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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)

10 day averaged volume of Sharat Indus is 3866

Date Daily Closing Price Open High Low Volume
29 Wed Mar 2023 43.50 44.85 46.40 42.65 6.671 times
28 Tue Mar 2023 44.75 44.56 48.00 44.56 0.147 times
27 Mon Mar 2023 46.60 49.37 49.37 46.25 4.042 times
24 Fri Mar 2023 48.30 47.90 49.00 47.40 0.849 times
23 Thu Mar 2023 49.87 48.90 49.87 48.00 0.618 times
22 Wed Mar 2023 47.50 44.10 47.68 44.10 2.415 times
21 Tue Mar 2023 45.41 43.55 45.50 42.56 0.834 times
20 Mon Mar 2023 43.55 45.45 45.45 42.10 0.376 times
17 Fri Mar 2023 44.04 44.25 46.40 44.00 0.186 times
16 Thu Mar 2023 44.25 45.35 45.50 44.05 0.481 times

Stock of Sharat Indus (SharatIndus) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 44.4, but if it comes above 44.4, then a intra day buy could be more profitable.
If you take a sell trade below 44.4, then use 44.4 as stoploss and 42.4 as target. However if you take a buy trade in stock , then use 44.4 as stoploss and 46.1 as target.

Share price targets for Sharat Indus (SharatIndus)

Target Type Value
Downside Target 42.10
Upside Target 44.00
Upside Target 48.40
Upside Target 48.65
Upside Target 49.37
Upside Target 49.87
Upside Target 52.85
Upside Target 53.25
Upside Target 55.40
Upside Target 59.90

Intraday share price targets for Sharat Indus (SharatIndus)

Target Type Value
Downside Intraday Target 40.98
Downside Intraday Target 38.45
Upside Intraday Target 47.7
Upside Intraday Target 51.89
Upside Intraday Target 45.17

Weekly technical analysis of Sharat Indus (SharatIndus)

Date Weekly Closing Price Open High Low Volume
29 Wed Mar 2023 43.50 49.37 49.37 42.65 2.133 times
24 Fri Mar 2023 48.30 45.45 49.87 42.10 3.153 times
17 Fri Mar 2023 44.04 46.00 46.40 44.00 0.881 times
10 Fri Mar 2023 46.62 46.00 48.50 45.25 0.625 times
03 Fri Mar 2023 46.69 45.50 48.40 44.10 1.648 times

Price has moved down 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
29 Wed Mar 2023 43.50 45.60 49.87 42.10 1.769 times
28 Tue Feb 2023 46.85 50.80 53.25 44.50 0.695 times
31 Tue Jan 2023 49.20 47.00 55.40 45.60 1.52 times
30 Fri Dec 2022 45.60 50.90 52.85 44.00 0.785 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Sharat Indus (SharatIndus)

Indicator Name Indicator Value Indicator Signal
ADX 16, 29, 28 Sell
MACD -1, -1Sell
Stochastics 37None
CCI -73Sell
RSI 56Buy
OBV -39243Sell
VWAP 45Sell
ADL 0Sell
ROC -4Sell
Force Index 0Sell

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 term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Sharat Indus ( (SharatIndus) ) based on a short to mid 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 mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

ADX buy sell signal for Sharat Indus stock for short term is SELL. Signal strength is Strong 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 45.45 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.

Click here for Sharat Indus charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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