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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 2024-02-12 View latest technical analysis

10 day averaged volume of Sharat Indus is 22283

Date	Daily Closing Price	Open	High	Low	Volume
12 Mon Feb 2024	57.75	59.89	59.98	57.55	0.467 times
09 Fri Feb 2024	59.91	61.00	61.00	56.02	0.753 times
08 Thu Feb 2024	58.96	64.40	64.40	58.92	0.796 times
07 Wed Feb 2024	61.96	58.40	62.45	58.40	2.105 times
06 Tue Feb 2024	59.49	63.00	63.00	58.01	0.621 times
05 Mon Feb 2024	61.00	64.90	64.90	60.75	0.877 times
02 Fri Feb 2024	63.94	63.95	63.95	63.00	2.243 times
01 Thu Feb 2024	60.91	58.00	60.91	57.60	1.287 times
31 Wed Jan 2024	58.01	56.02	58.40	56.02	0.451 times
30 Tue Jan 2024	57.30	57.55	58.40	57.00	0.342 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 58.8, but if it comes above 58.8, then a intra day buy could be more profitable.
If you take a sell trade below 58.8, then use 58.8 as stoploss and 55.9 as target. However if you take a buy trade in stock , then use 58.8 as stoploss and 61.25 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	57.55
Upside Target	59.12
Upside Target	63.40
Upside Target	63.95
Upside Target	64.90
Upside Target	65.80
Upside Target	70.45

Intraday share price targets for Sharat Indus (SharatIndus)

Target Type	Value
Downside Intraday Target	56.87
Downside Intraday Target	56
Upside Intraday Target	59.3
Upside Intraday Target	60.86
Upside Intraday Target	58.43

Weekly technical analysis of Sharat Indus (SharatIndus)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Mon Feb 2024	57.75	59.89	59.98	57.55	0.091 times
09 Fri Feb 2024	59.91	64.90	64.90	56.02	1.062 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

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
12 Mon Feb 2024	57.75	58.00	64.90	56.02	0.362 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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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

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

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 red color and prices are below the red 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 61.1 and Sharat Indus (SharatIndus) stock is trading below this level. This means that stock is falling with high volumes. 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 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.