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

(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 2024-02-29 View latest technical analysis

10 day averaged volume of Sundram Fasteners is 71842

Date	Daily Closing Price	Open	High	Low	Volume
29 Thu Feb 2024	1070.50	1072.95	1082.20	1051.40	2.151 times
28 Wed Feb 2024	1072.95	1096.20	1098.95	1060.10	0.744 times
27 Tue Feb 2024	1098.60	1096.75	1120.80	1064.60	0.884 times
26 Mon Feb 2024	1096.40	1098.80	1124.70	1061.00	1.083 times
23 Fri Feb 2024	1099.50	1104.55	1114.40	1089.50	1.229 times
22 Thu Feb 2024	1109.05	1115.00	1117.75	1101.00	0.439 times
21 Wed Feb 2024	1111.00	1096.10	1122.00	1093.15	0.595 times
20 Tue Feb 2024	1093.10	1102.00	1107.55	1088.00	0.374 times
19 Mon Feb 2024	1102.95	1103.45	1119.95	1087.55	0.789 times
16 Fri Feb 2024	1100.60	1096.00	1105.00	1075.15	1.704 times

Stock of Sundram Fasteners (SUNDRMFAST) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1071.6, but if it comes above 1071.6, then a intra day buy could be more profitable.
If you take a sell trade below 1071.6, then use 1071.6 as stoploss and 1005.9 as target. However if you take a buy trade in stock , then use 1071.6 as stoploss and 1126.44 as target.

Share price targets for Sundram Fasteners (SUNDRMFAST)

Target Type	Value
Downside Target	1035.00
Upside Target	1087.55
Upside Target	1122.00
Upside Target	1205.90
Upside Target	1223.30
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	1039.7
Downside Intraday Target	1008.9
Upside Intraday Target	1113
Upside Intraday Target	1155.5
Upside Intraday Target	1082.2

Weekly technical analysis of Sundram Fasteners (SUNDRMFAST)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Thu Feb 2024	1070.50	1098.80	1124.70	1051.40	1.419 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
29 Thu Feb 2024	1070.50	1225.25	1286.50	1035.00	1.731 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 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 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.

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. Bears 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 1092.19 and Sundram Fasteners (SUNDRMFAST) 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 Sundram Fasteners (SUNDRMFAST) stock. Volume based technical analysis of Sundram Fasteners (SUNDRMFAST) stock is negative.

Sundram Fasteners Stock has given negative 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.