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(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 2024-01-05 View latest technical analysis

10 day averaged volume of Sharat Indus is 17053

Date	Daily Closing Price	Open	High	Low	Volume
05 Fri Jan 2024	61.74	59.50	61.74	59.21	2.754 times
04 Thu Jan 2024	58.80	57.00	59.40	56.50	1.217 times
03 Wed Jan 2024	56.86	54.89	57.38	54.50	1.28 times
02 Tue Jan 2024	54.65	57.14	57.48	54.29	1.164 times
01 Mon Jan 2024	57.14	55.99	57.71	55.00	2.365 times
29 Fri Dec 2023	55.00	53.53	56.50	53.53	1.915 times
28 Thu Dec 2023	54.86	55.68	55.94	54.38	0.663 times
27 Wed Dec 2023	55.00	56.02	56.95	54.40	0.323 times
26 Tue Dec 2023	56.19	56.97	57.30	56.11	0.321 times
22 Fri Dec 2023	56.97	57.49	57.49	56.03	0.12 times

Stock of Sharat Indus (SharatIndus) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 62, for a target of 59.6 or 57.66

Share price targets for Sharat Indus (SharatIndus)

Target Type	Value
Downside Target	42.41
Downside Target	48.07
Downside Target	53.53
Downside Target	56.01
Downside Target	57.30
Downside Target	58.75
Downside Target	61.74
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	56.77
Downside Intraday Target	51.81
Upside Intraday Target	64.22
Upside Intraday Target	66.71
Downside Intraday Target	59.26

Weekly technical analysis of Sharat Indus (SharatIndus)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Fri Jan 2024	61.74	55.99	61.74	54.29	2.725 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 up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Sharat Indus (SharatIndus)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Fri Jan 2024	61.74	55.99	61.74	54.29	0.555 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 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 Sharat Indus (SharatIndus)

Price action analysis of Sharat Indus ( (SharatIndus) ) based on a short 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.

Price action analysis of Sharat Indus ( (SharatIndus) ) based on a short to mid 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Sharat Indus in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Sharat Indus Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Sharat Indus in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Sharat Indus is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 57.54 and Sharat Indus (SharatIndus) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.