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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 2024-05-16 View latest technical analysis

10 day averaged volume of Sharda Motor is 39423

Date	Daily Closing Price	Open	High	Low	Volume
16 Thu May 2024	1493.85	1498.00	1498.00	1481.00	0.516 times
15 Wed May 2024	1488.45	1480.00	1498.75	1475.00	0.674 times
14 Tue May 2024	1471.70	1470.40	1484.85	1461.95	0.626 times
13 Mon May 2024	1468.25	1473.20	1480.60	1436.00	0.749 times
10 Fri May 2024	1463.45	1464.45	1474.45	1452.30	0.474 times
09 Thu May 2024	1454.25	1481.15	1503.35	1451.10	0.979 times
08 Wed May 2024	1481.15	1492.05	1503.10	1474.00	0.731 times
07 Tue May 2024	1488.45	1510.00	1510.95	1481.00	0.973 times
06 Mon May 2024	1503.00	1518.40	1528.90	1494.05	1.144 times
03 Fri May 2024	1518.40	1532.00	1549.00	1505.00	1.555 times

My analysis of stock is bearish for shortterm, and stock might move down till 1467.4 or till 1428.1. Use a stoploss of 1500.06 and if the stock hits stoploss, then it can shoot up till 1532.77

Share price targets for Sharda Motor (SHARDAMOTR)

Target Type	Value
Downside Target	1165.05
Downside Target	1285.05
Downside Target	1364.25
Downside Target	1436.00
Upside Target	1498.75
Upside Target	1528.90
Upside Target	1539.00
Upside Target	1554.85
Upside Target	1571.90
Upside Target	1584.90
Upside Target	1641.85

Intraday share price targets for Sharda Motor (SHARDAMOTR)

Target Type	Value
Downside Intraday Target	1453.65
Downside Intraday Target	1413.45
Upside Intraday Target	1516.4
Upside Intraday Target	1538.95
Downside Intraday Target	1476.2

Weekly technical analysis of Sharda Motor (SHARDAMOTR)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Thu May 2024	1493.85	1473.20	1498.75	1436.00	0.596 times
10 Fri May 2024	1463.45	1518.40	1528.90	1451.10	0.459 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

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 Thu May 2024	1493.85	1549.95	1554.85	1436.00	0.202 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 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 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 to mid term time period is neutral. A longer time frame might give a better analysis.

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 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 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below 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 but buying is losing 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 1487.23 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 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.