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(SUNDRMFAST) Sundram Fasteners complete technical analysis [charts+indicators] | Buy/Sell Sundram Fasteners | (SUNDRMFAST) share price targets

Complete technical analysis of Sundram Fasteners (SUNDRMFAST) by charts plus indicators, forecast predictions and share price targets for Sundram Fasteners (SUNDRMFAST)

Sundram Fasteners trades in NSE in Auto Parts & Equipment sector.

Showing technical analysis as on 2024-04-04 View latest technical analysis

10 day averaged volume of Sundram Fasteners is 139041

Date	Daily Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	1083.50	1088.95	1101.00	1072.00	0.924 times
03 Wed Apr 2024	1084.50	1090.00	1104.00	1078.55	0.672 times
02 Tue Apr 2024	1087.85	1091.00	1117.40	1082.45	1.714 times
01 Mon Apr 2024	1091.80	1093.60	1109.80	1075.10	2.84 times
28 Thu Mar 2024	1093.60	1063.75	1108.85	1042.95	0.931 times
27 Wed Mar 2024	1062.25	1040.00	1069.95	1028.30	0.714 times
26 Tue Mar 2024	1040.10	1038.05	1046.40	1032.05	0.404 times
22 Fri Mar 2024	1039.55	1026.00	1047.90	1022.25	0.533 times
21 Thu Mar 2024	1025.90	1018.00	1030.15	1017.20	0.876 times
20 Wed Mar 2024	1015.85	1030.00	1033.70	1009.20	0.488 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1075.2, but if it comes below 1075.2, then a intra day sell could be more profitable.
If you take a sell trade below 1075.2, then use 1075.2 as stoploss and 1049.48 as target. However if you take a buy trade in stock , then use 1075.2 as stoploss and 1106.1 as target.

Share price targets for Sundram Fasteners (SUNDRMFAST)

Target Type	Value
Downside Target	1003.05
Downside Target	1072.00
Upside Target	1098.35
Upside Target	1108.85
Upside Target	1117.40
Upside Target	1215.00
Upside Target	1216.00
Upside Target	1276.00
Upside Target	1286.50
Upside Target	1295.00

Intraday share price targets for Sundram Fasteners (SUNDRMFAST)

Target Type	Value
Downside Intraday Target	1064.53
Downside Intraday Target	1045.57
Upside Intraday Target	1109.93
Upside Intraday Target	1136.37
Upside Intraday Target	1090.97

Weekly technical analysis of Sundram Fasteners (SUNDRMFAST)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	1083.50	1093.60	1117.40	1072.00	3.002 times
28 Thu Mar 2024	1093.60	1038.05	1108.85	1028.30	0.643 times
22 Fri Mar 2024	1039.55	1018.00	1072.00	1009.20	0.57 times
15 Fri Mar 2024	1017.85	1039.00	1072.00	1003.05	1.522 times
07 Thu Mar 2024	1037.95	1096.00	1098.35	1015.10	1.275 times

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

Monthly technical analysis of Sundram Fasteners (SUNDRMFAST)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	1083.50	1093.60	1117.40	1072.00	0.414 times
28 Thu Mar 2024	1093.60	1074.00	1108.85	1003.05	0.769 times
29 Thu Feb 2024	1070.50	1225.25	1286.50	1035.00	1.731 times
31 Wed Jan 2024	1219.15	1242.95	1295.00	1215.00	0.558 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 Sundram Fasteners (SUNDRMFAST)

Price action analysis of Sundram Fasteners ( (SUNDRMFAST) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Sundram Fasteners ( (SUNDRMFAST) ) 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 Sundram Fasteners ( (SUNDRMFAST) ) 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 Sundram Fasteners ( (SUNDRMFAST) ) 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 Sundram Fasteners stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Sundram Fasteners 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.

Sundram Fasteners Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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 Sundram Fasteners 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 Sundram Fasteners is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1073.74 and Sundram Fasteners (SUNDRMFAST) 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 Sundram Fasteners (SUNDRMFAST) stock. Volume based technical analysis of Sundram Fasteners (SUNDRMFAST) stock is negative.

Sundram Fasteners 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.