Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-10-29 View latest technical analysis

10 day averaged volume of Sundram Fasteners is 62036

Date	Daily Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	1329.45	1303.10	1338.05	1298.90	0.448 times
28 Mon Oct 2024	1307.10	1365.10	1374.40	1296.10	1.463 times
25 Fri Oct 2024	1367.60	1394.10	1398.65	1329.15	0.692 times
24 Thu Oct 2024	1394.10	1382.00	1400.00	1354.45	0.572 times
23 Wed Oct 2024	1374.75	1382.25	1382.25	1333.55	0.658 times
22 Tue Oct 2024	1382.25	1390.00	1399.00	1376.70	0.489 times
21 Mon Oct 2024	1393.75	1386.00	1403.20	1382.85	0.399 times
18 Fri Oct 2024	1395.45	1410.95	1423.90	1386.00	0.463 times
17 Thu Oct 2024	1418.10	1486.90	1487.20	1407.25	1.293 times
16 Wed Oct 2024	1479.45	1439.90	1497.55	1421.00	2.381 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 1317.1, for a target of 1364.9 or 1404.7

Share price targets for Sundram Fasteners (SUNDRMFAST)

Target Type	Value
Downside Target	1184.95
Downside Target	1296.10
Upside Target	1364.00
Upside Target	1403.20
Upside Target	1438.00
Upside Target	1450.00
Upside Target	1453.00
Upside Target	1490.70
Upside Target	1497.55
Upside Target	1505.95

Intraday share price targets for Sundram Fasteners (SUNDRMFAST)

Target Type	Value
Downside Intraday Target	1292.23
Downside Intraday Target	1255.02
Upside Intraday Target	1370.53
Upside Intraday Target	1411.62
Upside Intraday Target	1333.32

Weekly technical analysis of Sundram Fasteners (SUNDRMFAST)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	1329.45	1365.10	1374.40	1296.10	0.68 times
25 Fri Oct 2024	1367.60	1386.00	1403.20	1329.15	0.451 times
18 Fri Oct 2024	1395.45	1434.25	1497.55	1386.00	0.932 times
11 Fri Oct 2024	1434.25	1418.45	1490.70	1373.00	1.251 times
04 Fri Oct 2024	1418.45	1366.00	1438.00	1364.00	0.858 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
29 Tue Oct 2024	1329.45	1374.00	1497.55	1296.10	0.952 times
30 Mon Sep 2024	1372.20	1360.00	1453.00	1323.00	0.979 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

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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

ADX buy sell signal for Sundram Fasteners stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Sundram Fasteners in short term and the sell signal is strong.

Sundram Fasteners Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

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 but selling is losing 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 1398.8 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.