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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 2024-08-16 View latest technical analysis

10 day averaged volume of Sharda Motor is 58444

Date	Daily Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	2628.40	2591.95	2658.00	2495.05	0.824 times
14 Wed Aug 2024	2537.15	2700.00	2718.30	2525.00	0.868 times
13 Tue Aug 2024	2681.35	2740.00	2744.60	2582.35	0.991 times
12 Mon Aug 2024	2670.70	2548.00	2697.00	2505.45	2.335 times
09 Fri Aug 2024	2476.95	2295.00	2491.05	2269.25	1.198 times
08 Thu Aug 2024	2264.60	2277.00	2305.00	2238.15	0.371 times
07 Wed Aug 2024	2278.15	2260.30	2350.00	2232.00	0.367 times
06 Tue Aug 2024	2260.30	2322.35	2350.00	2250.00	0.4 times
05 Mon Aug 2024	2300.35	2312.00	2373.75	2200.05	2.371 times
02 Fri Aug 2024	2426.70	2434.00	2449.90	2390.35	0.541 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2560.6, but if it comes below 2560.6, then a intra day sell could be more profitable.
If you take a sell trade below 2560.6, then use 2560.6 as stoploss and 2443.91 as target. However if you take a buy trade in stock , then use 2560.6 as stoploss and 2700.6 as target.

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
Downside Target	2491.05
Downside Target	2510.00
Downside Target	2561.90
Upside Target	2727.00
Upside Target	2744.60
Upside Target	2952.10

Intraday share price targets for Sharda Motor (SHARDAMOTR)

Target Type	Value
Downside Intraday Target	2500.77
Downside Intraday Target	2373.13
Upside Intraday Target	2750.32
Upside Intraday Target	2872.23
Downside Intraday Target	2622.68

Weekly technical analysis of Sharda Motor (SHARDAMOTR)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	2628.40	2548.00	2744.60	2495.05	1.066 times
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

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
16 Fri Aug 2024	2628.40	2465.00	2744.60	2200.05	0.255 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 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 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 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 2491.31 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.