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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 2024-02-12 View latest technical analysis

10 day averaged volume of Sharda Motor is 42924

Date	Daily Closing Price	Open	High	Low	Volume
12 Mon Feb 2024	1353.15	1360.10	1417.95	1346.00	1.485 times
09 Fri Feb 2024	1378.00	1455.00	1455.00	1352.35	2.502 times
08 Thu Feb 2024	1388.25	1422.05	1452.90	1380.00	0.883 times
07 Wed Feb 2024	1417.65	1364.00	1429.90	1361.65	2.095 times
06 Tue Feb 2024	1364.90	1357.00	1369.95	1350.00	0.313 times
05 Mon Feb 2024	1351.55	1369.95	1384.00	1345.00	0.682 times
02 Fri Feb 2024	1333.80	1375.05	1411.85	1308.15	1.825 times
01 Thu Feb 2024	1377.90	1374.15	1385.00	1360.10	0.346 times
31 Wed Jan 2024	1371.95	1365.00	1380.45	1346.05	0.478 times
30 Tue Jan 2024	1360.60	1358.00	1378.35	1343.00	0.346 times

My analysis of stock is bearish for shortterm, and stock might move down till 1337.4 or till 1302.9. Use a stoploss of 1366.15 and if the stock hits stoploss, then it can shoot up till 1394.89

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	1378.90
Upside Target	1411.85
Upside Target	1417.95
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	1326.78
Downside Intraday Target	1300.42
Upside Intraday Target	1398.73
Upside Intraday Target	1444.32
Upside Intraday Target	1372.37

Weekly technical analysis of Sharda Motor (SHARDAMOTR)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Mon Feb 2024	1353.15	1360.10	1417.95	1346.00	0.229 times
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

Price has moved down 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
12 Mon Feb 2024	1353.15	1374.15	1455.00	1308.15	0.349 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 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. 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 coming down

CCI has generated a SELL signal for Sharda Motor in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing 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 1372.84 and Sharda Motor (SHARDAMOTR) stock is trading below this level. This means that stock is falling with high volumes. 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.