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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 2024-02-02 View latest technical analysis

10 day averaged volume of Sharda Motor is 3186

Date Daily Closing Price Open High Low Volume
02 Fri Feb 2024 1333.65 1389.80 1411.00 1311.80 2.413 times
01 Thu Feb 2024 1378.85 1369.80 1384.95 1362.00 0.371 times
31 Wed Jan 2024 1370.50 1366.70 1376.85 1340.15 0.939 times
30 Tue Jan 2024 1361.90 1355.30 1372.75 1343.95 0.966 times
29 Mon Jan 2024 1358.10 1348.95 1368.85 1329.95 0.985 times
25 Thu Jan 2024 1335.95 1353.05 1353.05 1301.40 0.63 times
24 Wed Jan 2024 1307.95 1325.40 1335.70 1293.15 1.341 times
23 Tue Jan 2024 1319.75 1385.00 1385.00 1301.00 1.149 times
22 Mon Jan 2024 1377.60 1402.15 1411.70 1371.80 0.491 times
19 Fri Jan 2024 1396.05 1373.75 1409.90 1372.20 1.146 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 trade for tomorrow is selective. Take a sell trade only if stock stays below 1342.4, but if it comes above 1342.4, then a intra day buy could be more profitable.
If you take a sell trade below 1342.4, then use 1342.4 as stoploss and 1300.9 as target. However if you take a buy trade in stock , then use 1342.4 as stoploss and 1376.99 as target.

Share price targets for Sharda Motor (ShardaMotor)

Target Type Value
Downside Target 864.75
Downside Target 945.65
Downside Target 1082.95
Downside Target 1136.00
Downside Target 1286.00
Upside Target 1379.00
Upside Target 1411.00
Upside Target 1411.70
Upside Target 1423.80
Upside Target 1469.20
Upside Target 1493.60

Intraday share price targets for Sharda Motor (ShardaMotor)

Target Type Value
Downside Intraday Target 1293.3
Downside Intraday Target 1252.95
Upside Intraday Target 1392.5
Upside Intraday Target 1451.35
Upside Intraday Target 1352.15

Weekly technical analysis of Sharda Motor (ShardaMotor)

Date Weekly Closing Price Open High Low Volume
02 Fri Feb 2024 1333.65 1348.95 1411.00 1311.80 1.571 times
25 Thu Jan 2024 1335.95 1402.15 1411.70 1293.15 0.445 times
19 Fri Jan 2024 1396.05 1427.45 1469.20 1320.00 0.595 times
12 Fri Jan 2024 1420.15 1410.00 1493.60 1381.95 0.571 times
05 Fri Jan 2024 1387.85 1329.95 1423.80 1286.00 2.376 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 Sharda Motor (ShardaMotor)

Date Monthly Closing Price Open High Low Volume
02 Fri Feb 2024 1333.65 1369.80 1411.00 1311.80 0.053 times
31 Wed Jan 2024 1370.50 1329.95 1493.60 1286.00 1.005 times
29 Fri Dec 2023 1306.75 1374.90 1379.00 1136.00 0.809 times
30 Thu Nov 2023 1320.40 957.95 1379.00 945.65 2.765 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 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 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 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 SELL. Signal strength is Weak and stock is gaining momentum.

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

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. Bulls are getting tired and bears are picking up momentum.

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

CCI has generated a SELL signal for Sharda Motor in short term and SELL signal is strong!

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

Stock of Sharda Motor is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1347.73 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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 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 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 SELL. Signal strength is Weak and stock is gaining momentum.

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

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. Bulls are getting tired and bears are picking up momentum.

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

CCI has generated a SELL signal for Sharda Motor in short term and SELL signal is strong!

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

Stock of Sharda Motor is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1347.73 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Sharda Motor charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart
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