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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 2024-09-05 View latest technical analysis

10 day averaged volume of Sharda Motor is 59781

Date	Daily Closing Price	Open	High	Low	Volume
05 Thu Sep 2024	2653.75	2663.65	2686.90	2646.30	0.185 times
04 Wed Sep 2024	2654.60	2571.10	2696.95	2571.10	0.582 times
03 Tue Sep 2024	2600.30	2620.40	2647.30	2555.10	0.703 times
02 Mon Sep 2024	2620.40	2711.00	2712.00	2600.00	0.589 times
30 Fri Aug 2024	2711.00	2754.00	2800.00	2685.00	3.456 times
29 Thu Aug 2024	2752.55	2809.85	2815.00	2671.00	1.112 times
28 Wed Aug 2024	2778.20	2759.90	2863.40	2702.30	1.088 times
27 Tue Aug 2024	2704.95	2765.00	2774.35	2660.00	0.513 times
26 Mon Aug 2024	2701.05	2779.95	2779.95	2633.40	0.556 times
23 Fri Aug 2024	2715.20	2766.00	2780.00	2690.95	0.42 times

My analysis of stock is bullish for shortterm, and stock might move up till 2748.5 or till 2881. Use a stoploss of 2638.17 and if this stock hits its stoploss, then it can fall down till 2527.8

Share price targets for Sharda Motor (SHARDAMOTR)

Target Type	Value
Downside Target	1419.10
Downside Target	1645.50
Downside Target	2145.70
Downside Target	2200.05
Downside Target	2491.05
Downside Target	2555.10
Downside Target	2633.40
Upside Target	2712.00
Upside Target	2744.60
Upside Target	2789.00
Upside Target	2863.40
Upside Target	2952.10

Intraday share price targets for Sharda Motor (SHARDAMOTR)

Target Type	Value
Downside Intraday Target	2568.57
Downside Intraday Target	2483.38
Upside Intraday Target	2725.47
Upside Intraday Target	2797.18
Downside Intraday Target	2640.28

Weekly technical analysis of Sharda Motor (SHARDAMOTR)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Thu Sep 2024	2653.75	2711.00	2712.00	2555.10	0.306 times
30 Fri Aug 2024	2711.00	2779.95	2863.40	2633.40	1.667 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

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
05 Thu Sep 2024	2653.75	2711.00	2712.00	2555.10	0.097 times
30 Fri Aug 2024	2711.00	2465.00	2863.40	2200.05	0.514 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

Scroll below to view daily charts

Price has moved down 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 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 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 above the green cloud Prices appear to be coming down

CCI has generated a buy signal for Sharda Motor in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 2704.24 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.