Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-04-16 View latest technical analysis

10 day averaged volume of Sharda Motor is 97307

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	1609.20	1525.00	1641.85	1524.70	2.891 times
15 Mon Apr 2024	1525.00	1535.55	1565.35	1511.00	0.756 times
12 Fri Apr 2024	1537.25	1563.40	1563.40	1513.00	0.598 times
10 Wed Apr 2024	1548.05	1530.00	1589.35	1529.95	1.511 times
09 Tue Apr 2024	1524.55	1531.95	1599.90	1503.00	5.433 times
08 Mon Apr 2024	1438.35	1421.50	1446.00	1421.50	0.197 times
05 Fri Apr 2024	1421.50	1440.00	1448.80	1419.45	0.167 times
04 Thu Apr 2024	1431.30	1452.00	1456.00	1403.15	0.316 times
03 Wed Apr 2024	1430.90	1431.00	1456.70	1422.05	0.344 times
02 Tue Apr 2024	1426.80	1400.00	1435.00	1392.95	0.35 times

Stock of Sharda Motor (SHARDAMOTR) has showed a significant upmove. This could be a good time to enter in this stock!

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 1661.5, for a target of 1509.7 or 1383.31

Share price targets for Sharda Motor (SHARDAMOTR)

Target Type	Value
Downside Target	1120.00
Downside Target	1165.05
Downside Target	1264.55
Downside Target	1364.25
Downside Target	1421.50
Downside Target	1456.70
Downside Target	1462.50
Downside Target	1494.40
Downside Target	1511.00
Downside Target	1571.90
Downside Target	1599.90
Upside Target	1641.85

Intraday share price targets for Sharda Motor (SHARDAMOTR)

Target Type	Value
Downside Intraday Target	1532.85
Downside Intraday Target	1456.5
Upside Intraday Target	1663.7
Upside Intraday Target	1718.2
Downside Intraday Target	1587.35

Weekly technical analysis of Sharda Motor (SHARDAMOTR)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	1609.20	1535.55	1641.85	1511.00	0.471 times
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

Price has moved up 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
16 Tue Apr 2024	1609.20	1380.00	1641.85	1364.25	1.614 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, and volume has increased substantially. This means that the move can 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 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 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 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 1537.13 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.