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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 91261

Date	Daily Closing Price	Open	High	Low	Volume
08 Fri Dec 2023	1261.00	1245.35	1272.25	1232.90	0.482 times
07 Thu Dec 2023	1232.50	1274.30	1291.00	1192.90	1.652 times
06 Wed Dec 2023	1265.60	1306.00	1324.40	1255.00	0.946 times
05 Tue Dec 2023	1308.25	1313.45	1338.00	1287.80	0.628 times
04 Mon Dec 2023	1313.20	1360.00	1367.30	1302.00	0.922 times
01 Fri Dec 2023	1316.45	1345.00	1379.75	1292.80	1.294 times
30 Thu Nov 2023	1318.60	1358.45	1368.95	1312.00	0.77 times
29 Wed Nov 2023	1343.65	1280.75	1378.90	1280.75	2.822 times
28 Tue Nov 2023	1276.75	1264.95	1299.00	1264.95	0.42 times
24 Fri Nov 2023	1257.30	1265.35	1276.45	1242.15	0.391 times

My analysis of stock is bearish for shortterm, and stock might move down till 1205.1 or till 1137.6. Use a stoploss of 1261.3 and if the stock hits stoploss, then it can shoot up till 1317.52

Share price targets for Sharda Motor (SHARDAMOTR)

Target Type	Value
Downside Target	805.00
Downside Target	864.60
Downside Target	945.10
Downside Target	1005.00
Downside Target	1066.20
Downside Target	1101.85
Downside Target	1125.00
Downside Target	1158.75
Downside Target	1192.90
Downside Target	1242.00
Upside Target	1308.95
Upside Target	1367.30
Upside Target	1378.90
Upside Target	1379.75

Intraday share price targets for Sharda Motor (SHARDAMOTR)

Target Type	Value
Downside Intraday Target	1180.17
Downside Intraday Target	1099.33
Upside Intraday Target	1354.57
Upside Intraday Target	1448.13
Upside Intraday Target	1273.73

Weekly technical analysis of Sharda Motor (SHARDAMOTR)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Fri Dec 2023	1261.00	1360.00	1367.30	1192.90	0.873 times
01 Fri Dec 2023	1316.45	1264.95	1379.75	1264.95	2.495 times
24 Fri Nov 2023	1257.30	1280.10	1312.00	1242.00	0.256 times
17 Fri Nov 2023	1293.45	1145.75	1308.95	1125.00	1.114 times
10 Fri Nov 2023	1100.75	973.75	1158.75	960.00	4.383 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 Sharda Motor (SHARDAMOTR)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Fri Dec 2023	1261.00	1345.00	1379.75	1192.90	0.26 times
30 Thu Nov 2023	1318.60	955.65	1378.90	945.10	2.729 times
31 Tue Oct 2023	955.55	980.05	1005.00	864.60	0.54 times
29 Fri Sep 2023	977.40	1055.00	1101.85	972.00	0.733 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 Sharda Motor (SHARDAMOTR)

Price action analysis of Sharda Motor ( (SHARDAMOTR) ) 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 Sharda Motor ( (SHARDAMOTR) ) based on a short to mid 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

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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Sharda Motor in short term but the sell signal is initial and weak.

Sharda Motor 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 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 but BUY signal is weak.

RSI is generating a BUY signal in short term but buying 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 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 1298.73 and Sharda Motor (SHARDAMOTR) 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 Sharda Motor (SHARDAMOTR) stock. Volume based technical analysis of Sharda Motor (SHARDAMOTR) stock is negative.

Sharda Motor Stock has given negative 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.