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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 2024-05-17 View latest technical analysis

10 day averaged volume of Honda Siel is 41516

Date	Daily Closing Price	Open	High	Low	Volume
17 Fri May 2024	2834.10	2808.50	2885.00	2790.00	0.759 times
16 Thu May 2024	2835.80	2839.00	2918.40	2796.15	3.123 times
15 Wed May 2024	2812.90	2461.35	2896.90	2461.35	5.66 times
14 Tue May 2024	2461.30	2383.70	2486.00	2350.05	0.254 times
13 Mon May 2024	2371.80	2399.70	2432.75	2340.55	0.163 times
10 Fri May 2024	2399.70	2380.00	2413.00	2323.95	0.158 times
09 Thu May 2024	2322.10	2349.80	2425.00	2311.70	0.233 times
08 Wed May 2024	2333.20	2390.40	2390.40	2311.50	0.106 times
07 Tue May 2024	2378.60	2390.00	2408.15	2340.00	0.125 times
06 Mon May 2024	2382.05	2389.90	2405.00	2342.00	0.079 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 2816.4, for a target of 2632 or 2478.41

Share price targets for Honda Siel (HONDAPOWER)

Target Type	Value
Downside Target	2156.00
Downside Target	2311.50
Downside Target	2482.60
Downside Target	2489.20
Downside Target	2494.00
Downside Target	2519.00
Downside Target	2555.00
Downside Target	2578.90
Downside Target	2592.00
Upside Target	2918.40

Intraday share price targets for Honda Siel (HONDAPOWER)

Target Type	Value
Downside Intraday Target	2476.97
Downside Intraday Target	2119.83
Upside Intraday Target	3054.82
Upside Intraday Target	3275.53
Downside Intraday Target	2697.68

Weekly technical analysis of Honda Siel (HONDAPOWER)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Fri May 2024	2834.10	2399.70	2918.40	2340.55	14.215 times
10 Fri May 2024	2399.70	2389.90	2425.00	2311.50	1.775 times
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

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

Monthly technical analysis of Honda Siel (HONDAPOWER)

Date	Monthly Closing Price	Open	High	Low	Volume
17 Fri May 2024	2834.10	2437.00	2918.40	2311.50	2.642 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 up this month, and volume has increased substantially. This means that the move can 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 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 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 stronger in this stock.

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 and the buying is gaining 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 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 2776.13 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.