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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 2024-11-18 View latest technical analysis

10 day averaged volume of Sharda Motor is 25986

Date	Daily Closing Price	Open	High	Low	Volume
18 Mon Nov 2024	1979.60	2019.05	2039.00	1956.05	0.959 times
14 Thu Nov 2024	2018.75	1995.15	2036.05	1937.00	1.812 times
13 Wed Nov 2024	1995.15	2007.00	2050.00	1950.40	2.401 times
12 Tue Nov 2024	2074.95	2125.85	2190.00	2060.00	0.604 times
11 Mon Nov 2024	2125.85	2155.55	2220.00	2115.25	0.481 times
08 Fri Nov 2024	2155.45	2308.65	2308.65	2132.35	0.906 times
07 Thu Nov 2024	2304.35	2339.95	2360.50	2264.05	1.233 times
06 Wed Nov 2024	2290.55	2168.50	2370.10	2164.70	1.079 times
05 Tue Nov 2024	2168.50	2151.00	2182.55	2141.10	0.319 times
04 Mon Nov 2024	2181.65	2223.00	2236.00	2146.15	0.715 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2026.8, but if it comes above 2026.8, then a intra day buy could be more profitable.
If you take a sell trade below 2026.8, then use 2026.8 as stoploss and 1915.8 as target. However if you take a buy trade in stock , then use 2026.8 as stoploss and 2119.25 as target.

Share price targets for Sharda Motor (SHARDAMOTR)

Target Type	Value
Downside Target	1937.00
Upside Target	2039.00
Upside Target	2132.35
Upside Target	2300.00
Upside Target	2370.10
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	1944.1
Downside Intraday Target	1908.6
Upside Intraday Target	2027.05
Upside Intraday Target	2074.5
Upside Intraday Target	1991.55

Weekly technical analysis of Sharda Motor (SHARDAMOTR)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Mon Nov 2024	1979.60	2019.05	2039.00	1956.05	0.181 times
14 Thu Nov 2024	2018.75	2155.55	2220.00	1937.00	1.246 times
08 Fri Nov 2024	2155.45	2223.00	2370.10	2132.35	1.128 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

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
18 Mon Nov 2024	1979.60	2247.00	2370.10	1937.00	0.374 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 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 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 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 2106.76 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.