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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 2024-04-03 View latest technical analysis

10 day averaged volume of Hero Motocorp is 691353

Date	Daily Closing Price	Open	High	Low	Volume
03 Wed Apr 2024	4557.20	4584.90	4603.25	4526.50	0.986 times
02 Tue Apr 2024	4560.80	4650.00	4685.45	4522.00	1.942 times
01 Mon Apr 2024	4680.75	4740.00	4779.75	4662.10	0.961 times
28 Thu Mar 2024	4722.30	4604.00	4750.00	4583.20	1.572 times
27 Wed Mar 2024	4572.55	4692.00	4698.00	4560.00	1.003 times
26 Tue Mar 2024	4671.15	4684.00	4724.55	4633.55	0.797 times
22 Fri Mar 2024	4684.00	4538.80	4736.35	4517.60	1.305 times
21 Thu Mar 2024	4519.90	4527.80	4545.00	4445.20	0.916 times
20 Wed Mar 2024	4510.45	4542.00	4588.95	4480.00	0.606 times
19 Tue Mar 2024	4541.75	4554.00	4597.60	4509.60	0.562 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 4544.1 as stoploss in an intra day buy trade for a target of 4608.41. However, stock will show a bearish move below 4544.1.

Share price targets for Hero Motocorp (HEROMOTOCO)

Target Type	Value
Downside Target	3683.00
Downside Target	3929.85
Downside Target	4193.40
Downside Target	4349.05
Downside Target	4445.20
Upside Target	4662.00
Upside Target	4725.00
Upside Target	4736.35
Upside Target	4750.00
Upside Target	4779.75
Upside Target	4949.05

Intraday share price targets for Hero Motocorp (HEROMOTOCO)

Target Type	Value
Downside Intraday Target	4459.55
Downside Intraday Target	4361.9
Upside Intraday Target	4717.3
Upside Intraday Target	4877.4
Upside Intraday Target	4619.65

Weekly technical analysis of Hero Motocorp (HEROMOTOCO)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Wed Apr 2024	4557.20	4740.00	4779.75	4522.00	1.153 times
28 Thu Mar 2024	4722.30	4684.00	4750.00	4560.00	0.905 times
22 Fri Mar 2024	4684.00	4560.50	4736.35	4445.20	0.707 times
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

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
03 Wed Apr 2024	4557.20	4740.00	4779.75	4522.00	0.239 times
28 Thu Mar 2024	4722.30	4459.90	4750.00	4445.20	0.673 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

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)

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 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 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 Weak and stock is losing 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 BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 4612.19 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 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.