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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 2024-08-28 View latest technical analysis

10 day averaged volume of Sundram Fasteners is 63780

Date	Daily Closing Price	Open	High	Low	Volume
28 Wed Aug 2024	1361.45	1373.80	1376.25	1343.00	1.123 times
27 Tue Aug 2024	1370.40	1379.70	1393.05	1364.30	0.591 times
26 Mon Aug 2024	1372.45	1345.00	1375.00	1340.00	1.962 times
23 Fri Aug 2024	1342.80	1344.70	1350.00	1331.10	0.828 times
22 Thu Aug 2024	1341.40	1330.00	1349.20	1318.00	0.796 times
21 Wed Aug 2024	1347.95	1355.60	1362.70	1327.70	0.95 times
20 Tue Aug 2024	1363.05	1357.00	1370.00	1340.00	1.033 times
19 Mon Aug 2024	1356.15	1345.00	1374.85	1332.00	0.668 times
16 Fri Aug 2024	1340.10	1361.65	1376.95	1333.15	1.193 times
14 Wed Aug 2024	1363.75	1349.90	1369.90	1326.00	0.826 times

My analysis of stock is bearish for shortterm, and stock might move down till 1343.2 or till 1320.3. Use a stoploss of 1362.31 and if the stock hits stoploss, then it can shoot up till 1381.41

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	1318.00
Upside Target	1374.85
Upside Target	1380.30
Upside Target	1393.05
Upside Target	1396.00
Upside Target	1411.30
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	1336.62
Downside Intraday Target	1311.78
Upside Intraday Target	1389.67
Upside Intraday Target	1417.88
Upside Intraday Target	1364.83

Weekly technical analysis of Sundram Fasteners (SUNDRMFAST)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Wed Aug 2024	1361.45	1345.00	1393.05	1340.00	0.86 times
23 Fri Aug 2024	1342.80	1345.00	1374.85	1318.00	1.185 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

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
28 Wed Aug 2024	1361.45	1424.00	1450.00	1318.00	0.406 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 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 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 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.

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 stronger in this stock.

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 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

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 1357.16 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.