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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 2024-09-23 View latest technical analysis

10 day averaged volume of Sharda Motor is 26062

Date	Daily Closing Price	Open	High	Low	Volume
23 Mon Sep 2024	2513.70	2511.50	2524.95	2464.05	0.478 times
20 Fri Sep 2024	2511.50	2484.55	2526.85	2440.20	0.611 times
19 Thu Sep 2024	2438.30	2455.40	2495.00	2372.10	1.029 times
18 Wed Sep 2024	2454.75	2482.65	2578.85	2446.05	1.553 times
17 Tue Sep 2024	2473.90	2470.10	2525.10	2445.95	0.392 times
16 Mon Sep 2024	2470.10	2539.05	2550.00	2463.95	0.666 times
13 Fri Sep 2024	2530.40	2500.00	2540.00	2482.55	1.344 times
12 Thu Sep 2024	2531.30	2525.00	2551.90	2435.50	2.317 times
11 Wed Sep 2024	2590.40	2632.10	2643.00	2584.05	0.437 times
10 Tue Sep 2024	2630.25	2628.45	2691.70	2606.75	0.757 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 2495.3 as stoploss in an intra day buy trade for a target of 2592.9. However, stock will show a bearish move below 2495.3.

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	2524.95
Upside Target	2633.40
Upside Target	2691.70
Upside Target	2719.95
Upside Target	2863.40
Upside Target	2952.10

Intraday share price targets for Sharda Motor (SHARDAMOTR)

Target Type	Value
Downside Intraday Target	2476.85
Downside Intraday Target	2440
Upside Intraday Target	2537.75
Upside Intraday Target	2561.8
Downside Intraday Target	2500.9

Weekly technical analysis of Sharda Motor (SHARDAMOTR)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Mon Sep 2024	2513.70	2511.50	2524.95	2464.05	0.113 times
20 Fri Sep 2024	2511.50	2539.05	2578.85	2372.10	0.739 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

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
23 Mon Sep 2024	2513.70	2711.00	2719.95	2372.10	0.329 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 moving up

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 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 2510.56 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 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.