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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 2024-06-28 View latest technical analysis

10 day averaged volume of Sharda Motor is 167985

Date	Daily Closing Price	Open	High	Low	Volume
28 Fri Jun 2024	2202.20	2198.00	2224.00	2125.05	0.753 times
27 Thu Jun 2024	2174.15	2099.25	2200.00	2055.50	1.27 times
26 Wed Jun 2024	2087.65	2010.00	2193.10	2001.00	2.954 times
25 Tue Jun 2024	1997.60	1920.00	2005.60	1920.00	0.88 times
24 Mon Jun 2024	1916.75	1815.20	1955.00	1805.80	1.19 times
21 Fri Jun 2024	1803.60	1817.75	1828.95	1798.00	0.168 times
20 Thu Jun 2024	1820.00	1790.35	1843.90	1781.80	0.359 times
19 Wed Jun 2024	1789.95	1800.95	1813.55	1766.05	0.244 times
18 Tue Jun 2024	1800.95	1796.05	1830.95	1784.80	0.618 times
14 Fri Jun 2024	1784.80	1761.95	1800.00	1706.30	1.78 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 2215.6, for a target of 1976 or 1776.38

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	1535.00
Downside Target	1571.90
Downside Target	1614.75
Downside Target	1766.05
Downside Target	1800.00
Downside Target	1805.80
Downside Target	1843.90
Upside Target	2224.00

Intraday share price targets for Sharda Motor (SHARDAMOTR)

Target Type	Value
Downside Intraday Target	1930.67
Downside Intraday Target	1659.13
Upside Intraday Target	2348.87
Upside Intraday Target	2495.53
Downside Intraday Target	2077.33

Weekly technical analysis of Sharda Motor (SHARDAMOTR)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Fri Jun 2024	2202.20	1815.20	2224.00	1805.80	5.073 times
21 Fri Jun 2024	1803.60	1796.05	1843.90	1766.05	0.346 times
14 Fri Jun 2024	1784.80	1614.80	1800.00	1614.75	1.56 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Sharda Motor (SHARDAMOTR)

Date	Monthly Closing Price	Open	High	Low	Volume
28 Fri Jun 2024	2202.20	1612.00	2224.00	1419.10	2.051 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, and volume has increased substantially. This means that the move can 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 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 1987.88 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.