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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 2024-02-07 View latest technical analysis

10 day averaged volume of Sharda Motor is 29030

Date	Daily Closing Price	Open	High	Low	Volume
07 Wed Feb 2024	1417.65	1364.00	1429.90	1361.65	3.098 times
06 Tue Feb 2024	1364.90	1357.00	1369.95	1350.00	0.463 times
05 Mon Feb 2024	1351.55	1369.95	1384.00	1345.00	1.008 times
02 Fri Feb 2024	1333.80	1375.05	1411.85	1308.15	2.698 times
01 Thu Feb 2024	1377.90	1374.15	1385.00	1360.10	0.512 times
31 Wed Jan 2024	1371.95	1365.00	1380.45	1346.05	0.707 times
30 Tue Jan 2024	1360.60	1358.00	1378.35	1343.00	0.512 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	1.271 times

Stock of Sharda Motor (SHARDAMOTR) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1404.6, but if it comes below 1404.6, then a intra day sell could be more profitable.
If you take a sell trade below 1404.6, then use 1404.6 as stoploss and 1371.86 as target. However if you take a buy trade in stock , then use 1404.6 as stoploss and 1443.9 as target.

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
Downside Target	1411.85
Upside Target	1422.30
Upside Target	1429.90
Upside Target	1470.00
Upside Target	1494.40

Intraday share price targets for Sharda Motor (SHARDAMOTR)

Target Type	Value
Downside Intraday Target	1365.13
Downside Intraday Target	1312.62
Upside Intraday Target	1450.03
Upside Intraday Target	1482.42
Downside Intraday Target	1397.52

Weekly technical analysis of Sharda Motor (SHARDAMOTR)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Wed Feb 2024	1417.65	1369.95	1429.90	1345.00	0.877 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
07 Wed Feb 2024	1417.65	1374.15	1429.90	1308.15	0.181 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 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 to mid 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 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.

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 and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL 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 1363.24 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.