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(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 2023-09-08 View latest technical analysis

10 day averaged volume of Sharda Motor is 17942

Date	Daily Closing Price	Open	High	Low	Volume
08 Fri Sep 2023	1040.85	1085.05	1097.50	1028.65	0.803 times
07 Thu Sep 2023	1066.90	1025.00	1082.00	1004.00	1.161 times
06 Wed Sep 2023	1002.75	990.90	1015.80	988.45	0.364 times
05 Tue Sep 2023	1011.10	1005.35	1029.00	981.65	0.219 times
04 Mon Sep 2023	1006.30	1025.05	1040.00	993.15	0.603 times
01 Fri Sep 2023	1017.60	1053.00	1053.00	980.00	1.464 times
31 Thu Aug 2023	1033.85	1030.00	1065.00	992.20	2.904 times
30 Wed Aug 2023	997.00	889.95	1008.00	874.40	1.988 times
29 Tue Aug 2023	878.15	890.00	899.00	876.10	0.285 times
28 Mon Aug 2023	885.80	859.80	897.00	844.50	0.915 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1006.1, but if it comes below 1006.1, then a intra day sell could be more profitable.
If you take a sell trade below 1006.1, then use 1006.1 as stoploss and 919.21 as target. However if you take a buy trade in stock , then use 1006.1 as stoploss and 1110.3 as target.

Share price targets for Sharda Motor (ShardaMotor)

Target Type	Value
Downside Target	686.05
Downside Target	753.60
Downside Target	780.05
Downside Target	804.20
Downside Target	825.60
Downside Target	872.05
Downside Target	914.20
Downside Target	980.00
Downside Target	981.65
Upside Target	1065.00
Upside Target	1097.50

Intraday share price targets for Sharda Motor (ShardaMotor)

Target Type	Value
Downside Intraday Target	982.5
Downside Intraday Target	924.15
Upside Intraday Target	1098.35
Upside Intraday Target	1155.85
Downside Intraday Target	1040

Weekly technical analysis of Sharda Motor (ShardaMotor)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Fri Sep 2023	1040.85	1025.05	1097.50	981.65	0.417 times
01 Fri Sep 2023	1017.60	859.80	1065.00	844.50	12.815 times
25 Fri Aug 2023	814.05	871.05	876.60	804.20	1.673 times
18 Fri Aug 2023	855.60	850.05	884.90	825.60	0.365 times
11 Fri Aug 2023	859.75	894.00	894.00	840.00	0.83 times

Price has moved up 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
08 Fri Sep 2023	1040.85	1053.00	1097.50	980.00	0.535 times
31 Thu Aug 2023	1033.85	863.20	1065.00	804.20	1.633 times
31 Mon Jul 2023	853.70	789.25	878.00	780.05	0.609 times
30 Fri Jun 2023	777.55	849.95	872.05	753.60	1.38 times

Scroll below to view daily charts

Price has moved up 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 Sharda Motor (ShardaMotor)

Price action analysis of Sharda Motor ( (ShardaMotor) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 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 Sharda Motor stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

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

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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green 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 1009.02 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 is giving positive 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.