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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 2024-08-21 View latest technical analysis

10 day averaged volume of Sundram Fasteners is 54698

Date	Daily Closing Price	Open	High	Low	Volume
21 Wed Aug 2024	1347.95	1355.60	1362.70	1327.70	1.107 times
20 Tue Aug 2024	1363.05	1357.00	1370.00	1340.00	1.204 times
19 Mon Aug 2024	1356.15	1345.00	1374.85	1332.00	0.779 times
16 Fri Aug 2024	1340.10	1361.65	1376.95	1333.15	1.391 times
14 Wed Aug 2024	1363.75	1349.90	1369.90	1326.00	0.963 times
13 Tue Aug 2024	1347.55	1369.90	1369.90	1325.20	1.346 times
12 Mon Aug 2024	1331.00	1352.95	1361.90	1328.30	0.504 times
09 Fri Aug 2024	1352.90	1364.30	1370.95	1340.00	1.866 times
08 Thu Aug 2024	1359.35	1379.30	1411.30	1353.00	1.115 times
07 Wed Aug 2024	1375.95	1362.00	1380.95	1342.50	0.285 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1347.7 as stoploss in an intra day buy trade for a target of 1377.38. However, stock will show a bearish move below 1347.7.

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	1367.45
Upside Target	1380.30
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	1325.48
Downside Intraday Target	1303.02
Upside Intraday Target	1372.63
Upside Intraday Target	1397.32
Upside Intraday Target	1350.17

Weekly technical analysis of Sundram Fasteners (SUNDRMFAST)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Wed Aug 2024	1347.95	1345.00	1374.85	1327.70	0.735 times
16 Fri Aug 2024	1340.10	1352.95	1376.95	1325.20	0.742 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

Price has moved up 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
21 Wed Aug 2024	1347.95	1424.00	1450.00	1325.20	0.302 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 coming down

CCI has generated a SELL signal for Sundram Fasteners in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL 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 1352.66 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.