#SHARDAMOTOR (DAILY CHART) RATIONALE: AUTO SECTOR IS IN BULL RUN SINCE COUPLE OF WEEK , WE HAVE SEEN QUITE GOOD UPSIDE MOVES IN M&M , TVS MOTORS, BAJAJ AUTO AND HERO MOTOR CORP IN RECENT TRADING SESSIONS SHARDAMOTOR STOCK PRICE , ALSO IN UPTREND IN LINE WITH AUTO SECTOR UPSIDE MOMENTUM . AS PER TECHNICAL CHART STOCK HAS GIVEN POSITIVE BREAK OUT FURTHER WITH UPPER PRICE RANGE STOCK HAS GIVEN NEW BREAK IN POSITIVE CONTINUATION TREND, CONSIDERING RSI POSITIVE AND GOOD VOLUME BUILD UP WE CAN EXPECT PRICE TARGET OF 1500/1600+ IN COMING MONTHS SOON . CLICK FOR DISCLAIMER