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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 2024-03-01 View latest technical analysis

10 day averaged volume of Sundram Fasteners is 71781

Date	Daily Closing Price	Open	High	Low	Volume
01 Fri Mar 2024	1097.05	1074.00	1100.00	1066.70	0.686 times
29 Thu Feb 2024	1070.50	1072.95	1082.20	1051.40	2.153 times
28 Wed Feb 2024	1072.95	1096.20	1098.95	1060.10	0.745 times
27 Tue Feb 2024	1098.60	1096.75	1120.80	1064.60	0.885 times
26 Mon Feb 2024	1096.40	1098.80	1124.70	1061.00	1.084 times
23 Fri Feb 2024	1099.50	1104.55	1114.40	1089.50	1.23 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	0.79 times

My analysis of stock is bearish for shortterm, and stock might move down till 1070 or till 1010.2. Use a stoploss of 1119.89 and if the stock hits stoploss, then it can shoot up till 1169.77

Share price targets for Sundram Fasteners (SUNDRMFAST)

Target Type	Value
Downside Target	1035.00
Upside Target	1122.00
Upside Target	1205.90
Upside Target	1215.00
Upside Target	1216.00
Upside Target	1276.00
Upside Target	1280.00
Upside Target	1286.50
Upside Target	1295.00
Upside Target	1309.80

Intraday share price targets for Sundram Fasteners (SUNDRMFAST)

Target Type	Value
Downside Intraday Target	1057.4
Downside Intraday Target	1017.75
Upside Intraday Target	1130.7
Upside Intraday Target	1164.35
Downside Intraday Target	1091.05

Weekly technical analysis of Sundram Fasteners (SUNDRMFAST)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Fri Mar 2024	1097.05	1098.80	1124.70	1051.40	1.619 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Sundram Fasteners (SUNDRMFAST)

Date	Monthly Closing Price	Open	High	Low	Volume
01 Fri Mar 2024	1097.05	1074.00	1100.00	1066.70	0.018 times
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

Scroll below to view daily charts

Price has moved up 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 losing 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. Bears 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 but selling is losing momentum.

MRSI is in positive zone. This is a BUY 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 1090.96 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 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.