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(SharmaE) Sharma E complete technical analysis [charts+indicators] | Buy/Sell Sharma E | (SharmaE) share price targets

Complete technical analysis of Sharma E (SharmaE) by charts plus indicators, forecast predictions and share price targets for Sharma E (SharmaE)

Showing technical analysis as on 2024-11-12 View latest technical analysis

10 day averaged volume of Sharma E is 655

Date	Daily Closing Price	Open	High	Low	Volume
12 Tue Nov 2024	59.81	59.81	59.81	59.81	0.246 times
11 Mon Nov 2024	61.03	61.03	61.03	61.03	0.889 times
08 Fri Nov 2024	62.27	62.27	62.27	62.27	2.821 times
07 Thu Nov 2024	61.05	61.05	61.05	61.05	0.824 times
06 Wed Nov 2024	59.86	59.86	59.86	59.85	0.005 times
05 Tue Nov 2024	58.69	58.69	58.69	58.69	0.995 times
04 Mon Nov 2024	57.54	57.54	57.54	57.54	1.18 times
31 Thu Oct 2024	56.42	56.42	56.42	56.42	0.061 times
30 Wed Oct 2024	55.32	55.32	55.32	55.32	1.307 times
29 Tue Oct 2024	54.24	54.24	54.24	54.24	1.614 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 59.4, but if it comes below 59.4, then a intra day sell could be more profitable.
If you take a sell trade below 59.4, then use 59.4 as stoploss and 52.98 as target. However if you take a buy trade in stock , then use 59.4 as stoploss and 67.1 as target.

Share price targets for Sharma E (SharmaE)

Target Type	Value
Downside Target	22.50
Downside Target	39.75
Downside Target	43.88
Downside Target	50.65
Downside Target	53.18
Downside Target	56.42
Downside Target	59.81
Upside Target	61.03
Upside Target	62.27
Upside Target	70.28
Upside Target	73.79
Upside Target	81.13
Upside Target	85.40
Upside Target	109.52
Upside Target	120.80

Intraday share price targets for Sharma E (SharmaE)

Target Type	Value
Downside Intraday Target	59.4
Downside Intraday Target	59
Upside Intraday Target	60.62
Upside Intraday Target	61.44
Upside Intraday Target	60.22

Weekly technical analysis of Sharma E (SharmaE)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Tue Nov 2024	59.81	61.03	61.03	59.81	0.195 times
08 Fri Nov 2024	62.27	57.54	62.27	57.54	1.772 times
31 Thu Oct 2024	56.42	53.18	56.42	53.18	0.09 times
25 Fri Oct 2024	50.65	41.69	50.65	39.75	7.987 times
18 Fri Oct 2024	43.88	53.85	53.85	43.88	3.19 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 Sharma E (SharmaE)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Tue Nov 2024	59.81	57.54	62.27	57.54	0.151 times
31 Thu Oct 2024	56.42	81.13	81.13	39.75	4.401 times
30 Mon Sep 2024	85.40	111.70	120.80	85.40	0.419 times
30 Fri Aug 2024	109.52	73.79	109.52	73.79	4.584 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 Sharma E (SharmaE)

Price action analysis of Sharma E ( (SharmaE) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Sharma E ( (SharmaE) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Sharma E ( (SharmaE) ) 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 Sharma E stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Sharma E 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.

Sharma E 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 red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Sharma E in short term but SELL signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Sharma E is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 58.82 and Sharma E (SharmaE) 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 Sharma E (SharmaE) stock. Volume based technical analysis of Sharma E (SharmaE) stock is negative.

Sharma E Stock is giving positive 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.