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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.

Showing technical analysis as on 2024-01-29 View latest technical analysis

10 day averaged volume of Sharda Motor is 34002

Date	Daily Closing Price	Open	High	Low	Volume
29 Mon Jan 2024	1359.35	1352.25	1368.70	1329.50	0.667 times
25 Thu Jan 2024	1332.80	1328.10	1340.00	1302.85	0.544 times
24 Wed Jan 2024	1309.75	1323.05	1337.70	1290.15	1.085 times
23 Tue Jan 2024	1315.75	1375.00	1382.80	1298.80	1.203 times
22 Mon Jan 2024	1378.05	1422.30	1422.30	1370.00	0.389 times
19 Fri Jan 2024	1401.30	1372.00	1410.55	1365.00	0.54 times
18 Thu Jan 2024	1364.90	1357.00	1374.30	1320.00	0.826 times
17 Wed Jan 2024	1356.80	1385.00	1387.50	1337.45	1.17 times
16 Tue Jan 2024	1387.45	1415.00	1423.15	1363.80	1.546 times
15 Mon Jan 2024	1419.15	1429.00	1470.00	1410.05	1.38 times

My analysis of stock is bearish for shortterm, and stock might move down till 1333.6 or till 1284.4. Use a stoploss of 1374.64 and if the stock hits stoploss, then it can shoot up till 1415.66

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	1285.05
Downside Target	1320.00
Upside Target	1368.70
Upside Target	1379.75
Upside Target	1422.30
Upside Target	1425.00
Upside Target	1470.00
Upside Target	1494.40

Intraday share price targets for Sharda Motor (SHARDAMOTR)

Target Type	Value
Downside Intraday Target	1336.33
Downside Intraday Target	1313.32
Upside Intraday Target	1375.53
Upside Intraday Target	1391.72
Downside Intraday Target	1352.52

Weekly technical analysis of Sharda Motor (SHARDAMOTR)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Mon Jan 2024	1359.35	1352.25	1368.70	1329.50	0.207 times
25 Thu Jan 2024	1332.80	1422.30	1422.30	1290.15	0.59 times
19 Fri Jan 2024	1401.30	1429.00	1470.00	1320.00	0.455 times
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

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
29 Mon Jan 2024	1359.35	1322.45	1494.40	1285.05	0.721 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 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 Sharda Motor ( (SHARDAMOTR) ) 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 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 Weak and stock is losing momentum.

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

Sharda Motor 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 green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Sharda Motor in short term but BUY signal is weak.

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 1363.29 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.