Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 151282

Date	Daily Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	1487.90	1503.00	1513.30	1485.10	0.458 times
23 Tue Apr 2024	1495.45	1509.90	1520.05	1480.40	0.409 times
22 Mon Apr 2024	1497.30	1539.00	1539.00	1495.00	0.476 times
19 Fri Apr 2024	1504.15	1550.00	1550.00	1495.00	1.251 times
18 Thu Apr 2024	1590.15	1616.90	1640.00	1583.00	0.541 times
16 Tue Apr 2024	1609.20	1525.00	1641.85	1524.70	1.859 times
15 Mon Apr 2024	1525.00	1535.55	1565.35	1511.00	0.486 times
12 Fri Apr 2024	1537.25	1563.40	1563.40	1513.00	0.384 times
10 Wed Apr 2024	1548.05	1530.00	1589.35	1529.95	0.972 times
09 Tue Apr 2024	1524.55	1531.95	1599.90	1503.00	3.495 times

My analysis of stock is bullish for shortterm, and stock might move up till 1545.3 or till 1648.4. Use a stoploss of 1459.42 and if this stock hits its stoploss, then it can fall down till 1373.5

Share price targets for Sharda Motor (SHARDAMOTR)

Target Type	Value
Downside Target	1120.00
Downside Target	1165.05
Downside Target	1264.55
Downside Target	1364.25
Downside Target	1421.50
Downside Target	1456.70
Upside Target	1494.40
Upside Target	1495.00
Upside Target	1539.00
Upside Target	1571.90
Upside Target	1599.90
Upside Target	1641.85

Intraday share price targets for Sharda Motor (SHARDAMOTR)

Target Type	Value
Downside Intraday Target	1465.87
Downside Intraday Target	1443.83
Upside Intraday Target	1524.47
Upside Intraday Target	1561.03
Upside Intraday Target	1502.43

Weekly technical analysis of Sharda Motor (SHARDAMOTR)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	1487.90	1539.00	1539.00	1480.40	0.325 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
28 Thu Mar 2024	1366.20	1265.00	1390.00	1264.55	0.881 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
24 Wed Apr 2024	1487.90	1380.00	1641.85	1364.25	2.225 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 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 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 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 Weak and stock is gaining 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 in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Sharda Motor in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining 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 1539.42 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 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.