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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 2024-04-10 View latest technical analysis

10 day averaged volume of Sharda Motor is 86015

Date	Daily Closing Price	Open	High	Low	Volume
10 Wed Apr 2024	1548.05	1530.00	1589.35	1529.95	1.709 times
09 Tue Apr 2024	1524.55	1531.95	1599.90	1503.00	6.146 times
08 Mon Apr 2024	1438.35	1421.50	1446.00	1421.50	0.223 times
05 Fri Apr 2024	1421.50	1440.00	1448.80	1419.45	0.189 times
04 Thu Apr 2024	1431.30	1452.00	1456.00	1403.15	0.358 times
03 Wed Apr 2024	1430.90	1431.00	1456.70	1422.05	0.389 times
02 Tue Apr 2024	1426.80	1400.00	1435.00	1392.95	0.396 times
01 Mon Apr 2024	1386.70	1380.00	1404.95	1364.25	0.371 times
28 Thu Mar 2024	1366.20	1361.90	1381.00	1350.05	0.2 times
27 Wed Mar 2024	1361.85	1348.90	1375.00	1312.30	0.571 times

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 1580.2, for a target of 1445.6 or 1333.5

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	1446.4
Downside Intraday Target	1344.75
Upside Intraday Target	1624.8
Upside Intraday Target	1701.55
Downside Intraday Target	1523.15

Weekly technical analysis of Sharda Motor (SHARDAMOTR)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Wed Apr 2024	1548.05	1421.50	1599.90	1421.50	4.744 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
10 Wed Apr 2024	1548.05	1380.00	1599.90	1364.25	1.083 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 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 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 losing 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 but buying is losing 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 1497.75 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.