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(SHARDAMOTR) Sharda Motor complete technical analysis [charts+indicators] | Buy/Sell Sharda Motor | (SHARDAMOTR) share price targets

Complete technical analysis of Sharda Motor (SHARDAMOTR) by charts plus indicators, forecast predictions and share price targets for Sharda Motor (SHARDAMOTR)

Sharda Motor trades in NSE in Auto Parts & Equipment sector.

10 day averaged volume of Sharda Motor is 111114

Date	Daily Closing Price	Open	High	Low	Volume
30 Tue Apr 2024	1539.15	1569.65	1578.35	1530.10	0.392 times
29 Mon Apr 2024	1565.65	1525.00	1584.90	1502.10	1.636 times
26 Fri Apr 2024	1482.80	1499.00	1503.00	1477.00	0.556 times
25 Thu Apr 2024	1485.65	1496.75	1504.40	1477.60	0.346 times
24 Wed Apr 2024	1487.90	1503.00	1513.30	1485.10	0.624 times
23 Tue Apr 2024	1495.45	1509.90	1520.05	1480.40	0.557 times
22 Mon Apr 2024	1497.30	1539.00	1539.00	1495.00	0.648 times
19 Fri Apr 2024	1504.15	1550.00	1550.00	1495.00	1.704 times
18 Thu Apr 2024	1590.15	1616.90	1640.00	1583.00	0.736 times
16 Tue Apr 2024	1609.20	1525.00	1641.85	1524.70	2.531 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 1555.1 as stoploss in an intra day sell trade for a target of 1496.39. However, stock will show a bullish move above 1555.1.

Share price targets for Sharda Motor (SHARDAMOTR)

Target Type	Value
Downside Target	1120.00
Downside Target	1165.05
Downside Target	1285.05
Downside Target	1364.25
Downside Target	1421.50
Downside Target	1456.70
Downside Target	1502.10
Downside Target	1539.00
Upside Target	1571.90
Upside Target	1584.90
Upside Target	1599.90
Upside Target	1641.85

Intraday share price targets for Sharda Motor (SHARDAMOTR)

Target Type	Value
Downside Intraday Target	1499.2
Downside Intraday Target	1459.25
Upside Intraday Target	1582
Upside Intraday Target	1624.85
Upside Intraday Target	1542.05

Weekly technical analysis of Sharda Motor (SHARDAMOTR)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Tue Apr 2024	1539.15	1525.00	1584.90	1502.10	0.743 times
26 Fri Apr 2024	1482.80	1539.00	1539.00	1477.00	0.485 times
19 Fri Apr 2024	1504.15	1535.55	1641.85	1495.00	0.831 times
12 Fri Apr 2024	1537.25	1421.50	1599.90	1421.50	5.141 times
05 Fri Apr 2024	1421.50	1380.00	1456.70	1364.25	0.883 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 Sharda Motor (SHARDAMOTR)

Date	Monthly Closing Price	Open	High	Low	Volume
30 Tue Apr 2024	1539.15	1380.00	1641.85	1364.25	2.643 times
28 Thu Mar 2024	1366.20	1379.55	1462.50	1165.05	0.63 times
29 Thu Feb 2024	1372.55	1374.15	1571.90	1308.15	0.99 times
31 Wed Jan 2024	1371.95	1322.45	1494.40	1285.05	0.742 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Sharda Motor (SHARDAMOTR)

Price action analysis of Sharda Motor ( (SHARDAMOTR) ) 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 Sharda Motor ( (SHARDAMOTR) ) based on a short to mid 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 Sharda Motor ( (SHARDAMOTR) ) 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 Sharda Motor stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Sharda Motor 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.

Sharda Motor 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 green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Sharda Motor in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Sharda Motor is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1545.86 and Sharda Motor (SHARDAMOTR) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Sharda Motor (SHARDAMOTR) stock. Volume based technical analysis of Sharda Motor (SHARDAMOTR) stock is negative.

Sharda Motor Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.