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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 2024-04-12 View latest technical analysis

10 day averaged volume of Sharda Motor is 90770

Date	Daily Closing Price	Open	High	Low	Volume
12 Fri Apr 2024	1537.25	1563.40	1563.40	1513.00	0.641 times
10 Wed Apr 2024	1548.05	1530.00	1589.35	1529.95	1.62 times
09 Tue Apr 2024	1524.55	1531.95	1599.90	1503.00	5.824 times
08 Mon Apr 2024	1438.35	1421.50	1446.00	1421.50	0.211 times
05 Fri Apr 2024	1421.50	1440.00	1448.80	1419.45	0.179 times
04 Thu Apr 2024	1431.30	1452.00	1456.00	1403.15	0.339 times
03 Wed Apr 2024	1430.90	1431.00	1456.70	1422.05	0.368 times
02 Tue Apr 2024	1426.80	1400.00	1435.00	1392.95	0.375 times
01 Mon Apr 2024	1386.70	1380.00	1404.95	1364.25	0.352 times
28 Thu Mar 2024	1366.20	1361.90	1381.00	1350.05	0.189 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1466.6, but if it comes below 1466.6, then a intra day sell could be more profitable.
If you take a sell trade below 1466.6, then use 1466.6 as stoploss and 1347.76 as target. However if you take a buy trade in stock , then use 1466.6 as stoploss and 1609.2 as target.

Share price targets for Sharda Motor (SHARDAMOTR)

Target Type	Value
Downside Target	1120.00
Downside Target	1165.05
Downside Target	1264.55
Downside Target	1346.00
Downside Target	1390.00
Downside Target	1421.50
Downside Target	1456.70
Downside Target	1462.50
Downside Target	1494.40
Upside Target	1571.90
Upside Target	1599.90

Intraday share price targets for Sharda Motor (SHARDAMOTR)

Target Type	Value
Downside Intraday Target	1439.2
Downside Intraday Target	1341.15
Upside Intraday Target	1617.6
Upside Intraday Target	1697.95
Downside Intraday Target	1519.55

Weekly technical analysis of Sharda Motor (SHARDAMOTR)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Fri Apr 2024	1537.25	1421.50	1599.90	1421.50	5.141 times
05 Fri Apr 2024	1421.50	1380.00	1456.70	1364.25	0.883 times
28 Thu Mar 2024	1366.20	1265.00	1390.00	1264.55	0.881 times
22 Fri Mar 2024	1263.65	1227.50	1286.80	1165.05	0.788 times
15 Fri Mar 2024	1212.15	1346.00	1346.00	1180.00	1.529 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
12 Fri Apr 2024	1537.25	1380.00	1599.90	1364.25	1.158 times
28 Thu Mar 2024	1366.20	1379.55	1462.50	1165.05	0.63 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

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 losing 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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 1507.54 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.