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(HEROMOTOCO) Hero Motocorp complete technical analysis [charts+indicators] | Buy/Sell Hero Motocorp | (HEROMOTOCO) share price targets

Complete technical analysis of Hero Motocorp (HEROMOTOCO) by charts plus indicators, forecast predictions and share price targets for Hero Motocorp (HEROMOTOCO)

Hero Motocorp trades in NSE in 2 sector.

Showing technical analysis as on 2024-03-15 View latest technical analysis

10 day averaged volume of Hero Motocorp is 508415

Date	Daily Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	4585.30	4655.00	4680.85	4500.65	2.515 times
14 Thu Mar 2024	4675.30	4455.00	4682.15	4455.00	1.394 times
13 Wed Mar 2024	4512.10	4646.00	4686.75	4476.55	1.377 times
12 Tue Mar 2024	4658.90	4666.30	4697.00	4633.00	0.615 times
11 Mon Mar 2024	4671.70	4700.00	4725.00	4600.55	1.267 times
07 Thu Mar 2024	4652.90	4650.00	4704.00	4620.80	1.347 times
06 Wed Mar 2024	4635.30	4580.00	4649.00	4536.10	0.695 times
05 Tue Mar 2024	4590.00	4611.65	4644.75	4571.85	0.87 times
04 Mon Mar 2024	4611.70	4589.95	4630.00	4563.00	1.122 times
02 Sat Mar 2024	4581.45	4570.05	4595.00	4552.35	0.308 times

Stock of Hero Motocorp (HEROMOTOCO) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bullish for shortterm, and stock might move up till 4681.3 or till 4810.5. Use a stoploss of 4573.73 and if this stock hits its stoploss, then it can fall down till 4466.11

Share price targets for Hero Motocorp (HEROMOTOCO)

Target Type	Value
Downside Target	3041.50
Downside Target	3683.00
Downside Target	3884.50
Downside Target	4193.40
Downside Target	4349.05
Downside Target	4440.65
Upside Target	4662.00
Upside Target	4704.00
Upside Target	4725.00
Upside Target	4944.00
Upside Target	4949.05

Intraday share price targets for Hero Motocorp (HEROMOTOCO)

Target Type	Value
Downside Intraday Target	4451.87
Downside Intraday Target	4318.43
Upside Intraday Target	4721.87
Upside Intraday Target	4858.43
Upside Intraday Target	4588.43

Weekly technical analysis of Hero Motocorp (HEROMOTOCO)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	4585.30	4700.00	4725.00	4455.00	1.777 times
07 Thu Mar 2024	4652.90	4589.95	4704.00	4536.10	0.486 times
02 Sat Mar 2024	4581.45	4523.95	4595.00	4349.05	0.836 times
23 Fri Feb 2024	4519.25	4928.95	4944.00	4440.65	1.155 times
16 Fri Feb 2024	4894.30	4949.05	4949.05	4627.55	2.068 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Hero Motocorp (HEROMOTOCO)

Date	Monthly Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	4585.30	4459.90	4725.00	4450.00	0.38 times
29 Thu Feb 2024	4426.50	4621.70	4949.05	4349.05	1.078 times
31 Wed Jan 2024	4621.55	4139.55	4662.00	3929.85	0.974 times
29 Fri Dec 2023	4139.55	3860.00	4193.40	3683.00	0.9 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 Hero Motocorp (HEROMOTOCO)

Price action analysis of Hero Motocorp ( (HEROMOTOCO) ) based on a short 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.

Price action analysis of Hero Motocorp ( (HEROMOTOCO) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Hero Motocorp ( (HEROMOTOCO) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Hero Motocorp stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Hero Motocorp in short term but the sell signal is initial and weak.

Hero Motocorp Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Hero Motocorp in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Hero Motocorp is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 4614.64 and Hero Motocorp (HEROMOTOCO) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Hero Motocorp (HEROMOTOCO) stock. Volume based technical analysis of Hero Motocorp (HEROMOTOCO) stock is negative.

Hero Motocorp 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.