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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 2024-03-02 View latest technical analysis

10 day averaged volume of Sundram Fasteners is 64461

Date	Daily Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	1093.30	1103.65	1103.65	1090.00	0.029 times
01 Fri Mar 2024	1097.05	1074.00	1100.00	1066.70	0.764 times
29 Thu Feb 2024	1070.50	1072.95	1082.20	1051.40	2.397 times
28 Wed Feb 2024	1072.95	1096.20	1098.95	1060.10	0.829 times
27 Tue Feb 2024	1098.60	1096.75	1120.80	1064.60	0.985 times
26 Mon Feb 2024	1096.40	1098.80	1124.70	1061.00	1.207 times
23 Fri Feb 2024	1099.50	1104.55	1114.40	1089.50	1.37 times
22 Thu Feb 2024	1109.05	1115.00	1117.75	1101.00	0.489 times
21 Wed Feb 2024	1111.00	1096.10	1122.00	1093.15	0.663 times
20 Tue Feb 2024	1093.10	1102.00	1107.55	1088.00	0.417 times

My analysis of stock is bearish for shortterm, and stock might move down till 1067.7 or till 1010.9. Use a stoploss of 1114.95 and if the stock hits stoploss, then it can shoot up till 1162.25

Share price targets for Sundram Fasteners (SUNDRMFAST)

Target Type	Value
Downside Target	1035.00
Upside Target	1205.90
Upside Target	1210.25
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	1054.9
Downside Intraday Target	1016.5
Upside Intraday Target	1128.2
Upside Intraday Target	1163.1
Downside Intraday Target	1089.8

Weekly technical analysis of Sundram Fasteners (SUNDRMFAST)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	1093.30	1098.80	1124.70	1051.40	1.627 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
02 Sat Mar 2024	1093.30	1074.00	1103.65	1066.70	0.019 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 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 short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Sundram Fasteners in short term and BUY 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

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 1089.82 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.