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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 2024-01-30 View latest technical analysis

10 day averaged volume of Sharda Motor is 31799

Date	Daily Closing Price	Open	High	Low	Volume
30 Tue Jan 2024	1360.60	1358.00	1378.35	1343.00	0.468 times
29 Mon Jan 2024	1359.35	1352.25	1368.70	1329.50	0.713 times
25 Thu Jan 2024	1332.80	1328.10	1340.00	1302.85	0.582 times
24 Wed Jan 2024	1309.75	1323.05	1337.70	1290.15	1.16 times
23 Tue Jan 2024	1315.75	1375.00	1382.80	1298.80	1.287 times
22 Mon Jan 2024	1378.05	1422.30	1422.30	1370.00	0.416 times
19 Fri Jan 2024	1401.30	1372.00	1410.55	1365.00	0.578 times
18 Thu Jan 2024	1364.90	1357.00	1374.30	1320.00	0.883 times
17 Wed Jan 2024	1356.80	1385.00	1387.50	1337.45	1.252 times
16 Tue Jan 2024	1387.45	1415.00	1423.15	1363.80	1.654 times

My analysis of stock is bearish for shortterm, and stock might move down till 1339.7 or till 1294.3. Use a stoploss of 1377.5 and if the stock hits stoploss, then it can shoot up till 1415.32

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	1371.00
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	1333.95
Downside Intraday Target	1307.3
Upside Intraday Target	1382.8
Upside Intraday Target	1405
Downside Intraday Target	1356.15

Weekly technical analysis of Sharda Motor (SHARDAMOTR)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Tue Jan 2024	1360.60	1352.25	1378.35	1329.50	0.343 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
30 Tue Jan 2024	1360.60	1322.45	1494.40	1285.05	0.73 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 gaining momentum.

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

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. 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 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

Stock of Sharda Motor is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1353.98 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 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.