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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 2024-02-09 View latest technical analysis

10 day averaged volume of Sharda Motor is 34033

Date	Daily Closing Price	Open	High	Low	Volume
09 Fri Feb 2024	1378.00	1455.00	1455.00	1352.35	3.156 times
08 Thu Feb 2024	1388.25	1422.05	1452.90	1380.00	1.114 times
07 Wed Feb 2024	1417.65	1364.00	1429.90	1361.65	2.642 times
06 Tue Feb 2024	1364.90	1357.00	1369.95	1350.00	0.395 times
05 Mon Feb 2024	1351.55	1369.95	1384.00	1345.00	0.86 times
02 Fri Feb 2024	1333.80	1375.05	1411.85	1308.15	2.301 times
01 Thu Feb 2024	1377.90	1374.15	1385.00	1360.10	0.437 times
31 Wed Jan 2024	1371.95	1365.00	1380.45	1346.05	0.603 times
30 Tue Jan 2024	1360.60	1358.00	1378.35	1343.00	0.437 times
29 Mon Jan 2024	1359.35	1352.25	1368.70	1329.50	0.667 times

Stock of Sharda Motor (SHARDAMOTR) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bullish for shortterm, and stock might move up till 1400.3 or till 1437.3. Use a stoploss of 1369.49 and if this stock hits its stoploss, then it can fall down till 1338.65

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	1455.00
Upside Target	1470.00
Upside Target	1494.40

Intraday share price targets for Sharda Motor (SHARDAMOTR)

Target Type	Value
Downside Intraday Target	1330.33
Downside Intraday Target	1282.67
Upside Intraday Target	1440.33
Upside Intraday Target	1502.67
Upside Intraday Target	1392.67

Weekly technical analysis of Sharda Motor (SHARDAMOTR)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Fri Feb 2024	1378.00	1369.95	1455.00	1345.00	1.837 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Sharda Motor (SHARDAMOTR)

Date	Monthly Closing Price	Open	High	Low	Volume
09 Fri Feb 2024	1378.00	1374.15	1455.00	1308.15	0.298 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 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.

Price action analysis of Sharda Motor ( (SHARDAMOTR) ) based on a short to mid 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.

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 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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

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

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

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 1375.05 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.