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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 2024-09-02 View latest technical analysis

10 day averaged volume of Sundram Fasteners is 62595

Date	Daily Closing Price	Open	High	Low	Volume
02 Mon Sep 2024	1341.85	1360.00	1370.20	1332.15	0.535 times
30 Fri Aug 2024	1352.75	1346.90	1380.00	1334.55	1.309 times
29 Thu Aug 2024	1343.20	1364.80	1367.35	1331.50	0.591 times
28 Wed Aug 2024	1361.45	1373.80	1376.25	1343.00	1.144 times
27 Tue Aug 2024	1370.40	1379.70	1393.05	1364.30	0.602 times
26 Mon Aug 2024	1372.45	1345.00	1375.00	1340.00	2 times
23 Fri Aug 2024	1342.80	1344.70	1350.00	1331.10	0.844 times
22 Thu Aug 2024	1341.40	1330.00	1349.20	1318.00	0.811 times
21 Wed Aug 2024	1347.95	1355.60	1362.70	1327.70	0.968 times
20 Tue Aug 2024	1363.05	1357.00	1370.00	1340.00	1.052 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1342.3, but if it comes above 1342.3, then a intra day buy could be more profitable.
If you take a sell trade below 1342.3, then use 1342.3 as stoploss and 1327.8 as target. However if you take a buy trade in stock , then use 1342.3 as stoploss and 1354.4 as target.

Share price targets for Sundram Fasteners (SUNDRMFAST)

Target Type	Value
Downside Target	1115.20
Downside Target	1184.95
Downside Target	1225.00
Downside Target	1318.00
Upside Target	1370.20
Upside Target	1374.85
Upside Target	1376.95
Upside Target	1393.05
Upside Target	1396.00
Upside Target	1411.30
Upside Target	1450.00
Upside Target	1505.95

Intraday share price targets for Sundram Fasteners (SUNDRMFAST)

Target Type	Value
Downside Intraday Target	1325.93
Downside Intraday Target	1310.02
Upside Intraday Target	1363.98
Upside Intraday Target	1386.12
Upside Intraday Target	1348.07

Weekly technical analysis of Sundram Fasteners (SUNDRMFAST)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Mon Sep 2024	1341.85	1360.00	1370.20	1332.15	0.095 times
30 Fri Aug 2024	1352.75	1345.00	1393.05	1331.50	1.296 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

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
02 Mon Sep 2024	1341.85	1360.00	1370.20	1332.15	0.023 times
30 Fri Aug 2024	1352.75	1424.00	1450.00	1318.00	0.443 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

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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 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

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 1356.51 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.