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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 2024-07-03 View latest technical analysis

10 day averaged volume of Sharda Motor is 220536

Date	Daily Closing Price	Open	High	Low	Volume
03 Wed Jul 2024	2473.65	2482.00	2500.00	2370.60	0.544 times
02 Tue Jul 2024	2482.40	2556.35	2657.85	2432.05	0.907 times
01 Mon Jul 2024	2537.80	2202.15	2618.80	2145.70	3.138 times
28 Fri Jun 2024	2202.20	2198.00	2224.00	2125.05	0.573 times
27 Thu Jun 2024	2174.15	2099.25	2200.00	2055.50	0.968 times
26 Wed Jun 2024	2087.65	2010.00	2193.10	2001.00	2.25 times
25 Tue Jun 2024	1997.60	1920.00	2005.60	1920.00	0.671 times
24 Mon Jun 2024	1916.75	1815.20	1955.00	1805.80	0.906 times
21 Fri Jun 2024	1803.60	1817.75	1828.95	1798.00	0.128 times
20 Thu Jun 2024	1820.00	1790.35	1843.90	1781.80	0.273 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 2580, for a target of 2218.5 or 1917.29

Share price targets for Sharda Motor (SHARDAMOTR)

Target Type	Value
Downside Target	1165.05
Downside Target	1364.25
Downside Target	1419.10
Downside Target	1614.75
Downside Target	1766.05
Downside Target	1843.90
Downside Target	2145.70
Downside Target	2224.00
Upside Target	2657.85

Intraday share price targets for Sharda Motor (SHARDAMOTR)

Target Type	Value
Downside Intraday Target	2193.62
Downside Intraday Target	1913.58
Upside Intraday Target	2705.77
Upside Intraday Target	2937.88
Downside Intraday Target	2425.73

Weekly technical analysis of Sharda Motor (SHARDAMOTR)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Wed Jul 2024	2473.65	2202.15	2657.85	2145.70	0.855 times
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

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
03 Wed Jul 2024	2473.65	2202.15	2657.85	2145.70	0.401 times
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

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 losing 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 SELL signal for Sharda Motor in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 2261.96 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.