Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(SharatIndus) Sharat Indus complete technical analysis [charts+indicators] | Buy/Sell Sharat Indus | (SharatIndus) share price targets

Complete technical analysis of Sharat Indus (SharatIndus) by charts plus indicators, forecast predictions and share price targets for Sharat Indus (SharatIndus)

Showing technical analysis as on 2024-01-02 View latest technical analysis

10 day averaged volume of Sharat Indus is 17156

Date	Daily Closing Price	Open	High	Low	Volume
02 Tue Jan 2024	54.65	57.14	57.48	54.29	1.157 times
01 Mon Jan 2024	57.14	55.99	57.71	55.00	2.351 times
29 Fri Dec 2023	55.00	53.53	56.50	53.53	1.903 times
28 Thu Dec 2023	54.86	55.68	55.94	54.38	0.659 times
27 Wed Dec 2023	55.00	56.02	56.95	54.40	0.321 times
26 Tue Dec 2023	56.19	56.97	57.30	56.11	0.319 times
22 Fri Dec 2023	56.97	57.49	57.49	56.03	0.119 times
21 Thu Dec 2023	57.00	58.49	58.49	56.01	0.63 times
20 Wed Dec 2023	58.95	59.00	61.75	56.04	1.963 times
19 Tue Dec 2023	58.98	57.30	60.00	57.00	1.196 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 55.6, but if it comes above 55.6, then a intra day buy could be more profitable.
If you take a sell trade below 55.6, then use 55.6 as stoploss and 53.6 as target. However if you take a buy trade in stock , then use 55.6 as stoploss and 57.32 as target.

Share price targets for Sharat Indus (SharatIndus)

Target Type	Value
Downside Target	42.41
Downside Target	48.07
Downside Target	53.53
Upside Target	56.01
Upside Target	57.30
Upside Target	57.71
Upside Target	58.75
Upside Target	61.75
Upside Target	61.97
Upside Target	62.15
Upside Target	63.40

Intraday share price targets for Sharat Indus (SharatIndus)

Target Type	Value
Downside Intraday Target	53.39
Downside Intraday Target	52.13
Upside Intraday Target	56.81
Upside Intraday Target	58.97
Upside Intraday Target	55.55

Weekly technical analysis of Sharat Indus (SharatIndus)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Tue Jan 2024	54.65	55.99	57.71	54.29	1.095 times
29 Fri Dec 2023	55.00	56.97	57.30	53.53	0.72 times
22 Fri Dec 2023	56.97	57.00	61.75	56.01	0.873 times
15 Fri Dec 2023	58.50	58.00	63.40	54.30	1.933 times
08 Fri Dec 2023	56.15	56.99	58.75	54.48	1.247 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 Sharat Indus (SharatIndus)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Tue Jan 2024	54.65	55.99	57.71	54.29	0.223 times
29 Fri Dec 2023	55.00	56.01	63.40	53.53	1.254 times
30 Thu Nov 2023	56.00	49.94	61.97	48.07	0.322 times
31 Tue Oct 2023	50.00	46.88	54.02	42.41	4.034 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 Sharat Indus (SharatIndus)

Price action analysis of Sharat Indus ( (SharatIndus) ) based on a short 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 Sharat Indus ( (SharatIndus) ) 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 Sharat Indus ( (SharatIndus) ) 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 Sharat Indus ( (SharatIndus) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Sharat Indus stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Sharat Indus in short term and the sell signal is strong.

Sharat Indus 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Sharat Indus in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying 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 Sharat Indus is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 56.78 and Sharat Indus (SharatIndus) 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 Sharat Indus (SharatIndus) stock. Volume based technical analysis of Sharat Indus (SharatIndus) stock is negative.

Sharat Indus 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.