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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 2024-11-01 View latest technical analysis

10 day averaged volume of Sharda Motor is 20231

Date	Daily Closing Price	Open	High	Low	Volume
01 Fri Nov 2024	2226.60	2247.00	2287.80	2202.50	0.576 times
31 Thu Oct 2024	2226.90	2107.95	2300.00	2107.95	2.539 times
30 Wed Oct 2024	2107.85	2084.10	2150.00	2050.10	0.457 times
29 Tue Oct 2024	2074.75	2048.60	2092.10	2017.10	0.414 times
28 Mon Oct 2024	2022.60	1997.00	2055.85	1974.20	0.857 times
25 Fri Oct 2024	1997.00	2050.00	2076.50	1980.00	0.86 times
24 Thu Oct 2024	2071.30	2092.35	2150.00	2060.00	0.539 times
23 Wed Oct 2024	2098.60	2100.00	2126.70	2056.00	0.861 times
22 Tue Oct 2024	2120.05	2140.15	2144.60	2060.80	1.783 times
21 Mon Oct 2024	2144.50	2145.35	2159.90	2091.35	1.063 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2193.3, but if it comes below 2193.3, then a intra day sell could be more profitable.
If you take a sell trade below 2193.3, then use 2193.3 as stoploss and 2130.82 as target. However if you take a buy trade in stock , then use 2193.3 as stoploss and 2268.3 as target.

Share price targets for Sharda Motor (SHARDAMOTR)

Target Type	Value
Downside Target	1974.20
Downside Target	2110.05
Upside Target	2287.80
Upside Target	2300.00
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	2033.87
Downside Intraday Target	1841.13
Upside Intraday Target	2359.67
Upside Intraday Target	2492.73
Downside Intraday Target	2166.93

Weekly technical analysis of Sharda Motor (SHARDAMOTR)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Fri Nov 2024	2226.60	1997.00	2300.00	1974.20	0.949 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
01 Fri Nov 2024	2226.60	2247.00	2287.80	2202.50	0.015 times
31 Thu Oct 2024	2226.90	2475.30	2480.00	1974.20	1.519 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

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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Sharda Motor ( (SHARDAMOTR) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Sharda Motor in short term but the buy signal is initial and weak.

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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a buy signal for Sharda Motor in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 2130.13 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 rising upwards.

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 is giving positive 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.