Sharda Motors giving a breakout after a tight consolidationSharda Motors giving a breakout after a tight consolidation which could give a return more than 25 percentage for which we can keep stoploss below the Breakout candle or ATR, which ever is suitable for you..Longby Akshaytrader0072
Sharda MotorStrong breakout of resistance area Now price resting on resistance level Other stocks in this sector are also performing well Took 40% position Will add more as it unfolds This is a short term - Medium term betLongby mehulsan770
H & S setup ready for big from here Company Overview: Sharda Motor Industries Limited (SMIL) is a leading automotive component manufacturer based in India. The company specializes in producing exhaust systems, seat frames, and other critical components for the automotive industry. With a strong presence in both domestic and international markets, SMIL has demonstrated consistent growth and resilience. Market Position: SMIL's position as a key supplier to major automakers provides it with a stable revenue stream. The company's wide product portfolio and established customer relationships make it a trusted partner in the automotive industry. This market position is a significant strength, especially as the auto sector continues to evolve and grow. Key Investment Themes: Growing Automotive Industry: The Indian automotive industry is poised for significant growth, driven by factors such as increasing disposable income, urbanization, and a growing middle-class population. SMIL stands to benefit from this growth as a critical component supplier to the industry. Export Opportunities: SMIL has a strong export presence, with a focus on markets in North America, Europe, and Asia. As global demand for Indian automotive components continues to rise, the company is well-positioned to capitalize on export opportunities. Diverse Product Portfolio: The company's diverse product portfolio, including exhaust systems, seat frames, and other components, offers stability and reduces dependency on a single product category. This diversification minimizes risks associated with fluctuations in demand for specific components. Quality and Innovation: SMIL has a reputation for high-quality products and a commitment to innovation. In an industry where quality and compliance are paramount, the company's adherence to international standards and continuous innovation contribute to its competitive advantage. Operational Efficiency: SMIL has invested in modern manufacturing facilities and processes to enhance efficiency and productivity. This focus on operational excellence enables the company to maintain competitive pricing while ensuring quality. Risks and Mitigation: Cyclical Nature of the Auto Industry: The automotive industry is cyclical and can be influenced by economic conditions. SMIL's diversification and export focus help mitigate this risk, as it is less reliant solely on the domestic market. Competitive Landscape: The automotive component manufacturing sector is competitive. SMIL's emphasis on quality, innovation, and customer relationships can help it withstand competitive pressures. Currency Exchange Risk: As an exporter, SMIL is exposed to currency exchange rate fluctuations. Risk management strategies such as hedging can help mitigate this risk. Long-Term Outlook: Sharda Motor Industries Limited exhibits strong potential for long-term growth, backed by its solid market position, diverse product portfolio, export opportunities, and commitment to quality and innovation. While risks exist, the company's strategic focus on operational efficiency and customer-centricity positions it well to navigate challenges in the automotive industry. Investors with a long-term perspective and an appetite for exposure to the automotive sector should consider including SMIL in their portfolio. However, it's crucial to conduct comprehensive due diligence, stay informed about industry trends, and regularly reassess the investment thesis to align with changing market conditions. SLongby RajputAmarjit0
Round Bottom Resistance Breakout - SHARDA MOTORPlease look into the chart for a detailed understanding. Consider these for short-term & swing trades with 2% profit. For BTST trades consider booking target for 1% - 2% For long-term trades look out for resistance drawn above closing. Please consider these ideas for educational purposeLongby Breakout-IdeasUpdated 1
Price break life high after strong base Price break life high after strong consolidations ... if price not break previous swing low then high probability we will see a continuation move .Longby PrasantaP0
SHARDAMOTR - Bullish Consolidation with VolumesNSE: SHARDAMOTR is closing with a bullish consolidation candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 12% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTradeLongby BrahmaBull312
ShardaMotr: (Short)ShardaMotr: (Short) Another leg of corrections are due on the chart. Shortby selvimohan0
SHARDA MOTORS INDUS RETESTED THE PATTERNit has been made an IHnS Pattern not it is retesting, good RR can be taken. Longby Alzubair153
ShardaMotors Upcoming Target 1000After a long correction the stock start moving towards lifetime High. Comming target 1000Shortby sidkpa0
Classic Chart Pattern.Sharda Motors is now completing symmetrical triangle patten wait for breakout then take entry.Longby rmalhotra15090
Sharda MotorsTrade setup: Weekly: Cup and handle breakout done with huge volumes. After that, consolidation done and another breakout with volumes. One can also consider this as Flag and pole pattern. Also, taking support at trend line. Entry = CMP ie, 789 INR Sl = below trend line or swing low ie; 650 INR or 50 EMA Target = 1079 INR (length of pole) RR = 2.07 Since there are not many confluences in this trade, keep trailing your SL (very important). Longby MadhukavaliUpdated 2
Watchout for range breakout The stock looks good above 692 (safer above 700) level for further 8-10 percent move positional. Its a 5 percent upper circuit stock therefore I suggest to go for less quantity. Longby tanya1511814417
Enter after the breakout - SHARDAMOTORAfter the previous cup pattern breakout, it rallied and now is in correction mode. Once it made a breakout in day candle then it will be good for swing. Targets level will be blue lines and dashed lines.Longby TamilBrushUp3