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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 2024-10-29 View latest technical analysis

10 day averaged volume of Sharda Motor is 22320

Date	Daily Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	2074.75	2048.60	2092.10	2017.10	0.375 times
28 Mon Oct 2024	2022.60	1997.00	2055.85	1974.20	0.777 times
25 Fri Oct 2024	1997.00	2050.00	2076.50	1980.00	0.78 times
24 Thu Oct 2024	2071.30	2092.35	2150.00	2060.00	0.488 times
23 Wed Oct 2024	2098.60	2100.00	2126.70	2056.00	0.78 times
22 Tue Oct 2024	2120.05	2140.15	2144.60	2060.80	1.616 times
21 Mon Oct 2024	2144.50	2145.35	2159.90	2091.35	0.964 times
18 Fri Oct 2024	2145.35	2172.00	2172.00	2110.05	0.567 times
17 Thu Oct 2024	2176.85	2210.80	2215.05	2133.65	1.256 times
16 Wed Oct 2024	2196.95	2207.05	2230.00	2150.00	1.158 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 2058.5 as stoploss in an intra day buy trade for a target of 2152.74. However, stock will show a bearish move below 2058.5.

Share price targets for Sharda Motor (SHARDAMOTR)

Target Type	Value
Downside Target	1419.10
Downside Target	1974.20
Upside Target	2092.10
Upside Target	2263.00
Upside Target	2349.95
Upside Target	2372.10
Upside Target	2480.00
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	2001.93
Downside Intraday Target	1929.12
Upside Intraday Target	2119.83
Upside Intraday Target	2164.92
Downside Intraday Target	2047.02

Weekly technical analysis of Sharda Motor (SHARDAMOTR)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	2074.75	1997.00	2092.10	1974.20	0.249 times
25 Fri Oct 2024	1997.00	2145.35	2159.90	1980.00	0.842 times
18 Fri Oct 2024	2145.35	2144.00	2230.00	2110.05	0.312 times
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

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
29 Tue Oct 2024	2074.75	2475.30	2480.00	1974.20	1.398 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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 buy signal for Sharda Motor in short term but BUY signal is weak.

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 2116.52 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.