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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 2024-11-28 View latest technical analysis

10 day averaged volume of Sharda Motor is 29248

Date	Daily Closing Price	Open	High	Low	Volume
28 Thu Nov 2024	2013.95	2038.50	2054.50	2005.50	0.509 times
27 Wed Nov 2024	2038.50	2050.55	2071.95	2028.00	0.433 times
26 Tue Nov 2024	2045.45	1948.50	2101.40	1937.75	1.197 times
25 Mon Nov 2024	1947.15	1944.25	2003.10	1917.00	0.946 times
22 Fri Nov 2024	1916.85	1935.00	1957.10	1884.00	0.574 times
21 Thu Nov 2024	1920.15	1944.65	1961.00	1905.00	0.631 times
19 Tue Nov 2024	1943.65	1980.00	2001.95	1926.80	1.087 times
18 Mon Nov 2024	1979.60	2019.05	2039.00	1956.05	0.852 times
14 Thu Nov 2024	2018.75	1995.15	2036.05	1937.00	1.61 times
13 Wed Nov 2024	1995.15	2007.00	2050.00	1950.40	2.133 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 1965.6 as stoploss in an intra day buy trade for a target of 2084.09. However, stock will show a bearish move below 1965.6.

Share price targets for Sharda Motor (SHARDAMOTR)

Target Type	Value
Downside Target	1884.00
Upside Target	2039.00
Upside Target	2101.40
Upside Target	2200.05
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	1920.17
Downside Intraday Target	1826.38
Upside Intraday Target	2104.57
Upside Intraday Target	2195.18
Downside Intraday Target	2010.78

Weekly technical analysis of Sharda Motor (SHARDAMOTR)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Thu Nov 2024	2013.95	1944.25	2101.40	1917.00	0.981 times
22 Fri Nov 2024	1916.85	2019.05	2039.00	1884.00	0.668 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

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
28 Thu Nov 2024	2013.95	2247.00	2370.10	1884.00	0.58 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 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 Weak and stock is gaining 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

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 but SELL signal is weak.

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

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 1987.1 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 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.