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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 2024-08-26 View latest technical analysis

10 day averaged volume of Sharda Motor is 60440

Date	Daily Closing Price	Open	High	Low	Volume
26 Mon Aug 2024	2701.05	2779.95	2779.95	2633.40	0.55 times
23 Fri Aug 2024	2715.20	2766.00	2780.00	2690.95	0.416 times
22 Thu Aug 2024	2726.95	2685.00	2772.00	2668.30	0.969 times
21 Wed Aug 2024	2656.95	2640.00	2789.00	2597.75	1.611 times
20 Tue Aug 2024	2593.40	2679.00	2679.00	2570.00	0.442 times
19 Mon Aug 2024	2634.90	2694.95	2698.35	2615.05	0.552 times
16 Fri Aug 2024	2628.40	2591.95	2658.00	2495.05	0.797 times
14 Wed Aug 2024	2537.15	2700.00	2718.30	2525.00	0.84 times
13 Tue Aug 2024	2681.35	2740.00	2744.60	2582.35	0.958 times
12 Mon Aug 2024	2670.70	2548.00	2697.00	2505.45	2.258 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2671.5, but if it comes below 2671.5, then a intra day sell could be more profitable.
If you take a sell trade below 2671.5, then use 2671.5 as stoploss and 2515.13 as target. However if you take a buy trade in stock , then use 2671.5 as stoploss and 2859.1 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	2390.35
Downside Target	2491.05
Downside Target	2570.00
Downside Target	2633.40
Upside Target	2744.60
Upside Target	2779.95
Upside Target	2789.00
Upside Target	2952.10

Intraday share price targets for Sharda Motor (SHARDAMOTR)

Target Type	Value
Downside Intraday Target	2629.65
Downside Intraday Target	2558.25
Upside Intraday Target	2776.2
Upside Intraday Target	2851.35
Upside Intraday Target	2704.8

Weekly technical analysis of Sharda Motor (SHARDAMOTR)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Mon Aug 2024	2701.05	2779.95	2779.95	2633.40	0.138 times
23 Fri Aug 2024	2715.20	2694.95	2789.00	2570.00	0.822 times
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

Price has moved down 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
26 Mon Aug 2024	2701.05	2465.00	2789.00	2200.05	0.365 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 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 Weak 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

Although the stock is in the BUY zone, but buying 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 2657.7 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 negative.

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