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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 2024-02-08 View latest technical analysis

10 day averaged volume of Sharat Indus is 21121

Date Daily Closing Price Open High Low Volume
08 Thu Feb 2024 58.96 64.40 64.40 58.92 0.84 times
07 Wed Feb 2024 61.96 58.40 62.45 58.40 2.221 times
06 Tue Feb 2024 59.49 63.00 63.00 58.01 0.655 times
05 Mon Feb 2024 61.00 64.90 64.90 60.75 0.925 times
02 Fri Feb 2024 63.94 63.95 63.95 63.00 2.367 times
01 Thu Feb 2024 60.91 58.00 60.91 57.60 1.358 times
31 Wed Jan 2024 58.01 56.02 58.40 56.02 0.476 times
30 Tue Jan 2024 57.30 57.55 58.40 57.00 0.361 times
29 Mon Jan 2024 57.85 60.50 60.50 57.50 0.554 times
25 Thu Jan 2024 60.50 61.47 61.47 59.12 0.206 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 59.2, but if it comes above 59.2, then a intra day buy could be more profitable.
If you take a sell trade below 59.2, then use 59.2 as stoploss and 55.7 as target. However if you take a buy trade in stock , then use 59.2 as stoploss and 62.12 as target.

Share price targets for Sharat Indus (SharatIndus)

Target Type Value
Downside Target 42.41
Downside Target 48.07
Downside Target 53.53
Downside Target 56.02
Downside Target 57.60
Upside Target 60.90
Upside Target 63.40
Upside Target 64.90
Upside Target 65.80
Upside Target 70.00
Upside Target 70.45

Intraday share price targets for Sharat Indus (SharatIndus)

Target Type Value
Downside Intraday Target 56.35
Downside Intraday Target 53.73
Upside Intraday Target 63.24
Upside Intraday Target 67.51
Upside Intraday Target 60.62

Weekly technical analysis of Sharat Indus (SharatIndus)

Date Weekly Closing Price Open High Low Volume
08 Thu Feb 2024 58.96 64.90 64.90 58.01 0.907 times
02 Fri Feb 2024 63.94 60.50 63.95 56.02 1.759 times
25 Thu Jan 2024 60.50 61.40 65.80 59.12 0.744 times
19 Fri Jan 2024 64.15 68.65 70.45 60.90 0.343 times
12 Fri Jan 2024 67.29 64.82 70.00 61.20 1.607 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
08 Thu Feb 2024 58.96 58.00 64.90 57.60 0.314 times
31 Wed Jan 2024 58.01 55.99 70.45 54.29 2.09 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

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 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 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 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 neutral. A longer time frame might give a better analysis.

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 but the sell signal is initial and weak.

Sharat Indus 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 getting stronger in this stock.

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 but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 61.17 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 positive

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

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 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 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 neutral. A longer time frame might give a better analysis.

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 but the sell signal is initial and weak.

Sharat Indus 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 getting stronger in this stock.

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 but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 61.17 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 positive

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

Click here for Sharat Indus charts

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Daily charts

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