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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 2024-06-04 View latest technical analysis

10 day averaged volume of Sharda Motor is 86249

Date	Daily Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	1489.55	1605.00	1605.00	1419.10	1.749 times
03 Mon Jun 2024	1601.10	1612.00	1616.95	1565.00	0.916 times
31 Fri May 2024	1585.00	1574.00	1592.00	1565.00	0.422 times
30 Thu May 2024	1581.35	1590.20	1614.95	1570.05	0.813 times
29 Wed May 2024	1587.65	1583.10	1598.00	1572.50	0.42 times
28 Tue May 2024	1583.10	1579.35	1591.65	1535.00	0.96 times
27 Mon May 2024	1566.25	1591.00	1614.70	1557.00	0.976 times
24 Fri May 2024	1568.75	1609.00	1645.50	1542.70	3.401 times
23 Thu May 2024	1575.25	1561.55	1585.85	1529.20	1.051 times
22 Wed May 2024	1546.60	1532.00	1563.00	1501.00	0.59 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1475.1 as stoploss in an intra day buy trade for a target of 1524.89. However, stock will show a bearish move below 1475.1.

Share price targets for Sharda Motor (SHARDAMOTR)

Target Type	Value
Downside Target	1165.05
Downside Target	1308.15
Downside Target	1364.25
Downside Target	1419.10
Upside Target	1519.00
Upside Target	1571.90
Upside Target	1614.95
Upside Target	1616.95
Upside Target	1641.85
Upside Target	1645.50

Intraday share price targets for Sharda Motor (SHARDAMOTR)

Target Type	Value
Downside Intraday Target	1400.12
Downside Intraday Target	1310.68
Upside Intraday Target	1597.97
Upside Intraday Target	1706.38
Upside Intraday Target	1508.53

Weekly technical analysis of Sharda Motor (SHARDAMOTR)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	1489.55	1612.00	1616.95	1419.10	0.742 times
31 Fri May 2024	1585.00	1591.00	1614.95	1535.00	0.654 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

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
04 Tue Jun 2024	1489.55	1612.00	1616.95	1419.10	0.187 times
31 Fri May 2024	1585.00	1549.95	1645.50	1436.00	0.599 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

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 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 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 SELL. Signal strength is Strong 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. Bulls are getting tired and bears are picking up momentum.

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 SELL signal in short term and selling is picking up 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 1561.78 and Sharda Motor (SHARDAMOTR) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.