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 2024-03-15 View latest technical analysis

10 day averaged volume of Sundram Fasteners is 109219

Date	Daily Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	1017.85	1040.00	1059.45	1003.05	2.258 times
14 Thu Mar 2024	1033.25	1034.90	1048.00	1016.85	1.849 times
13 Wed Mar 2024	1027.80	1052.00	1054.40	1016.00	1.05 times
12 Tue Mar 2024	1060.70	1058.00	1072.00	1032.60	0.606 times
11 Mon Mar 2024	1062.10	1039.00	1067.30	1005.30	1.351 times
07 Thu Mar 2024	1037.95	1038.00	1055.00	1026.10	1.764 times
06 Wed Mar 2024	1037.20	1035.00	1045.75	1015.10	0.955 times
05 Tue Mar 2024	1033.40	1062.00	1068.20	1021.00	1.486 times
04 Mon Mar 2024	1062.65	1096.00	1098.35	1058.05	0.47 times
02 Sat Mar 2024	1093.30	1103.65	1103.65	1090.00	0.017 times

Stock of Sundram Fasteners (SUNDRMFAST) has showed a significant fall. This could be a good time to exit from 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 1004.9, for a target of 1040.9 or 1070.87

Share price targets for Sundram Fasteners (SUNDRMFAST)

Target Type	Value
Downside Target	1003.05
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	989.93
Downside Intraday Target	962.02
Upside Intraday Target	1058.88
Upside Intraday Target	1099.92
Upside Intraday Target	1030.97

Weekly technical analysis of Sundram Fasteners (SUNDRMFAST)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	1017.85	1039.00	1072.00	1003.05	1.522 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 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
15 Fri Mar 2024	1017.85	1074.00	1103.65	1003.05	0.498 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 term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 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 1036.83 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.