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 2023-03-23 View latest technical analysis

10 day averaged volume of Sharda Motor is 1922

Date	Daily Closing Price	Open	High	Low	Volume
23 Thu Mar 2023	593.20	589.55	598.10	584.30	0.232 times
22 Wed Mar 2023	588.45	587.40	593.30	583.60	0.598 times
21 Tue Mar 2023	584.55	573.15	592.00	573.15	0.666 times
20 Mon Mar 2023	576.05	591.50	611.00	569.50	1.101 times
17 Fri Mar 2023	604.80	613.10	613.10	601.65	1.035 times
16 Thu Mar 2023	601.15	610.25	613.95	590.55	0.735 times
15 Wed Mar 2023	604.15	615.75	621.90	600.00	0.8 times
14 Tue Mar 2023	605.85	616.00	622.10	603.00	0.401 times
13 Mon Mar 2023	610.80	630.75	648.90	608.10	3.265 times
10 Fri Mar 2023	626.20	600.30	631.80	594.95	0.978 times

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 589.8 as stoploss in an intra day buy trade for a target of 602.52. However, stock will show a bearish move below 589.8.

Share price targets for Sharda Motor (ShardaMotor)

Target Type	Value
Downside Target	569.50
Downside Target	587.20
Upside Target	611.00
Upside Target	648.90
Upside Target	663.40
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	571.47
Downside Intraday Target	549.73
Upside Intraday Target	612.97
Upside Intraday Target	632.73
Downside Intraday Target	591.23

Weekly technical analysis of Sharda Motor (ShardaMotor)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Thu Mar 2023	593.20	591.50	611.00	569.50	0.416 times
17 Fri Mar 2023	604.80	630.75	648.90	590.55	2.141 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

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
23 Thu Mar 2023	593.20	610.00	648.90	569.50	2.03 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 down 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Sharda Motor ( (ShardaMotor) ) 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 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 SELL. Signal strength is Strong 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 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 Sharda Motor 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 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 602.77 and Sharda Motor (ShardaMotor) 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 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.