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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 2024-03-01 View latest technical analysis

10 day averaged volume of Sharda Motor is 40928

Date	Daily Closing Price	Open	High	Low	Volume
01 Fri Mar 2024	1369.05	1379.55	1398.60	1365.00	0.552 times
29 Thu Feb 2024	1372.55	1366.80	1386.00	1341.05	0.618 times
28 Wed Feb 2024	1364.10	1409.00	1416.40	1358.00	0.547 times
27 Tue Feb 2024	1402.45	1428.10	1445.10	1390.85	1.051 times
26 Mon Feb 2024	1420.85	1463.00	1468.70	1411.00	0.889 times
23 Fri Feb 2024	1451.05	1465.10	1494.00	1442.00	1.105 times
22 Thu Feb 2024	1462.80	1460.00	1493.45	1457.05	0.574 times
21 Wed Feb 2024	1478.15	1508.00	1508.00	1466.00	0.581 times
20 Tue Feb 2024	1503.55	1498.25	1510.05	1453.05	1.978 times
19 Mon Feb 2024	1498.25	1558.00	1564.10	1492.75	0.919 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1364.5 as stoploss in an intra day buy trade for a target of 1428.03. However, stock will show a bearish move below 1364.5.

Share price targets for Sharda Motor (SHARDAMOTR)

Target Type	Value
Downside Target	945.10
Downside Target	1120.00
Downside Target	1285.05
Upside Target	1411.85
Upside Target	1442.00
Upside Target	1455.00
Upside Target	1468.70
Upside Target	1494.40
Upside Target	1564.10
Upside Target	1571.90

Intraday share price targets for Sharda Motor (SHARDAMOTR)

Target Type	Value
Downside Intraday Target	1317.17
Downside Intraday Target	1265.28
Upside Intraday Target	1444.82
Upside Intraday Target	1520.58
Upside Intraday Target	1392.93

Weekly technical analysis of Sharda Motor (SHARDAMOTR)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Fri Mar 2024	1369.05	1463.00	1468.70	1341.05	0.709 times
23 Fri Feb 2024	1451.05	1558.00	1564.10	1442.00	0.402 times
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

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
01 Fri Mar 2024	1369.05	1379.55	1398.60	1365.00	0.018 times
29 Thu Feb 2024	1372.55	1374.15	1571.90	1308.15	0.99 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

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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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 SELL. Signal strength is Strong 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

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

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY 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 1445.43 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.