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(HONDAPOWER) Honda Siel complete technical analysis [charts+indicators] | Buy/Sell Honda Siel | (HONDAPOWER) share price targets

Complete technical analysis of Honda Siel (HONDAPOWER) by charts plus indicators, forecast predictions and share price targets for Honda Siel (HONDAPOWER)

Honda Siel trades in NSE in Industrial Machinery sector.

Showing technical analysis as on 2024-04-09 View latest technical analysis

10 day averaged volume of Honda Siel is 11187

Date	Daily Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	2476.25	2514.40	2525.60	2461.05	0.98 times
08 Mon Apr 2024	2514.40	2508.00	2578.90	2480.00	3.529 times
05 Fri Apr 2024	2457.45	2325.60	2498.50	2300.15	1.317 times
04 Thu Apr 2024	2314.05	2345.00	2345.00	2302.05	0.453 times
03 Wed Apr 2024	2312.95	2293.55	2320.00	2288.10	0.364 times
02 Tue Apr 2024	2293.60	2309.90	2320.00	2275.50	0.744 times
01 Mon Apr 2024	2280.60	2223.00	2291.90	2223.00	0.864 times
28 Thu Mar 2024	2212.85	2183.55	2258.95	2176.55	0.741 times
27 Wed Mar 2024	2183.50	2190.00	2197.70	2166.00	0.874 times
26 Tue Mar 2024	2193.75	2200.45	2217.55	2180.00	0.745 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 2500.5, for a target of 2378.9 or 2277.59

Share price targets for Honda Siel (HONDAPOWER)

Target Type	Value
Downside Target	2156.00
Downside Target	2418.95
Downside Target	2461.05
Upside Target	2494.00
Upside Target	2496.00
Upside Target	2498.50
Upside Target	2555.00
Upside Target	2578.90
Upside Target	2592.00

Intraday share price targets for Honda Siel (HONDAPOWER)

Target Type	Value
Downside Intraday Target	2431.9
Downside Intraday Target	2387.55
Upside Intraday Target	2549.75
Upside Intraday Target	2623.25
Upside Intraday Target	2505.4

Weekly technical analysis of Honda Siel (HONDAPOWER)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	2476.25	2508.00	2578.90	2461.05	1.205 times
05 Fri Apr 2024	2457.45	2223.00	2498.50	2223.00	1.586 times
28 Thu Mar 2024	2212.85	2200.45	2258.95	2166.00	0.941 times
22 Fri Mar 2024	2217.60	2218.65	2245.20	2156.00	0.721 times
15 Fri Mar 2024	2207.60	2405.95	2418.95	2192.50	1.079 times

Price has moved up 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 Honda Siel (HONDAPOWER)

Date	Monthly Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	2476.25	2223.00	2578.90	2223.00	0.642 times
28 Thu Mar 2024	2212.85	2531.00	2555.00	2156.00	0.461 times
29 Thu Feb 2024	2511.90	2459.65	2592.00	2199.00	1.177 times
31 Wed Jan 2024	2449.90	2370.00	2494.00	2314.00	0.996 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 Honda Siel (HONDAPOWER)

Price action analysis of Honda Siel ( (HONDAPOWER) ) based on a short 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 Honda Siel ( (HONDAPOWER) ) 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 Honda Siel ( (HONDAPOWER) ) based on a mid to longer term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

ADX buy sell signal for Honda Siel stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Honda Siel in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Honda Siel Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Honda Siel in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Honda Siel is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2383.01 and Honda Siel (HONDAPOWER) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Honda Siel (HONDAPOWER) stock. Volume based technical analysis of Honda Siel (HONDAPOWER) stock is negative.

Honda Siel Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.