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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 2024-08-09 View latest technical analysis

10 day averaged volume of Sundram Fasteners is 79260

Date	Daily Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	1352.90	1364.30	1370.95	1340.00	1.288 times
08 Thu Aug 2024	1359.35	1379.30	1411.30	1353.00	0.77 times
07 Wed Aug 2024	1375.95	1362.00	1380.95	1342.50	0.197 times
06 Tue Aug 2024	1354.85	1362.00	1396.95	1349.00	0.377 times
05 Mon Aug 2024	1369.05	1385.00	1396.00	1361.25	1.278 times
02 Fri Aug 2024	1396.05	1398.15	1418.10	1380.30	0.717 times
01 Thu Aug 2024	1398.35	1424.00	1450.00	1384.10	2.68 times
31 Wed Jul 2024	1401.65	1429.00	1433.00	1388.95	1.365 times
30 Tue Jul 2024	1425.50	1433.60	1449.00	1422.00	0.909 times
29 Mon Jul 2024	1426.45	1428.00	1457.90	1420.00	1.106 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 1344.3, for a target of 1370 or 1391.36

Share price targets for Sundram Fasteners (SUNDRMFAST)

Target Type	Value
Downside Target	1048.55
Downside Target	1115.20
Downside Target	1164.90
Downside Target	1225.00
Downside Target	1322.35
Upside Target	1411.30
Upside Target	1430.00
Upside Target	1442.20
Upside Target	1450.00
Upside Target	1457.90
Upside Target	1505.95

Intraday share price targets for Sundram Fasteners (SUNDRMFAST)

Target Type	Value
Downside Intraday Target	1324.83
Downside Intraday Target	1296.77
Upside Intraday Target	1396.13
Upside Intraday Target	1439.37
Upside Intraday Target	1368.07

Weekly technical analysis of Sundram Fasteners (SUNDRMFAST)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	1352.90	1385.00	1411.30	1340.00	0.577 times
02 Fri Aug 2024	1396.05	1428.00	1457.90	1380.30	1.626 times
26 Fri Jul 2024	1419.90	1377.75	1442.20	1367.45	0.227 times
19 Fri Jul 2024	1377.75	1404.30	1505.95	1365.00	3.638 times
12 Fri Jul 2024	1397.30	1409.35	1430.00	1383.80	0.506 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 Sundram Fasteners (SUNDRMFAST)

Date	Monthly Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	1352.90	1424.00	1450.00	1340.00	0.179 times
31 Wed Jul 2024	1401.65	1322.35	1505.95	1322.35	0.735 times
28 Fri Jun 2024	1353.05	1285.65	1396.00	1184.95	1.15 times
31 Fri May 2024	1191.35	1127.15	1225.00	1115.20	0.756 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 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 Sundram Fasteners ( (SUNDRMFAST) ) 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 Sundram Fasteners ( (SUNDRMFAST) ) based on a mid to longer 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.

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 SELL signal for Sundram Fasteners in short term but the sell signal is initial and weak.

Sundram Fasteners 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Sundram Fasteners 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 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 1390.1 and Sundram Fasteners (SUNDRMFAST) 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 Sundram Fasteners (SUNDRMFAST) stock. Volume based technical analysis of Sundram Fasteners (SUNDRMFAST) stock is negative.

Sundram Fasteners Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.