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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 2024-02-08 View latest technical analysis

10 day averaged volume of Sharda Motor is 33931

Date	Daily Closing Price	Open	High	Low	Volume
08 Thu Feb 2024	1388.25	1422.05	1452.90	1380.00	1.117 times
07 Wed Feb 2024	1417.65	1364.00	1429.90	1361.65	2.65 times
06 Tue Feb 2024	1364.90	1357.00	1369.95	1350.00	0.397 times
05 Mon Feb 2024	1351.55	1369.95	1384.00	1345.00	0.863 times
02 Fri Feb 2024	1333.80	1375.05	1411.85	1308.15	2.308 times
01 Thu Feb 2024	1377.90	1374.15	1385.00	1360.10	0.438 times
31 Wed Jan 2024	1371.95	1365.00	1380.45	1346.05	0.605 times
30 Tue Jan 2024	1360.60	1358.00	1378.35	1343.00	0.438 times
29 Mon Jan 2024	1359.35	1352.25	1368.70	1329.50	0.669 times
25 Thu Jan 2024	1332.80	1328.10	1340.00	1302.85	0.545 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 1403.9 as stoploss in an intra day sell trade for a target of 1371.44. However, stock will show a bullish move above 1403.9.

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	1411.85
Upside Target	1422.30
Upside Target	1452.90
Upside Target	1470.00
Upside Target	1494.40

Intraday share price targets for Sharda Motor (SHARDAMOTR)

Target Type	Value
Downside Intraday Target	1337.87
Downside Intraday Target	1287.48
Upside Intraday Target	1445.77
Upside Intraday Target	1503.28
Upside Intraday Target	1395.38

Weekly technical analysis of Sharda Motor (SHARDAMOTR)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Thu Feb 2024	1388.25	1369.95	1452.90	1345.00	1.127 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
08 Thu Feb 2024	1388.25	1374.15	1452.90	1308.15	0.212 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 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 to mid 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 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 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 coming down

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 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 1371.82 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.