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Sharda Motor Industries Ltd.

SHARDAMOTR.BO Technical Analysis Summary (BSE)

Analyze SHARDAMOTR.BO on the BSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

SHARDAMOTR.BOBSE
Consumer CyclicalAuto - Parts
936.75
27.60(3.04%)
Indian Market opens in 1h 41m

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SHARDAMOTR.BO Technical Analysis Summary (BSE)

Sharda Motor Industries Ltd. (BSE: SHARDAMOTR.BO) stock currently shows a bullish trend on the BSE, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish (RSI: 62.15)
Trend Strength:Moderate (ADX: 28.72)
Volatility:Medium (ATR: 31.34)
Support/Resistance:$801.81 – $961.57 (Bollinger Bands)

Technical conditions suggest Sharda Motor Industries Ltd. on the BSE is awaiting a decisive move. Technical conditions suggest Sharda Motor Industries Ltd. is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 62.15

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 59.98

Neutral
Mid-range signal with no clear trend.

Williams %R: -25.15

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 10.48

Strongly Bullish
Strong upside momentum.

Takeaway:Sharda Motor Industries Ltd. shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: 15.41

Bullish
Bullish, trend momentum is strengthening.

ADX: 28.72

Moderate
Moderate trend, direction gaining strength.

ATR (14): 31.34

Rising
Rising volatility, market activity increasing.

CCI (14): 82.96

Bullish
Bullish, momentum building upward.

Takeaway:Sharda Motor Industries Ltd. shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$961.57
Middle Band (SMA 20)
$881.69
Lower Band
$801.81
Current Position
Within Bands

Takeaway:Sharda Motor Industries Ltd. trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$954.39
Middle Line (EMA 20)
$891.71
Lower Channel
$829.03
Squeeze Status
No Squeeze

Takeaway:Sharda Motor Industries Ltd. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume74.13K
Money Flow Index71.47Bullish, inflows support continued momentum.
Relative Vigor Index75.72Bullish, price momentum strongly favors buyers.

Overall Takeaway:SHARDAMOTR.BO shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Sharda Motor Industries Ltd. (BSE: SHARDAMOTR.BO), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Technical indicators for Sharda Motor Industries Ltd. are mixed, suggesting a Hold or wait-and-see approach.

(BSE: SHARDAMOTR.BO) Technical Analysis FAQ