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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 2024-09-26 View latest technical analysis

10 day averaged volume of Sharda Motor is 25761

Date	Daily Closing Price	Open	High	Low	Volume
26 Thu Sep 2024	2440.90	2487.60	2497.25	2406.00	0.425 times
25 Wed Sep 2024	2487.60	2480.00	2510.45	2458.10	0.569 times
24 Tue Sep 2024	2501.25	2500.00	2514.90	2443.95	0.943 times
23 Mon Sep 2024	2513.70	2511.50	2524.95	2464.05	0.484 times
20 Fri Sep 2024	2511.50	2484.55	2526.85	2440.20	0.618 times
19 Thu Sep 2024	2438.30	2455.40	2495.00	2372.10	1.041 times
18 Wed Sep 2024	2454.75	2482.65	2578.85	2446.05	1.571 times
17 Tue Sep 2024	2473.90	2470.10	2525.10	2445.95	0.396 times
16 Mon Sep 2024	2470.10	2539.05	2550.00	2463.95	0.674 times
13 Fri Sep 2024	2530.40	2500.00	2540.00	2482.55	1.36 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2472.6, but if it comes above 2472.6, then a intra day buy could be more profitable.
If you take a sell trade below 2472.6, then use 2472.6 as stoploss and 2376.6 as target. However if you take a buy trade in stock , then use 2472.6 as stoploss and 2552.6 as target.

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
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	2389.62
Downside Intraday Target	2338.33
Upside Intraday Target	2508.57
Upside Intraday Target	2576.23
Upside Intraday Target	2457.28

Weekly technical analysis of Sharda Motor (SHARDAMOTR)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Thu Sep 2024	2440.90	2511.50	2524.95	2406.00	0.563 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 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 Thu Sep 2024	2440.90	2711.00	2719.95	2372.10	0.369 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 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 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 and the sell signal is strong.

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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 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 2482.46 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 negative.

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