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Sharda Motor Industries Limited

SHARDAMOTR.NS Technical Analysis Summary (NSE)

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

SHARDAMOTR.NSNSE
Consumer CyclicalAuto - Parts
936.20
26.70(2.94%)
Indian Market opens in 1h 40m

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SHARDAMOTR.NS Technical Analysis Summary (NSE)

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

Overall Sentiment:Buy
Momentum:Bullish (RSI: 61.46)
Trend Strength:Moderate (ADX: 29.10)
Volatility:Medium (ATR: 32.00)
Support/Resistance:$802.51 – $962.15 (Bollinger Bands)

Technical conditions suggest Sharda Motor Industries Limited on the NSE is awaiting a decisive move. Overall, Sharda Motor Industries Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 61.46

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 59.92

Neutral
Mid-range signal with no clear trend.

Williams %R: -26.02

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 10.98

Strongly Bullish
Strong upside momentum.

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

Trend & Volatility

MACD: 15.51

Bullish
Bullish, trend momentum is strengthening.

ADX: 29.10

Moderate
Moderate trend, direction gaining strength.

ATR (14): 32.00

Rising
Rising volatility, market activity increasing.

CCI (14): 77.56

Bullish
Bullish, momentum building upward.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$962.15
Middle Band (SMA 20)
$882.33
Lower Band
$802.51
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$955.76
Middle Line (EMA 20)
$891.77
Lower Channel
$827.78
Squeeze Status
No Squeeze

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

Volume & Money Flow Analysis
On-Balance Volume932.20K
Money Flow Index76.12Bullish, inflows support continued momentum.
Relative Vigor Index84.02Bullish, price momentum strongly favors buyers.

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

Technical Trading Signals Summary
Based on the current technical analysis of Sharda Motor Industries Limited (NSE: SHARDAMOTR.NS), 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 Limited are mixed, suggesting a Hold or wait-and-see approach.

(NSE: SHARDAMOTR.NS) Technical Analysis FAQ