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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 2024-05-06 View latest technical analysis

10 day averaged volume of Sharda Motor is 86197

Date	Daily Closing Price	Open	High	Low	Volume
06 Mon May 2024	1503.00	1518.40	1528.90	1494.05	0.523 times
03 Fri May 2024	1518.40	1532.00	1549.00	1505.00	0.711 times
02 Thu May 2024	1522.00	1549.95	1554.85	1488.50	0.958 times
30 Tue Apr 2024	1539.15	1569.65	1578.35	1530.10	0.505 times
29 Mon Apr 2024	1565.65	1525.00	1584.90	1502.10	2.109 times
26 Fri Apr 2024	1482.80	1499.00	1503.00	1477.00	0.717 times
25 Thu Apr 2024	1485.65	1496.75	1504.40	1477.60	0.446 times
24 Wed Apr 2024	1487.90	1503.00	1513.30	1485.10	0.804 times
23 Tue Apr 2024	1495.45	1509.90	1520.05	1480.40	0.718 times
22 Mon Apr 2024	1497.30	1539.00	1539.00	1495.00	0.836 times

My analysis of stock is bearish for shortterm, and stock might move down till 1464.2 or till 1407.6. Use a stoploss of 1511.34 and if the stock hits stoploss, then it can shoot up till 1558.49

Share price targets for Sharda Motor (SHARDAMOTR)

Target Type	Value
Downside Target	1165.05
Downside Target	1285.05
Downside Target	1364.25
Downside Target	1421.50
Downside Target	1462.50
Upside Target	1528.90
Upside Target	1539.00
Upside Target	1554.85
Upside Target	1571.90
Upside Target	1584.90
Upside Target	1599.90
Upside Target	1641.85

Intraday share price targets for Sharda Motor (SHARDAMOTR)

Target Type	Value
Downside Intraday Target	1488.4
Downside Intraday Target	1473.8
Upside Intraday Target	1523.25
Upside Intraday Target	1543.5
Upside Intraday Target	1508.65

Weekly technical analysis of Sharda Motor (SHARDAMOTR)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Mon May 2024	1503.00	1518.40	1528.90	1494.05	0.122 times
03 Fri May 2024	1518.40	1525.00	1584.90	1488.50	1.217 times
26 Fri Apr 2024	1482.80	1539.00	1539.00	1477.00	0.485 times
19 Fri Apr 2024	1504.15	1535.55	1641.85	1495.00	0.831 times
12 Fri Apr 2024	1537.25	1421.50	1599.90	1421.50	5.141 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
06 Mon May 2024	1503.00	1549.95	1554.85	1488.50	0.092 times
30 Tue Apr 2024	1539.15	1380.00	1641.85	1364.25	2.643 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

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 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 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 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 mid to longer 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

ADX buy sell signal for Sharda Motor stock for short term is BUY. Signal strength is Weak 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green 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 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 1519.21 and Sharda Motor (SHARDAMOTR) stock is trading below this level. This means that stock is falling with high volumes. 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 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.