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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 2024-02-06 View latest technical analysis

10 day averaged volume of Sharda Motor is 29009

Date	Daily Closing Price	Open	High	Low	Volume
06 Tue Feb 2024	1364.90	1357.00	1369.95	1350.00	0.464 times
05 Mon Feb 2024	1351.55	1369.95	1384.00	1345.00	1.009 times
02 Fri Feb 2024	1333.80	1375.05	1411.85	1308.15	2.7 times
01 Thu Feb 2024	1377.90	1374.15	1385.00	1360.10	0.513 times
31 Wed Jan 2024	1371.95	1365.00	1380.45	1346.05	0.708 times
30 Tue Jan 2024	1360.60	1358.00	1378.35	1343.00	0.513 times
29 Mon Jan 2024	1359.35	1352.25	1368.70	1329.50	0.782 times
25 Thu Jan 2024	1332.80	1328.10	1340.00	1302.85	0.637 times
24 Wed Jan 2024	1309.75	1323.05	1337.70	1290.15	1.272 times
23 Tue Jan 2024	1315.75	1375.00	1382.80	1298.80	1.41 times

My analysis of stock is bearish for shortterm, and stock might move down till 1339.2 or till 1300.8. Use a stoploss of 1371.3 and if the stock hits stoploss, then it can shoot up till 1403.37

Share price targets for Sharda Motor (SHARDAMOTR)

Target Type	Value
Downside Target	864.60
Downside Target	945.10
Downside Target	1005.00
Downside Target	1120.00
Downside Target	1285.05
Upside Target	1384.00
Upside Target	1411.85
Upside Target	1422.30
Upside Target	1470.00
Upside Target	1494.40

Intraday share price targets for Sharda Motor (SHARDAMOTR)

Target Type	Value
Downside Intraday Target	1345.27
Downside Intraday Target	1325.63
Upside Intraday Target	1384.27
Upside Intraday Target	1403.63
Downside Intraday Target	1364.63

Weekly technical analysis of Sharda Motor (SHARDAMOTR)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Tue Feb 2024	1364.90	1369.95	1384.00	1345.00	0.282 times
02 Fri Feb 2024	1333.80	1352.25	1411.85	1308.15	1.381 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

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
06 Tue Feb 2024	1364.90	1374.15	1411.85	1308.15	0.109 times
31 Wed Jan 2024	1371.95	1322.45	1494.40	1285.05	0.742 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

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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 SELL. 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 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 getting stronger in this stock.

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 SELL signal in short term and selling is picking up 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 1339.69 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.