dec 2024	2011.70	2011.00	2022.25	1992.20	1.097 times
12 Thu Dec 2024	2015.60	2051.70	2055.00	1981.25	2.739 times
11 Wed Dec 2024	2038.60	2077.50	2089.95	2035.00	0.603 times
10 Tue Dec 2024	2077.50	2083.05	2112.45	2058.05	0.696 times
09 Mon Dec 2024	2083.05	2110.50	2150.00	2067.00	0.49 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 1928.6, for a target of 1986.3 or 2034.42

Share price targets for Sharda Motor (SHARDAMOTR)

Target Type	Value
Downside Target	1884.00
Upside Target	1974.20
Upside Target	2039.00
Upside Target	2101.40
Upside Target	2150.00
Upside Target	2200.05
Upside Target	2370.10
Upside Target	2372.10
Upside Target	2480.00
Upside Target	2719.95
Upside Target	2863.40

Intraday share price targets for Sharda Motor (SHARDAMOTR)

Target Type	Value
Downside Intraday Target	1817.73
Downside Intraday Target	1731.87
Upside Intraday Target	2056.73
Upside Intraday Target	2209.87
Upside Intraday Target	1970.87

Weekly technical analysis of Sharda Motor (SHARDAMOTR)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Fri Dec 2024	1903.60	2017.45	2124.00	1885.00	0.628 times
13 Fri Dec 2024	2011.70	2110.50	2150.00	1981.25	0.986 times
06 Fri Dec 2024	2079.35	2050.40	2150.00	1981.00	2.047 times
29 Fri Nov 2024	2047.00	1944.25	2101.40	1917.00	1.154 times
22 Fri Nov 2024	1916.85	2019.05	2039.00	1884.00	0.668 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 Sharda Motor (SHARDAMOTR)

Date	Monthly Closing Price	Open	High	Low	Volume
20 Fri Dec 2024	1903.60	2050.40	2150.00	1885.00	1.236 times
29 Fri Nov 2024	2047.00	2247.00	2370.10	1884.00	0.601 times
31 Thu Oct 2024	2226.90	2475.30	2480.00	1974.20	1.519 times
30 Mon Sep 2024	2426.95	2711.00	2719.95	2372.10	0.393 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 Sharda Motor (SHARDAMOTR)

Price action analysis of Sharda Motor ( (SHARDAMOTR) ) 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 Sharda Motor ( (SHARDAMOTR) ) based on a short to mid 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 Sharda Motor ( (SHARDAMOTR) ) 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 Sharda Motor stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Sharda Motor in short term and the sell signal is strong.

Sharda Motor 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 red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Sharda Motor in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing 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 Sharda Motor is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2027.89 and Sharda Motor (SHARDAMOTR) 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 Sharda Motor (SHARDAMOTR) stock. Volume based technical analysis of Sharda Motor (SHARDAMOTR) stock is negative.

Sharda Motor 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.