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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 2024-06-05 View latest technical analysis

10 day averaged volume of Sharat Indus is 13151

Date	Daily Closing Price	Open	High	Low	Volume
05 Wed Jun 2024	44.90	45.50	47.25	44.55	0.295 times
04 Tue Jun 2024	44.61	46.00	46.50	43.01	0.474 times
03 Mon Jun 2024	45.98	47.80	47.80	45.81	0.437 times
31 Fri May 2024	45.18	47.50	47.50	44.60	0.94 times
30 Thu May 2024	46.55	45.00	47.48	45.00	0.686 times
29 Wed May 2024	48.98	45.50	49.01	45.50	1.394 times
28 Tue May 2024	49.89	51.55	53.50	49.00	0.312 times
27 Mon May 2024	51.64	54.00	54.05	51.50	0.77 times
24 Fri May 2024	53.98	59.00	59.00	52.45	1.043 times
23 Thu May 2024	54.71	52.90	56.99	51.60	3.202 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 45.7, but if it comes above 45.7, then a intra day buy could be more profitable.
If you take a sell trade below 45.7, then use 45.7 as stoploss and 42.1 as target. However if you take a buy trade in stock , then use 45.7 as stoploss and 48.71 as target.

Share price targets for Sharat Indus (SharatIndus)

Target Type	Value
Downside Target	42.00
Downside Target	44.60
Upside Target	46.50
Upside Target	47.80
Upside Target	49.40
Upside Target	50.50
Upside Target	50.95
Upside Target	52.68
Upside Target	54.05
Upside Target	59.00
Upside Target	64.90

Intraday share price targets for Sharat Indus (SharatIndus)

Target Type	Value
Downside Intraday Target	42.67
Downside Intraday Target	40.45
Upside Intraday Target	47.46
Upside Intraday Target	50.03
Upside Intraday Target	45.24

Weekly technical analysis of Sharat Indus (SharatIndus)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Wed Jun 2024	44.90	47.80	47.80	43.01	0.294 times
31 Fri May 2024	45.18	54.00	54.05	44.60	0.604 times
24 Fri May 2024	53.98	52.69	59.00	50.50	2.055 times
18 Sat May 2024	50.80	46.50	50.95	46.50	2.414 times
10 Fri May 2024	45.91	49.40	49.40	45.00	0.919 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
05 Wed Jun 2024	44.90	47.80	47.80	43.01	0.072 times
31 Fri May 2024	45.18	46.80	59.00	44.60	2.131 times
30 Tue Apr 2024	46.00	43.99	49.88	42.75	0.364 times
28 Thu Mar 2024	42.21	51.45	52.68	42.00	0.727 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 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 red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Sharat Indus in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 50.66 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.