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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 2024-09-19 View latest technical analysis

10 day averaged volume of Sharda Motor is 25304

Date	Daily Closing Price	Open	High	Low	Volume
19 Thu Sep 2024	2438.30	2455.40	2495.00	2372.10	1.06 times
18 Wed Sep 2024	2454.75	2482.65	2578.85	2446.05	1.599 times
17 Tue Sep 2024	2473.90	2470.10	2525.10	2445.95	0.403 times
16 Mon Sep 2024	2470.10	2539.05	2550.00	2463.95	0.686 times
13 Fri Sep 2024	2530.40	2500.00	2540.00	2482.55	1.385 times
12 Thu Sep 2024	2531.30	2525.00	2551.90	2435.50	2.386 times
11 Wed Sep 2024	2590.40	2632.10	2643.00	2584.05	0.45 times
10 Tue Sep 2024	2630.25	2628.45	2691.70	2606.75	0.78 times
09 Mon Sep 2024	2626.15	2592.10	2649.00	2525.20	0.921 times
06 Fri Sep 2024	2611.45	2691.15	2719.95	2600.00	0.953 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 2394.4, for a target of 2513.3 or 2612.45

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	2372.10
Downside Target	2435.50
Upside Target	2555.10
Upside Target	2633.40
Upside Target	2691.70
Upside Target	2719.95
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	2347.32
Downside Intraday Target	2256.33
Upside Intraday Target	2554.07
Upside Intraday Target	2669.83
Upside Intraday Target	2463.08

Weekly technical analysis of Sharda Motor (SHARDAMOTR)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Thu Sep 2024	2438.30	2539.05	2578.85	2372.10	0.633 times
13 Fri Sep 2024	2530.40	2592.10	2691.70	2435.50	1.018 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

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
19 Thu Sep 2024	2438.30	2711.00	2719.95	2372.10	0.307 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 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 mid to longer 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.

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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

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 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 2529.43 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.