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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 2024-08-13 View latest technical analysis

10 day averaged volume of Sundram Fasteners is 78688

Date	Daily Closing Price	Open	High	Low	Volume
13 Tue Aug 2024	1347.55	1369.90	1369.90	1325.20	0.935 times
12 Mon Aug 2024	1331.00	1352.95	1361.90	1328.30	0.35 times
09 Fri Aug 2024	1352.90	1364.30	1370.95	1340.00	1.297 times
08 Thu Aug 2024	1359.35	1379.30	1411.30	1353.00	0.775 times
07 Wed Aug 2024	1375.95	1362.00	1380.95	1342.50	0.198 times
06 Tue Aug 2024	1354.85	1362.00	1396.95	1349.00	0.38 times
05 Mon Aug 2024	1369.05	1385.00	1396.00	1361.25	1.287 times
02 Fri Aug 2024	1396.05	1398.15	1418.10	1380.30	0.722 times
01 Thu Aug 2024	1398.35	1424.00	1450.00	1384.10	2.699 times
31 Wed Jul 2024	1401.65	1429.00	1433.00	1388.95	1.375 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1359.8, but if it comes above 1359.8, then a intra day buy could be more profitable.
If you take a sell trade below 1359.8, then use 1359.8 as stoploss and 1328 as target. However if you take a buy trade in stock , then use 1359.8 as stoploss and 1386.34 as target.

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	1396.00
Upside Target	1411.30
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	1325.2
Downside Intraday Target	1302.85
Upside Intraday Target	1369.9
Upside Intraday Target	1392.25
Upside Intraday Target	1347.55

Weekly technical analysis of Sundram Fasteners (SUNDRMFAST)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Tue Aug 2024	1347.55	1352.95	1369.90	1325.20	0.326 times
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

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
13 Tue Aug 2024	1347.55	1424.00	1450.00	1325.20	0.21 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 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 gaining 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 moving up

CCI has generated a buy signal for Sundram Fasteners in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Sundram Fasteners is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1376.78 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 negative.

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