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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 2024-02-27 View latest technical analysis

10 day averaged volume of Sundram Fasteners is 92895

Date	Daily Closing Price	Open	High	Low	Volume
27 Tue Feb 2024	1098.60	1096.75	1120.80	1064.60	0.684 times
26 Mon Feb 2024	1096.40	1098.80	1124.70	1061.00	0.837 times
23 Fri Feb 2024	1099.50	1104.55	1114.40	1089.50	0.951 times
22 Thu Feb 2024	1109.05	1115.00	1117.75	1101.00	0.339 times
21 Wed Feb 2024	1111.00	1096.10	1122.00	1093.15	0.46 times
20 Tue Feb 2024	1093.10	1102.00	1107.55	1088.00	0.289 times
19 Mon Feb 2024	1102.95	1103.45	1119.95	1087.55	0.61 times
16 Fri Feb 2024	1100.60	1096.00	1105.00	1075.15	1.318 times
15 Thu Feb 2024	1089.60	1093.10	1105.00	1035.00	1.67 times
14 Wed Feb 2024	1094.45	1085.00	1119.00	1069.60	1.405 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 1083.1 as stoploss in an intra day buy trade for a target of 1141.72. However, stock will show a bearish move below 1083.1.

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	1064.83
Downside Intraday Target	1031.07
Upside Intraday Target	1128.53
Upside Intraday Target	1158.47
Downside Intraday Target	1094.77

Weekly technical analysis of Sundram Fasteners (SUNDRMFAST)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Tue Feb 2024	1098.60	1098.80	1124.70	1061.00	0.574 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
27 Tue Feb 2024	1098.60	1225.25	1286.50	1035.00	1.597 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 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 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 BUY signal for Sundram Fasteners in short term but the buy signal is initial and weak.

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 moving up

CCI has generated a buy signal for Sundram Fasteners in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 Sundram Fasteners is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1097.56 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.