Mobile app version of munafa.org.in
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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.

10 day averaged volume of Hero Motocorp is 279823

Date Daily Closing Price Open High Low Volume
30 Mon Jan 2023 2702.30 2723.05 2764.95 2681.10 1.641 times
27 Fri Jan 2023 2736.15 2788.00 2810.10 2714.60 1.659 times
25 Wed Jan 2023 2785.00 2779.00 2793.00 2766.00 1.275 times
24 Tue Jan 2023 2771.90 2777.00 2787.00 2762.25 0.463 times
23 Mon Jan 2023 2774.60 2751.45 2812.00 2750.05 1.552 times
20 Fri Jan 2023 2746.45 2767.50 2767.50 2729.35 1.074 times
19 Thu Jan 2023 2769.55 2762.00 2779.75 2751.60 0.502 times
18 Wed Jan 2023 2769.95 2766.90 2786.35 2747.45 0.571 times
17 Tue Jan 2023 2766.85 2765.00 2769.00 2729.70 0.908 times
16 Mon Jan 2023 2758.60 2732.00 2765.00 2710.00 1.294 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2712.2, but if it comes above 2712.2, then a intra day buy could be more profitable.
If you take a sell trade below 2712.2, then use 2712.2 as stoploss and 2677.7 as target. However if you take a buy trade in stock , then use 2712.2 as stoploss and 2740.88 as target.

Share price targets for Hero Motocorp (HEROMOTOCO)

Target Type Value
Downside Target 2502.75
Downside Target 2573.45
Upside Target 2764.95
Upside Target 2772.40
Upside Target 2775.35
Upside Target 2786.35
Upside Target 2812.00
Upside Target 2861.00
Upside Target 2884.00
Upside Target 2903.00

Intraday share price targets for Hero Motocorp (HEROMOTOCO)

Target Type Value
Downside Intraday Target 2667.28
Downside Intraday Target 2632.27
Upside Intraday Target 2751.13
Upside Intraday Target 2799.97
Upside Intraday Target 2716.12

Weekly technical analysis of Hero Motocorp (HEROMOTOCO)

Date Weekly Closing Price Open High Low Volume
30 Mon Jan 2023 2702.30 2723.05 2764.95 2681.10 0.332 times
27 Fri Jan 2023 2736.15 2751.45 2812.00 2714.60 1.138 times
20 Fri Jan 2023 2746.45 2732.00 2786.35 2710.00 1.47 times
13 Fri Jan 2023 2728.45 2757.00 2772.40 2663.00 0.953 times
06 Fri Jan 2023 2742.55 2738.85 2775.35 2697.75 0.836 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 Hero Motocorp (HEROMOTOCO)

Date Monthly Closing Price Open High Low Volume
30 Mon Jan 2023 2702.30 2738.85 2812.00 2663.00 0.666 times
30 Fri Dec 2022 2738.85 2855.00 2884.00 2611.60 0.575 times
30 Wed Nov 2022 2851.90 2690.25 2861.00 2573.45 1.433 times
31 Mon Oct 2022 2676.85 2538.50 2734.90 2502.75 0.544 times

Scroll below to view daily charts

Price has moved down 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)

Indicator Name Indicator Value Indicator Signal
ADX 17, 25, 19 Sell
MACD 9, 13Sell
Stochastics 46None
CCI -187Sell
RSI 46Sell
OBV 321610Sell
VWAP 2753Sell
ADL 0Sell
ROC -1Sell
Force Index 0Sell

Price action analysis of Hero Motocorp ( (HEROMOTOCO) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Hero Motocorp ( (HEROMOTOCO) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Hero Motocorp ( (HEROMOTOCO) ) based on a short to mid term time period is

Price action analysis of Hero Motocorp ( (HEROMOTOCO) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

ADX buy sell signal for Hero Motocorp stock for short term is SELL. Signal strength is Weak 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. Bears are getting stronger in this stock.

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 2753.25 and Hero Motocorp (HEROMOTOCO) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.

Click here for Hero Motocorp charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme