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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 2024-11-04 View latest technical analysis

10 day averaged volume of Sharda Motor is 20131

Date	Daily Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	2181.65	2223.00	2236.00	2146.15	0.923 times
01 Fri Nov 2024	2226.60	2247.00	2287.80	2202.50	0.579 times
31 Thu Oct 2024	2226.90	2107.95	2300.00	2107.95	2.552 times
30 Wed Oct 2024	2107.85	2084.10	2150.00	2050.10	0.459 times
29 Tue Oct 2024	2074.75	2048.60	2092.10	2017.10	0.416 times
28 Mon Oct 2024	2022.60	1997.00	2055.85	1974.20	0.862 times
25 Fri Oct 2024	1997.00	2050.00	2076.50	1980.00	0.865 times
24 Thu Oct 2024	2071.30	2092.35	2150.00	2060.00	0.542 times
23 Wed Oct 2024	2098.60	2100.00	2126.70	2056.00	0.865 times
22 Tue Oct 2024	2120.05	2140.15	2144.60	2060.80	1.792 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 2187.2 as stoploss in an intra day sell trade for a target of 2128.15. However, stock will show a bullish move above 2187.2.

Share price targets for Sharda Motor (SHARDAMOTR)

Target Type	Value
Downside Target	1974.20
Downside Target	2110.05
Upside Target	2236.00
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	2139.87
Downside Intraday Target	2098.08
Upside Intraday Target	2229.72
Upside Intraday Target	2277.78
Upside Intraday Target	2187.93

Weekly technical analysis of Sharda Motor (SHARDAMOTR)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	2181.65	2223.00	2236.00	2146.15	0.19 times
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

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
04 Mon Nov 2024	2181.65	2247.00	2287.80	2146.15	0.04 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 neutral. A longer time frame might give a better analysis.

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 Weak 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 SELL signal for Sharda Motor in short term but SELL signal is weak.

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 2133.39 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.