Sharda Motor Industries Technical Analysis

Sharda Motor Industries Ltd Technical Analysis

Sharda Motor Industries Ltd technical analysis is gaining attention among traders and investors tracking Sharda Motor Industries Ltd Technical Analysis trends in the Indian stock market. Sharda Motor Industries Ltd (NSE: SHARDAMOTR, BSE: 535602) is currently trading at ₹861.90, showing a -0.99% move as of Tue, Jul 21, 2026.

This detailed Sharda Motor Industries Ltd technical analysis covers support & resistance levels, moving averages, indicators, and overall market sentiment to help investors make informed decisions.

Sharda Motor Industries Ltd Stock Overview

Sharda Motor Industries Ltd operates in the Producer manufacturing sector under the Auto parts: OEM industry. With a market capitalization of ₹5006.81Cr and a PE ratio of 14.32, Sharda Motor Industries Ltd remains a key stock to watch in Sharda Motor Industries Ltd Technical Analysis searches.

Key Metrics

• Market Cap: ₹5006.81Cr
• PE Ratio: 14.32
• Dividend Yield: 1.87
• Sector: Producer manufacturing
• Industry: Auto parts: OEM

These fundamentals play an important role in Sharda Motor Industries Ltd technical analysis and valuation tracking.

Sharda Motor Industries Ltd Support and Resistance Levels

Classic Pivot Levels

In Sharda Motor Industries Ltd technical analysis, pivot levels help identify potential reversal and breakout zones.

• Resistance 3: 1075.83
• Resistance 2: 957.33
• Resistance 1: 913.17
• Pivot Point: 838.83
• Support 1: 794.67
• Support 2: 720.33
• Support 3: 601.83

Conditional Insight

Sharda Motor Industries Ltd technical analysis suggests a bearish to neutral trend as the price is below the pivot point. Immediate support is seen near 794.67 and 720.33.

Fibonacci Levels Analysis

Fibonacci levels are widely used in Sharda Motor Industries Ltd technical analysis to identify retracement zones.

• Fibonacci R3: 957.33
• Fibonacci R2: 912.07
• Fibonacci R1: 884.10
• Fibonacci Pivot: 838.83
• Fibonacci S1: 793.57
• Fibonacci S2: 765.60
• Fibonacci S3: 720.33

Sharda Motor Industries Ltd technical analysis indicates consolidation between Fibonacci pivot and resistance zones.

Sharda Motor Industries Ltd Moving Average Analysis

Moving averages are key indicators in Sharda Motor Industries Ltd technical analysis for identifying trend direction.

• 10 EMA: 861.20
• 20 EMA: 858.67
• 30 EMA: 855.15
• 50 EMA: 852.23
• 100 EMA: 860.94
• 200 EMA: 888.33

Trend Logic

Sharda Motor Industries Ltd technical analysis indicates bearish pressure, with price trading below key moving averages.

Long-term trend in Sharda Motor Industries Ltd technical analysis remains positive above 200 EMA.

Sharda Motor Industries Ltd Technical Indicators Overview

Momentum Indicators

• RSI: 46.21
• MACD: 4.88
• Signal: 8.00
• ADX: 18.75
• Momentum: -50.45

RSI Logic

Sharda Motor Industries Ltd technical analysis shows RSI in neutral range, suggesting consolidation.

MACD Logic

Sharda Motor Industries Ltd technical analysis indicates bearish momentum with MACD below signal line.

Sharda Motor Industries Ltd Overall Recommendation

• Overall Recommendation Score: -0.60
• Moving Average Recommendation: -0.93
• Other Indicators Recommendation: -0.27

Overall Sharda Motor Industries Ltd technical analysis sentiment remains neutral with mixed signals.

Sharda Motor Industries Ltd Technical Analysis Conclusion

Sharda Motor Industries Ltd technical analysis suggests that traders should closely monitor price action around ₹861.90 and key pivot level 838.83. Breakouts above resistance or breakdown below support will define the next trend in Sharda Motor Industries Ltd technical analysis.

Investors searching for Sharda Motor Industries Ltd Technical Analysis should track moving averages, RSI levels, and volume trends to identify potential entry and exit opportunities. As market conditions change, Sharda Motor Industries Ltd technical analysis will continue to play a crucial role in short-term trading and long-term investment strategies.