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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 2024-03-07 View latest technical analysis

10 day averaged volume of Sundram Fasteners is 80669

Date	Daily Closing Price	Open	High	Low	Volume
07 Thu Mar 2024	1037.95	1038.00	1055.00	1026.10	2.389 times
06 Wed Mar 2024	1037.20	1035.00	1045.75	1015.10	1.293 times
05 Tue Mar 2024	1033.40	1062.00	1068.20	1021.00	2.012 times
04 Mon Mar 2024	1062.65	1096.00	1098.35	1058.05	0.636 times
02 Sat Mar 2024	1093.30	1103.65	1103.65	1090.00	0.024 times
01 Fri Mar 2024	1097.05	1074.00	1100.00	1066.70	0.61 times
29 Thu Feb 2024	1070.50	1072.95	1082.20	1051.40	1.915 times
28 Wed Feb 2024	1072.95	1096.20	1098.95	1060.10	0.663 times
27 Tue Feb 2024	1098.60	1096.75	1120.80	1064.60	0.787 times
26 Mon Feb 2024	1096.40	1098.80	1124.70	1061.00	0.964 times

Stock of Sundram Fasteners (SUNDRMFAST) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 1032.8, for a target of 1060.7 or 1083.86

Share price targets for Sundram Fasteners (SUNDRMFAST)

Target Type	Value
Downside Target	1015.10
Upside Target	1087.55
Upside Target	1139.50
Upside Target	1205.90
Upside Target	1215.00
Upside Target	1216.00
Upside Target	1276.00
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	1002.58
Downside Intraday Target	967.22
Upside Intraday Target	1085.83
Upside Intraday Target	1133.72
Upside Intraday Target	1050.47

Weekly technical analysis of Sundram Fasteners (SUNDRMFAST)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Thu Mar 2024	1037.95	1096.00	1098.35	1015.10	1.275 times
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

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
07 Thu Mar 2024	1037.95	1074.00	1103.65	1015.10	0.209 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 down 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 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 losing momentum.

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

Sundram Fasteners Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 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 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 1058.55 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.