Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-12-31 View latest technical analysis

10 day averaged volume of Sharda Motor is 32972

Date	Daily Closing Price	Open	High	Low	Volume
31 Tue Dec 2024	1859.65	1865.00	1875.05	1816.45	0.611 times
30 Mon Dec 2024	1853.50	1977.40	1995.05	1831.55	1.402 times
27 Fri Dec 2024	1967.00	1820.00	2034.00	1820.00	3.293 times
26 Thu Dec 2024	1826.60	1847.45	1858.45	1808.95	0.455 times
24 Tue Dec 2024	1847.45	1862.00	1883.85	1843.00	0.308 times
23 Mon Dec 2024	1857.80	1902.65	1912.70	1853.00	0.463 times
20 Fri Dec 2024	1903.60	1991.10	2004.75	1885.00	0.878 times
19 Thu Dec 2024	1987.80	2035.85	2036.00	1980.00	0.778 times
18 Wed Dec 2024	2048.95	2065.60	2113.70	2031.40	0.599 times
17 Tue Dec 2024	2074.30	2076.00	2099.50	2051.00	0.824 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1895.1, but if it comes above 1895.1, then a intra day buy could be more profitable.
If you take a sell trade below 1895.1, then use 1895.1 as stoploss and 1784.5 as target. However if you take a buy trade in stock , then use 1895.1 as stoploss and 1987.31 as target.

Share price targets for Sharda Motor (SHARDAMOTR)

Target Type	Value
Downside Target	1808.95
Upside Target	1884.00
Upside Target	1974.20
Upside Target	2124.00
Upside Target	2150.00
Upside Target	2200.05
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	1785.72
Downside Intraday Target	1711.78
Upside Intraday Target	1964.32
Upside Intraday Target	2068.98
Upside Intraday Target	1890.38

Weekly technical analysis of Sharda Motor (SHARDAMOTR)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Tue Dec 2024	1859.65	1977.40	1995.05	1816.45	0.445 times
27 Fri Dec 2024	1967.00	1902.65	2034.00	1808.95	1.108 times
20 Fri Dec 2024	1903.60	2017.45	2124.00	1885.00	0.628 times
13 Fri Dec 2024	2011.70	2110.50	2150.00	1981.25	0.986 times
06 Fri Dec 2024	2079.35	2050.40	2150.00	1981.00	2.047 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
31 Tue Dec 2024	1859.65	2050.40	2150.00	1808.95	1.706 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 down this month, and volume has increased substantially. This means that the move can 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 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 BUY. Signal strength is Weak 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 moving up

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 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 1938.07 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.