Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(ShardaMotor) Sharda Motor complete technical analysis [charts+indicators] | Buy/Sell Sharda Motor | (ShardaMotor) share price targets

Complete technical analysis of Sharda Motor (ShardaMotor) by charts plus indicators, forecast predictions and share price targets for Sharda Motor (ShardaMotor)

Showing technical analysis as on 2023-03-13 View latest technical analysis

10 day averaged volume of Sharda Motor is 2895

Date	Daily Closing Price	Open	High	Low	Volume
13 Mon Mar 2023	610.80	630.75	648.90	608.10	2.168 times
10 Fri Mar 2023	626.20	600.30	631.80	594.95	0.649 times
09 Thu Mar 2023	604.50	595.00	609.10	595.00	0.278 times
08 Wed Mar 2023	603.85	603.20	608.00	593.00	0.557 times
06 Mon Mar 2023	605.00	614.00	614.00	598.10	0.449 times
03 Fri Mar 2023	601.75	608.95	608.95	593.05	0.312 times
02 Thu Mar 2023	589.40	600.05	605.90	587.20	6.332 times
01 Wed Mar 2023	598.85	610.00	610.05	591.75	0.231 times
28 Tue Feb 2023	604.15	603.35	618.15	598.75	0.625 times
27 Mon Feb 2023	598.20	618.05	619.95	594.00	0.399 times

Stock of Sharda Motor (ShardaMotor) 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 stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 600.9 as stoploss in an intra day buy trade for a target of 627.51. However, stock will show a bearish move below 600.9.

Share price targets for Sharda Motor (ShardaMotor)

Target Type	Value
Downside Target	587.20
Downside Target	608.10
Upside Target	648.50
Upside Target	663.40
Upside Target	684.00
Upside Target	686.10
Upside Target	703.80
Upside Target	734.25
Upside Target	744.05
Upside Target	778.85
Upside Target	830.35
Upside Target	859.35

Intraday share price targets for Sharda Motor (ShardaMotor)

Target Type	Value
Downside Intraday Target	596.3
Downside Intraday Target	581.8
Upside Intraday Target	637.1
Upside Intraday Target	663.4
Upside Intraday Target	622.6

Weekly technical analysis of Sharda Motor (ShardaMotor)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Mon Mar 2023	610.80	630.75	648.90	608.10	1.121 times
10 Fri Mar 2023	626.20	614.00	631.80	593.00	0.245 times
03 Fri Mar 2023	601.75	618.05	619.95	587.20	6.722 times
24 Fri Feb 2023	619.85	663.40	663.40	617.50	0.825 times
17 Fri Feb 2023	659.90	660.65	684.00	648.50	0.706 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 Sharda Motor (ShardaMotor)

Date	Monthly Closing Price	Open	High	Low	Volume
13 Mon Mar 2023	610.80	610.00	648.90	587.20	1.519 times
28 Tue Feb 2023	604.15	724.35	734.25	594.00	1.046 times
31 Tue Jan 2023	723.75	737.00	778.85	703.80	0.448 times
30 Fri Dec 2022	737.20	815.35	830.35	686.10	1.363 times

Scroll below to view daily charts

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

Indicators analysis of Sharda Motor (ShardaMotor)

Price action analysis of Sharda Motor ( (ShardaMotor) ) 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 Sharda Motor ( (ShardaMotor) ) 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 Sharda Motor ( (ShardaMotor) ) based on a mid to longer 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.

ADX buy sell signal for Sharda Motor stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Sharda Motor in short term but the buy signal is initial and weak.

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

Sharda Motor 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a buy signal for Sharda Motor in short term and BUY 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 Sharda Motor is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 598.43 and Sharda Motor (ShardaMotor) 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 Sharda Motor (ShardaMotor) stock. Volume based technical analysis of Sharda Motor (ShardaMotor) stock is negative.

Sharda Motor 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.