Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-10-08 View latest technical analysis

10 day averaged volume of Sharda Motor is 18319

Date	Daily Closing Price	Open	High	Low	Volume
08 Tue Oct 2024	2109.85	2202.05	2202.05	2070.00	9.945 times
07 Mon Oct 2024	2234.95	2338.00	2349.95	2182.35	1.813 times
04 Fri Oct 2024	2283.60	2332.00	2354.55	2263.00	0.8 times
03 Thu Oct 2024	2332.20	2380.00	2409.05	2303.05	1.057 times
01 Tue Oct 2024	2384.10	2475.30	2480.00	2346.05	1.222 times
30 Mon Sep 2024	2426.95	2380.00	2444.20	2379.55	0.829 times
27 Fri Sep 2024	2459.50	2463.50	2495.00	2401.10	0.876 times
26 Thu Sep 2024	2440.90	2487.60	2497.25	2406.00	0.598 times
25 Wed Sep 2024	2487.60	2480.00	2510.45	2458.10	0.801 times
24 Tue Sep 2024	2501.25	2500.00	2514.90	2443.95	1.325 times

Stock of Sharda Motor (SHARDAMOTR) has showed a significant fall. This could be a good time to exit from this stock.

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 2177.7, for a target of 2320.9 or 2440.28

Share price targets for Sharda Motor (SHARDAMOTR)

Target Type	Value
Downside Target	1419.10
Downside Target	2070.00
Upside Target	2145.70
Upside Target	2200.05
Upside Target	2349.95
Upside Target	2480.00
Upside Target	2524.95
Upside Target	2578.85
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	2003.25
Downside Intraday Target	1896.65
Upside Intraday Target	2283.2
Upside Intraday Target	2456.55
Upside Intraday Target	2176.6

Weekly technical analysis of Sharda Motor (SHARDAMOTR)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Tue Oct 2024	2109.85	2338.00	2349.95	2070.00	3.009 times
04 Fri Oct 2024	2283.60	2380.00	2480.00	2263.00	0.913 times
27 Fri Sep 2024	2459.50	2511.50	2524.95	2401.10	0.708 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

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Sharda Motor (SHARDAMOTR)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Tue Oct 2024	2109.85	2475.30	2480.00	2070.00	0.542 times
30 Mon Sep 2024	2426.95	2711.00	2719.95	2372.10	0.393 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

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 and the sell signal is strong.

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 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

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 2240.87 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.