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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 2024-03-04 View latest technical analysis

10 day averaged volume of Sharda Motor is 32894

Date	Daily Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	1364.00	1421.30	1462.50	1350.00	1.209 times
02 Sat Mar 2024	1421.25	1388.75	1433.30	1375.00	0.176 times
01 Fri Mar 2024	1369.05	1379.55	1398.60	1365.00	0.687 times
29 Thu Feb 2024	1372.55	1366.80	1386.00	1341.05	0.769 times
28 Wed Feb 2024	1364.10	1409.00	1416.40	1358.00	0.681 times
27 Tue Feb 2024	1402.45	1428.10	1445.10	1390.85	1.307 times
26 Mon Feb 2024	1420.85	1463.00	1468.70	1411.00	1.106 times
23 Fri Feb 2024	1451.05	1465.10	1494.00	1442.00	1.375 times
22 Thu Feb 2024	1462.80	1460.00	1493.45	1457.05	0.715 times
21 Wed Feb 2024	1478.15	1508.00	1508.00	1466.00	0.723 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1370.3, but if it comes above 1370.3, then a intra day buy could be more profitable.
If you take a sell trade below 1370.3, then use 1370.3 as stoploss and 1296.9 as target. However if you take a buy trade in stock , then use 1370.3 as stoploss and 1431.47 as target.

Share price targets for Sharda Motor (SHARDAMOTR)

Target Type	Value
Downside Target	945.10
Downside Target	1120.00
Downside Target	1285.05
Upside Target	1378.90
Upside Target	1442.00
Upside Target	1462.50
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	1321.83
Downside Intraday Target	1279.67
Upside Intraday Target	1434.33
Upside Intraday Target	1504.67
Upside Intraday Target	1392.17

Weekly technical analysis of Sharda Motor (SHARDAMOTR)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	1364.00	1421.30	1462.50	1350.00	0.256 times
02 Sat Mar 2024	1421.25	1463.00	1468.70	1341.05	0.736 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

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
04 Mon Mar 2024	1364.00	1379.55	1462.50	1350.00	0.055 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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 Weak and stock is gaining 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 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

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 1410.44 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.