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 2024-10-11 View latest technical analysis

10 day averaged volume of Sharda Motor is 46343

Date	Daily Closing Price	Open	High	Low	Volume
11 Fri Oct 2024	2131.65	2130.00	2150.00	2102.05	0.602 times
10 Thu Oct 2024	2103.15	2120.35	2185.00	2101.00	0.717 times
09 Wed Oct 2024	2107.30	2122.75	2185.00	2012.05	2.509 times
08 Tue Oct 2024	2109.85	2202.05	2202.05	2070.00	3.931 times
07 Mon Oct 2024	2234.95	2338.00	2349.95	2182.35	0.717 times
04 Fri Oct 2024	2283.60	2332.00	2354.55	2263.00	0.316 times
03 Thu Oct 2024	2332.20	2380.00	2409.05	2303.05	0.418 times
01 Tue Oct 2024	2384.10	2475.30	2480.00	2346.05	0.483 times
30 Mon Sep 2024	2426.95	2380.00	2444.20	2379.55	0.328 times
27 Fri Sep 2024	2459.50	2463.50	2495.00	2401.10	0.346 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2221.7, but if it comes above 2221.7, then a intra day buy could be more profitable.
If you take a sell trade below 2221.7, then use 2221.7 as stoploss and 2044 as target. However if you take a buy trade in stock , then use 2221.7 as stoploss and 2369.78 as target.

Share price targets for Sharda Motor (SHARDAMOTR)

Target Type	Value
Downside Target	1419.10
Downside Target	2012.05
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	1979.15
Downside Intraday Target	1826.65
Upside Intraday Target	2317.05
Upside Intraday Target	2502.45
Upside Intraday Target	2164.55

Weekly technical analysis of Sharda Motor (SHARDAMOTR)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Fri Oct 2024	2131.65	2338.00	2349.95	2012.05	5.487 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
11 Fri Oct 2024	2131.65	2475.30	2480.00	2012.05	0.896 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 losing 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red 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 2167.42 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.