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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 2024-05-29 View latest technical analysis

10 day averaged volume of Sharda Motor is 71987

Date	Daily Closing Price	Open	High	Low	Volume
29 Wed May 2024	1587.65	1583.10	1598.00	1572.50	0.503 times
28 Tue May 2024	1583.10	1579.35	1591.65	1535.00	1.15 times
27 Mon May 2024	1566.25	1591.00	1614.70	1557.00	1.17 times
24 Fri May 2024	1568.75	1609.00	1645.50	1542.70	4.075 times
23 Thu May 2024	1575.25	1561.55	1585.85	1529.20	1.259 times
22 Wed May 2024	1546.60	1532.00	1563.00	1501.00	0.707 times
21 Tue May 2024	1513.70	1509.00	1532.90	1482.20	0.54 times
18 Sat May 2024	1494.70	1495.00	1519.00	1488.60	0.139 times
17 Fri May 2024	1483.60	1492.00	1508.40	1478.00	0.309 times
16 Thu May 2024	1493.85	1498.00	1498.00	1481.00	0.282 times

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 1605.7, for a target of 1555.5 or 1513.63

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
Downside Target	1528.90
Downside Target	1535.00
Downside Target	1571.90
Downside Target	1584.90
Upside Target	1614.70
Upside Target	1641.85
Upside Target	1645.50

Intraday share price targets for Sharda Motor (SHARDAMOTR)

Target Type	Value
Downside Intraday Target	1543.53
Downside Intraday Target	1499.42
Upside Intraday Target	1623.23
Upside Intraday Target	1658.82
Downside Intraday Target	1579.12

Weekly technical analysis of Sharda Motor (SHARDAMOTR)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Wed May 2024	1587.65	1591.00	1614.70	1535.00	0.429 times
24 Fri May 2024	1568.75	1509.00	1645.50	1482.20	3.553 times
18 Sat May 2024	1494.70	1473.20	1519.00	1436.00	0.787 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

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
29 Wed May 2024	1587.65	1549.95	1645.50	1436.00	0.547 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 1561.66 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.