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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 2024-03-12 View latest technical analysis

10 day averaged volume of Sundram Fasteners is 98084

Date	Daily Closing Price	Open	High	Low	Volume
12 Tue Mar 2024	1060.70	1058.00	1072.00	1032.60	0.675 times
11 Mon Mar 2024	1062.10	1039.00	1067.30	1005.30	1.505 times
07 Thu Mar 2024	1037.95	1038.00	1055.00	1026.10	1.964 times
06 Wed Mar 2024	1037.20	1035.00	1045.75	1015.10	1.064 times
05 Tue Mar 2024	1033.40	1062.00	1068.20	1021.00	1.655 times
04 Mon Mar 2024	1062.65	1096.00	1098.35	1058.05	0.523 times
02 Sat Mar 2024	1093.30	1103.65	1103.65	1090.00	0.019 times
01 Fri Mar 2024	1097.05	1074.00	1100.00	1066.70	0.502 times
29 Thu Feb 2024	1070.50	1072.95	1082.20	1051.40	1.575 times
28 Wed Feb 2024	1072.95	1096.20	1098.95	1060.10	0.545 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 1057.1 as stoploss in an intra day buy trade for a target of 1081.15. However, stock will show a bearish move below 1057.1.

Share price targets for Sundram Fasteners (SUNDRMFAST)

Target Type	Value
Downside Target	1005.30
Upside Target	1124.70
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	1020
Downside Intraday Target	979.3
Upside Intraday Target	1086.7
Upside Intraday Target	1112.7
Downside Intraday Target	1046

Weekly technical analysis of Sundram Fasteners (SUNDRMFAST)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Tue Mar 2024	1060.70	1039.00	1072.00	1005.30	0.419 times
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

Price has moved up 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
12 Tue Mar 2024	1060.70	1074.00	1103.65	1005.30	0.288 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 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 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 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 in or above the red cloud Prices appear to be coming down

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 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 1053.65 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.