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(SUNDRMFAST) Sundram Fasteners complete technical analysis [charts+indicators] | Buy/Sell Sundram Fasteners | (SUNDRMFAST) share price targets

Complete technical analysis of Sundram Fasteners (SUNDRMFAST) by charts plus indicators, forecast predictions and share price targets for Sundram Fasteners (SUNDRMFAST)

Sundram Fasteners trades in NSE in Auto Parts & Equipment sector.

Showing technical analysis as on 2024-02-26 View latest technical analysis

10 day averaged volume of Sundram Fasteners is 103845

Date	Daily Closing Price	Open	High	Low	Volume
26 Mon Feb 2024	1096.40	1098.80	1124.70	1061.00	0.749 times
23 Fri Feb 2024	1099.50	1104.55	1114.40	1089.50	0.851 times
22 Thu Feb 2024	1109.05	1115.00	1117.75	1101.00	0.303 times
21 Wed Feb 2024	1111.00	1096.10	1122.00	1093.15	0.411 times
20 Tue Feb 2024	1093.10	1102.00	1107.55	1088.00	0.259 times
19 Mon Feb 2024	1102.95	1103.45	1119.95	1087.55	0.546 times
16 Fri Feb 2024	1100.60	1096.00	1105.00	1075.15	1.179 times
15 Thu Feb 2024	1089.60	1093.10	1105.00	1035.00	1.494 times
14 Wed Feb 2024	1094.45	1085.00	1119.00	1069.60	1.257 times
13 Tue Feb 2024	1090.80	1087.00	1100.00	1049.65	1.897 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1087.7 as stoploss in an intra day buy trade for a target of 1147.77. However, stock will show a bearish move below 1087.7.

Share price targets for Sundram Fasteners (SUNDRMFAST)

Target Type	Value
Downside Target	1035.00
Downside Target	1061.00
Downside Target	1087.55
Upside Target	1122.00
Upside Target	1205.90
Upside Target	1276.00
Upside Target	1280.00
Upside Target	1286.50
Upside Target	1295.00
Upside Target	1309.80
Upside Target	1333.00

Intraday share price targets for Sundram Fasteners (SUNDRMFAST)

Target Type	Value
Downside Intraday Target	1063.37
Downside Intraday Target	1030.33
Upside Intraday Target	1127.07
Upside Intraday Target	1157.73
Downside Intraday Target	1094.03

Weekly technical analysis of Sundram Fasteners (SUNDRMFAST)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Mon Feb 2024	1096.40	1098.80	1124.70	1061.00	0.316 times
23 Fri Feb 2024	1099.50	1103.45	1122.00	1087.55	0.311 times
16 Fri Feb 2024	1100.60	1134.50	1139.50	1035.00	0.749 times
09 Fri Feb 2024	1128.60	1220.00	1286.50	1124.20	1.73 times
02 Fri Feb 2024	1228.10	1270.00	1280.00	1210.25	3.682 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 Sundram Fasteners (SUNDRMFAST)

Date	Monthly Closing Price	Open	High	Low	Volume
26 Mon Feb 2024	1096.40	1225.25	1286.50	1035.00	1.556 times
31 Wed Jan 2024	1219.15	1242.95	1295.00	1215.00	0.558 times
29 Fri Dec 2023	1248.90	1239.40	1276.00	1216.00	1.503 times
30 Thu Nov 2023	1237.00	1261.20	1309.80	1205.90	0.729 times

Scroll below to view daily charts

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

Indicators analysis of Sundram Fasteners (SUNDRMFAST)

Price action analysis of Sundram Fasteners ( (SUNDRMFAST) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Sundram Fasteners ( (SUNDRMFAST) ) based on a short to mid 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 Sundram Fasteners ( (SUNDRMFAST) ) based on a mid to longer 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.

ADX buy sell signal for Sundram Fasteners stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Sundram Fasteners in short term and the sell signal is strong.

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

Sundram Fasteners 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. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Sundram Fasteners in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Sundram Fasteners is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1096.06 and Sundram Fasteners (SUNDRMFAST) 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 Sundram Fasteners (SUNDRMFAST) stock. Volume based technical analysis of Sundram Fasteners (SUNDRMFAST) stock is negative.

Sundram Fasteners Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.

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