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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 2024-05-03 View latest technical analysis

10 day averaged volume of Honda Siel is 4913

Date	Daily Closing Price	Open	High	Low	Volume
03 Fri May 2024	2378.00	2401.20	2428.80	2369.95	0.85 times
02 Thu May 2024	2401.20	2437.00	2445.70	2388.10	1.272 times
30 Tue Apr 2024	2424.85	2463.20	2463.20	2406.50	0.631 times
29 Mon Apr 2024	2450.90	2477.25	2489.20	2444.00	0.583 times
26 Fri Apr 2024	2474.25	2489.05	2519.00	2457.00	1.662 times
25 Thu Apr 2024	2477.95	2482.00	2501.95	2462.35	0.795 times
24 Wed Apr 2024	2478.50	2470.60	2506.00	2454.05	0.765 times
23 Tue Apr 2024	2470.60	2425.00	2502.00	2425.00	1.391 times
22 Mon Apr 2024	2457.40	2450.00	2484.25	2416.00	0.691 times
19 Fri Apr 2024	2422.95	2400.00	2450.40	2384.05	0.783 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2384.5, but if it comes above 2384.5, then a intra day buy could be more profitable.
If you take a sell trade below 2384.5, then use 2384.5 as stoploss and 2318.7 as target. However if you take a buy trade in stock , then use 2384.5 as stoploss and 2439.38 as target.

Share price targets for Honda Siel (HONDAPOWER)

Target Type	Value
Downside Target	2156.00
Downside Target	2314.00
Downside Target	2369.95
Upside Target	2489.20
Upside Target	2494.00
Upside Target	2498.50
Upside Target	2519.00
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	2335.57
Downside Intraday Target	2293.13
Upside Intraday Target	2454.82
Upside Intraday Target	2531.63
Upside Intraday Target	2412.38

Weekly technical analysis of Honda Siel (HONDAPOWER)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Fri May 2024	2378.00	2477.25	2489.20	2369.95	0.629 times
26 Fri Apr 2024	2474.25	2450.00	2519.00	2416.00	1.014 times
19 Fri Apr 2024	2422.95	2411.00	2482.60	2384.05	0.358 times
12 Fri Apr 2024	2521.65	2508.00	2578.90	2434.10	1.716 times
05 Fri Apr 2024	2457.45	2223.00	2498.50	2223.00	1.586 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 Honda Siel (HONDAPOWER)

Date	Monthly Closing Price	Open	High	Low	Volume
03 Fri May 2024	2378.00	2437.00	2445.70	2369.95	0.061 times
30 Tue Apr 2024	2424.85	2223.00	2578.90	2223.00	1.192 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

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 Honda Siel (HONDAPOWER)

Price action analysis of Honda Siel ( (HONDAPOWER) ) 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 Honda Siel ( (HONDAPOWER) ) based on a short to mid 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 Honda Siel ( (HONDAPOWER) ) 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 Honda Siel stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

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

Honda Siel Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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

CCI has generated a SELL signal for Honda Siel in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2445.57 and Honda Siel (HONDAPOWER) 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 Honda Siel (HONDAPOWER) stock. Volume based technical analysis of Honda Siel (HONDAPOWER) stock is negative.

Honda Siel Stock has given negative 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.