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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.

Showing technical analysis as on 2024-04-09 View latest technical analysis

10 day averaged volume of Sharda Motor is 38792

Date	Daily Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	1524.55	1531.95	1599.90	1503.00	13.629 times
08 Mon Apr 2024	1438.35	1421.50	1446.00	1421.50	0.494 times
05 Fri Apr 2024	1421.50	1440.00	1448.80	1419.45	0.42 times
04 Thu Apr 2024	1431.30	1452.00	1456.00	1403.15	0.794 times
03 Wed Apr 2024	1430.90	1431.00	1456.70	1422.05	0.862 times
02 Tue Apr 2024	1426.80	1400.00	1435.00	1392.95	0.877 times
01 Mon Apr 2024	1386.70	1380.00	1404.95	1364.25	0.823 times
28 Thu Mar 2024	1366.20	1361.90	1381.00	1350.05	0.443 times
27 Wed Mar 2024	1361.85	1348.90	1375.00	1312.30	1.266 times
26 Tue Mar 2024	1342.20	1265.00	1390.00	1264.55	2.565 times

Stock of Sharda Motor (SHARDAMOTR) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 1542.9, for a target of 1421.7 or 1320.76

Share price targets for Sharda Motor (SHARDAMOTR)

Target Type	Value
Downside Target	1120.00
Downside Target	1165.05
Downside Target	1264.55
Downside Target	1346.00
Downside Target	1390.00
Downside Target	1421.50
Downside Target	1456.70
Downside Target	1462.50
Downside Target	1494.40
Upside Target	1571.90
Upside Target	1599.90

Intraday share price targets for Sharda Motor (SHARDAMOTR)

Target Type	Value
Downside Intraday Target	1430.73
Downside Intraday Target	1336.92
Upside Intraday Target	1609.13
Upside Intraday Target	1693.72
Downside Intraday Target	1515.32

Weekly technical analysis of Sharda Motor (SHARDAMOTR)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	1524.55	1421.50	1599.90	1421.50	3.74 times
05 Fri Apr 2024	1421.50	1380.00	1456.70	1364.25	0.883 times
28 Thu Mar 2024	1366.20	1265.00	1390.00	1264.55	0.881 times
22 Fri Mar 2024	1263.65	1227.50	1286.80	1165.05	0.788 times
15 Fri Mar 2024	1212.15	1346.00	1346.00	1180.00	1.529 times

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

Monthly technical analysis of Sharda Motor (SHARDAMOTR)

Date	Monthly Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	1524.55	1380.00	1599.90	1364.25	0.894 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, but volume has not increased substantially. This means that the move can be temporary and might not 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Sharda Motor ( (SHARDAMOTR) ) 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 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 gaining momentum.

MACD generated a BUY signal for Sharda Motor in short term and the buy signal is strong.

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

Sharda Motor Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Sharda Motor in short term and BUY 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

Although the stock is in the BUY zone, but buying might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1471.16 and Sharda Motor (SHARDAMOTR) 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 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.