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 2024-07-29 View latest technical analysis

10 day averaged volume of Sharda Motor is 48909

Date	Daily Closing Price	Open	High	Low	Volume
29 Mon Jul 2024	2449.20	2454.95	2504.00	2437.05	0.937 times
26 Fri Jul 2024	2441.50	2436.60	2543.95	2425.00	1.026 times
25 Thu Jul 2024	2423.80	2420.75	2465.40	2409.10	0.276 times
24 Wed Jul 2024	2424.75	2381.00	2481.95	2381.00	0.827 times
23 Tue Jul 2024	2401.65	2410.00	2464.60	2303.35	1.061 times
22 Mon Jul 2024	2417.30	2490.00	2561.90	2400.00	1.162 times
19 Fri Jul 2024	2495.15	2502.00	2529.00	2425.85	2.214 times
18 Thu Jul 2024	2532.75	2600.00	2600.00	2488.25	1.113 times
16 Tue Jul 2024	2624.50	2662.30	2727.00	2582.35	0.622 times
15 Mon Jul 2024	2653.90	2679.00	2719.20	2542.35	1.066 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 2416.5 as stoploss in an intra day buy trade for a target of 2557.22. However, stock will show a bearish move below 2416.5.

Share price targets for Sharda Motor (SHARDAMOTR)

Target Type	Value
Downside Target	1165.05
Downside Target	1364.25
Downside Target	1419.10
Downside Target	1641.85
Downside Target	2145.70
Downside Target	2224.00
Downside Target	2303.35
Downside Target	2405.05
Upside Target	2504.00
Upside Target	2561.90
Upside Target	2657.85
Upside Target	2727.00
Upside Target	2952.10

Intraday share price targets for Sharda Motor (SHARDAMOTR)

Target Type	Value
Downside Intraday Target	2422.83
Downside Intraday Target	2396.47
Upside Intraday Target	2489.78
Upside Intraday Target	2530.37
Upside Intraday Target	2463.42

Weekly technical analysis of Sharda Motor (SHARDAMOTR)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Mon Jul 2024	2449.20	2454.95	2504.00	2437.05	0.215 times
26 Fri Jul 2024	2441.50	2490.00	2561.90	2303.35	0.868 times
19 Fri Jul 2024	2495.15	2679.00	2727.00	2425.85	0.341 times
12 Fri Jul 2024	2675.55	2580.00	2952.10	2405.05	0.599 times
05 Fri Jul 2024	2583.15	2202.15	2657.85	2145.70	1.013 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 Mon Jul 2024	2449.20	2202.15	2952.10	2145.70	0.96 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 Weak and stock is gaining momentum.

MACD generated a SELL signal for Sharda Motor in short term but the sell signal is initial and weak.

Sharda Motor Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Sharda Motor in short term and SELL 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 2487.96 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 positive

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