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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 2024-02-16 View latest technical analysis

10 day averaged volume of Sharda Motor is 80972

Date	Daily Closing Price	Open	High	Low	Volume
16 Fri Feb 2024	1550.55	1529.70	1571.90	1504.05	0.878 times
15 Thu Feb 2024	1511.20	1540.00	1545.00	1502.00	0.798 times
14 Wed Feb 2024	1534.50	1389.00	1545.00	1378.15	3.34 times
13 Tue Feb 2024	1388.00	1370.00	1395.00	1320.05	0.674 times
12 Mon Feb 2024	1353.15	1360.10	1417.95	1346.00	0.787 times
09 Fri Feb 2024	1378.00	1455.00	1455.00	1352.35	1.326 times
08 Thu Feb 2024	1388.25	1422.05	1452.90	1380.00	0.468 times
07 Wed Feb 2024	1417.65	1364.00	1429.90	1361.65	1.111 times
06 Tue Feb 2024	1364.90	1357.00	1369.95	1350.00	0.166 times
05 Mon Feb 2024	1351.55	1369.95	1384.00	1345.00	0.362 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 1533.7, for a target of 1454.8 or 1388.95

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	1378.90
Downside Target	1411.85
Downside Target	1422.30
Downside Target	1455.00
Downside Target	1470.00
Downside Target	1494.40
Upside Target	1571.90

Intraday share price targets for Sharda Motor (SHARDAMOTR)

Target Type	Value
Downside Intraday Target	1389.77
Downside Intraday Target	1228.98
Upside Intraday Target	1641.62
Upside Intraday Target	1732.68
Downside Intraday Target	1480.83

Weekly technical analysis of Sharda Motor (SHARDAMOTR)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Fri Feb 2024	1550.55	1360.10	1571.90	1320.05	1.887 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 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
16 Fri Feb 2024	1550.55	1374.15	1571.90	1308.15	0.719 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 Strong and stock is gaining momentum.

MACD generated a BUY signal for Sharda Motor in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Sharda Motor Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 1459.21 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.