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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 2024-11-05 View latest technical analysis

10 day averaged volume of Sundram Fasteners is 42083

Date	Daily Closing Price	Open	High	Low	Volume
05 Tue Nov 2024	1350.20	1355.00	1399.90	1345.05	2.713 times
04 Mon Nov 2024	1360.70	1341.95	1368.00	1330.00	1.989 times
01 Fri Nov 2024	1341.95	1345.00	1362.15	1321.75	0.243 times
31 Thu Oct 2024	1345.10	1337.00	1367.95	1321.10	0.96 times
30 Wed Oct 2024	1331.75	1320.50	1338.75	1314.65	0.436 times
29 Tue Oct 2024	1329.45	1303.10	1338.05	1298.90	0.661 times
28 Mon Oct 2024	1307.10	1365.10	1374.40	1296.10	2.157 times
25 Fri Oct 2024	1367.60	1394.10	1398.65	1329.15	1.02 times
24 Thu Oct 2024	1394.10	1382.00	1400.00	1354.45	0.843 times
23 Wed Oct 2024	1374.75	1382.25	1382.25	1333.55	0.97 times

Stock of Sundram Fasteners (SUNDRMFAST) has showed a significant fall. This could be a good time to exit from this stock.

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 1342.2 as stoploss in an intra day buy trade for a target of 1387.76. However, stock will show a bearish move below 1342.2.

Share price targets for Sundram Fasteners (SUNDRMFAST)

Target Type	Value
Downside Target	1296.10
Upside Target	1373.00
Upside Target	1399.90
Upside Target	1403.20
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	1320.17
Downside Intraday Target	1290.13
Upside Intraday Target	1390.07
Upside Intraday Target	1429.93
Upside Intraday Target	1360.03

Weekly technical analysis of Sundram Fasteners (SUNDRMFAST)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Tue Nov 2024	1350.20	1341.95	1399.90	1330.00	1.055 times
01 Fri Nov 2024	1341.95	1365.10	1374.40	1296.10	1.076 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

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
05 Tue Nov 2024	1350.20	1345.00	1399.90	1321.75	0.149 times
31 Thu Oct 2024	1345.10	1374.00	1497.55	1296.10	0.994 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

Scroll below to view daily charts

Price has moved up 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 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 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 neutral. A longer time frame might give a better analysis.

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 and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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. 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 buy signal for Sundram Fasteners in short term and BUY 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

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1348.35 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 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.