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 2024-06-11 View latest technical analysis

10 day averaged volume of Sharda Motor is 79348

Date	Daily Closing Price	Open	High	Low	Volume
11 Tue Jun 2024	1643.65	1669.15	1700.40	1637.00	1.13 times
10 Mon Jun 2024	1659.65	1614.80	1699.00	1614.75	1.714 times
07 Fri Jun 2024	1600.00	1600.00	1610.00	1591.15	0.492 times
06 Thu Jun 2024	1617.60	1570.55	1646.10	1570.55	0.844 times
05 Wed Jun 2024	1600.35	1472.05	1618.00	1451.25	1.211 times
04 Tue Jun 2024	1489.55	1605.00	1605.00	1419.10	1.901 times
03 Mon Jun 2024	1601.10	1612.00	1616.95	1565.00	0.996 times
31 Fri May 2024	1585.00	1574.00	1592.00	1565.00	0.459 times
30 Thu May 2024	1581.35	1590.20	1614.95	1570.05	0.884 times
29 Wed May 2024	1587.65	1583.10	1598.00	1572.50	0.456 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1616.2, but if it comes below 1616.2, then a intra day sell could be more profitable.
If you take a sell trade below 1616.2, then use 1616.2 as stoploss and 1564.01 as target. However if you take a buy trade in stock , then use 1616.2 as stoploss and 1678.8 as target.

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
Downside Target	1519.00
Downside Target	1571.90
Downside Target	1614.75
Downside Target	1641.85
Upside Target	1645.50
Upside Target	1646.10
Upside Target	1700.40

Intraday share price targets for Sharda Motor (SHARDAMOTR)

Target Type	Value
Downside Intraday Target	1605.47
Downside Intraday Target	1567.28
Upside Intraday Target	1691.12
Upside Intraday Target	1738.58
Upside Intraday Target	1652.93

Weekly technical analysis of Sharda Motor (SHARDAMOTR)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Tue Jun 2024	1643.65	1614.80	1700.40	1614.75	0.522 times
07 Fri Jun 2024	1600.00	1612.00	1646.10	1419.10	1.394 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

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
11 Tue Jun 2024	1643.65	1612.00	1700.40	1419.10	0.534 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 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 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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

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 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 1592.96 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.