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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 2024-08-09 View latest technical analysis

10 day averaged volume of Sharda Motor is 42668

Date	Daily Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	2476.95	2295.00	2491.05	2269.25	1.64 times
08 Thu Aug 2024	2264.60	2277.00	2305.00	2238.15	0.509 times
07 Wed Aug 2024	2278.15	2260.30	2350.00	2232.00	0.503 times
06 Tue Aug 2024	2260.30	2322.35	2350.00	2250.00	0.548 times
05 Mon Aug 2024	2300.35	2312.00	2373.75	2200.05	3.248 times
02 Fri Aug 2024	2426.70	2434.00	2449.90	2390.35	0.741 times
01 Thu Aug 2024	2436.70	2465.00	2510.00	2414.00	0.762 times
31 Wed Jul 2024	2440.35	2425.00	2481.80	2403.45	0.989 times
30 Tue Jul 2024	2423.20	2466.00	2467.25	2409.00	0.449 times
29 Mon Jul 2024	2449.20	2454.95	2504.00	2437.05	1.074 times

My analysis of stock is bullish for shortterm, and stock might move up till 2556.4 or till 2693.2. Use a stoploss of 2442.37 and if this stock hits its stoploss, then it can fall down till 2328.36

Share price targets for Sharda Motor (SHARDAMOTR)

Target Type	Value
Downside Target	1364.25
Downside Target	1419.10
Downside Target	1641.85
Downside Target	2145.70
Downside Target	2200.05
Downside Target	2303.35
Downside Target	2390.35
Upside Target	2491.05
Upside Target	2510.00
Upside Target	2561.90
Upside Target	2727.00
Upside Target	2952.10

Intraday share price targets for Sharda Motor (SHARDAMOTR)

Target Type	Value
Downside Intraday Target	2287.65
Downside Intraday Target	2098.35
Upside Intraday Target	2578.65
Upside Intraday Target	2680.35
Downside Intraday Target	2389.35

Weekly technical analysis of Sharda Motor (SHARDAMOTR)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	2476.95	2312.00	2491.05	2200.05	1.605 times
02 Fri Aug 2024	2426.70	2454.95	2510.00	2390.35	0.805 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

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
09 Fri Aug 2024	2476.95	2465.00	2510.00	2200.05	0.137 times
31 Wed Jul 2024	2440.35	2202.15	2952.10	2145.70	0.984 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

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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Sharda Motor ( (SHARDAMOTR) ) based on a short 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 short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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. Bears are weakening, and bulls 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 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 2375.8 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.