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

(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.

Showing technical analysis as on 2024-01-12 View latest technical analysis

10 day averaged volume of Sharda Motor is 90499

Date	Daily Closing Price	Open	High	Low	Volume
12 Fri Jan 2024	1419.90	1417.00	1449.00	1407.35	0.494 times
11 Thu Jan 2024	1416.90	1396.10	1436.10	1396.10	0.346 times
10 Wed Jan 2024	1396.65	1407.00	1422.00	1387.00	0.462 times
09 Tue Jan 2024	1406.50	1456.40	1468.00	1387.00	0.866 times
08 Mon Jan 2024	1439.10	1410.00	1494.40	1371.00	2.347 times
05 Fri Jan 2024	1393.55	1390.00	1418.00	1367.00	0.779 times
04 Thu Jan 2024	1392.70	1404.00	1424.80	1383.45	0.991 times
03 Wed Jan 2024	1395.15	1303.70	1425.00	1296.10	2.821 times
02 Tue Jan 2024	1303.70	1301.05	1338.00	1293.85	0.367 times
01 Mon Jan 2024	1303.30	1322.45	1325.60	1285.05	0.387 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1401.7, but if it comes below 1401.7, then a intra day sell could be more profitable.
If you take a sell trade below 1401.7, then use 1401.7 as stoploss and 1311.9 as target. However if you take a buy trade in stock , then use 1401.7 as stoploss and 1509.5 as target.

Share price targets for Sharda Motor (SHARDAMOTR)

Target Type	Value
Downside Target	864.60
Downside Target	945.10
Downside Target	972.00
Downside Target	1005.00
Downside Target	1101.85
Downside Target	1208.10
Downside Target	1246.65
Downside Target	1280.00
Downside Target	1347.10
Downside Target	1378.90
Downside Target	1379.75
Upside Target	1425.00
Upside Target	1494.40

Intraday share price targets for Sharda Motor (SHARDAMOTR)

Target Type	Value
Downside Intraday Target	1362.47
Downside Intraday Target	1305.03
Upside Intraday Target	1485.87
Upside Intraday Target	1551.83
Upside Intraday Target	1428.43

Weekly technical analysis of Sharda Motor (SHARDAMOTR)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Fri Jan 2024	1419.90	1410.00	1494.40	1371.00	0.845 times
05 Fri Jan 2024	1393.55	1322.45	1425.00	1285.05	1.625 times
29 Fri Dec 2023	1306.55	1272.15	1347.10	1246.65	0.607 times
22 Fri Dec 2023	1253.35	1224.10	1282.00	1120.00	1.4 times
15 Fri Dec 2023	1215.80	1261.50	1280.00	1208.10	0.829 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 Sharda Motor (SHARDAMOTR)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Fri Jan 2024	1419.90	1322.45	1494.40	1285.05	0.531 times
29 Fri Dec 2023	1306.55	1345.00	1379.75	1120.00	0.807 times
30 Thu Nov 2023	1318.60	955.65	1378.90	945.10	2.729 times
31 Tue Oct 2023	955.55	980.05	1005.00	864.60	0.56 times

Scroll below to view daily charts

Price has moved up 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Sharda Motor ( (SHARDAMOTR) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Sharda Motor ( (SHARDAMOTR) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Sharda Motor ( (SHARDAMOTR) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Sharda Motor stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Sharda Motor in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Sharda Motor 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. Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Sharda Motor in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 1401.3 and Sharda Motor (SHARDAMOTR) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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.