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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 2024-12-06 View latest technical analysis

10 day averaged volume of Sharda Motor is 27898

Date	Daily Closing Price	Open	High	Low	Volume
06 Fri Dec 2024	2079.35	2015.00	2130.00	2015.00	2.187 times
05 Thu Dec 2024	1991.30	2040.50	2066.95	1981.00	1.537 times
04 Wed Dec 2024	2034.40	2095.00	2095.00	1998.05	2.645 times
03 Tue Dec 2024	2089.80	2071.85	2150.00	2070.00	0.856 times
02 Mon Dec 2024	2062.20	2050.40	2089.95	2025.45	0.558 times
29 Fri Nov 2024	2047.00	2006.00	2068.00	2004.35	0.568 times
28 Thu Nov 2024	2013.95	2038.50	2054.50	2005.50	0.534 times
27 Wed Nov 2024	2038.50	2050.55	2071.95	2028.00	0.454 times
26 Tue Nov 2024	2045.45	1948.50	2101.40	1937.75	1.255 times
25 Mon Nov 2024	1947.15	1944.25	2003.10	1917.00	0.991 times

Stock of Sharda Motor (SHARDAMOTR) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, and stock might move up till 2126.7 or till 2231.6. Use a stoploss of 2039.19 and if this stock hits its stoploss, then it can fall down till 1951.72

Share price targets for Sharda Motor (SHARDAMOTR)

Target Type	Value
Downside Target	1884.00
Downside Target	2039.00
Upside Target	2101.40
Upside Target	2200.05
Upside Target	2220.00
Upside Target	2370.10
Upside Target	2372.10
Upside Target	2480.00
Upside Target	2719.95
Upside Target	2863.40

Intraday share price targets for Sharda Motor (SHARDAMOTR)

Target Type	Value
Downside Intraday Target	1990.23
Downside Intraday Target	1901.12
Upside Intraday Target	2159.23
Upside Intraday Target	2239.12
Downside Intraday Target	2070.12

Weekly technical analysis of Sharda Motor (SHARDAMOTR)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Fri Dec 2024	2079.35	2050.40	2150.00	1981.00	2.047 times
29 Fri Nov 2024	2047.00	1944.25	2101.40	1917.00	1.154 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Sharda Motor (SHARDAMOTR)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Fri Dec 2024	2079.35	2050.40	2150.00	1981.00	0.474 times
29 Fri Nov 2024	2047.00	2247.00	2370.10	1884.00	0.601 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

Scroll below to view daily charts

Price has moved up 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Sharda Motor ( (SHARDAMOTR) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Sharda Motor ( (SHARDAMOTR) ) based on a short to mid 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 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 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 tired and bears 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 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

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 2036.17 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.