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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 2024-09-09 View latest technical analysis

10 day averaged volume of Sharda Motor is 54931

Date	Daily Closing Price	Open	High	Low	Volume
09 Mon Sep 2024	2626.15	2592.10	2649.00	2525.20	0.424 times
06 Fri Sep 2024	2611.45	2691.15	2719.95	2600.00	0.439 times
05 Thu Sep 2024	2653.75	2663.65	2686.90	2646.30	0.201 times
04 Wed Sep 2024	2654.60	2571.10	2696.95	2571.10	0.634 times
03 Tue Sep 2024	2600.30	2620.40	2647.30	2555.10	0.765 times
02 Mon Sep 2024	2620.40	2711.00	2712.00	2600.00	0.641 times
30 Fri Aug 2024	2711.00	2754.00	2800.00	2685.00	3.762 times
29 Thu Aug 2024	2752.55	2809.85	2815.00	2671.00	1.21 times
28 Wed Aug 2024	2778.20	2759.90	2863.40	2702.30	1.184 times
27 Tue Aug 2024	2704.95	2765.00	2774.35	2660.00	0.559 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 2605.2 as stoploss in an intra day buy trade for a target of 2662.97. However, stock will show a bearish move below 2605.2.

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	2495.05
Upside Target	2633.40
Upside Target	2719.95
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	2551.23
Downside Intraday Target	2476.32
Upside Intraday Target	2675.03
Upside Intraday Target	2723.92
Downside Intraday Target	2600.12

Weekly technical analysis of Sharda Motor (SHARDAMOTR)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Mon Sep 2024	2626.15	2592.10	2649.00	2525.20	0.158 times
06 Fri Sep 2024	2611.45	2711.00	2719.95	2555.10	0.366 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

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
09 Mon Sep 2024	2626.15	2711.00	2719.95	2525.20	0.134 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 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 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 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 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 SELL. Signal strength is Strong 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 getting stronger in this stock.

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

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 2696.41 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.