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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 2024-12-04 View latest technical analysis

10 day averaged volume of Hero Motocorp is 594368

Date	Daily Closing Price	Open	High	Low	Volume
04 Wed Dec 2024	4635.85	4705.05	4725.00	4615.50	0.987 times
03 Tue Dec 2024	4697.00	4750.00	4784.00	4690.00	1.118 times
02 Mon Dec 2024	4748.45	4733.50	4779.00	4694.60	0.859 times
29 Fri Nov 2024	4761.70	4798.80	4804.45	4732.10	0.778 times
28 Thu Nov 2024	4783.50	4894.00	4909.95	4760.10	1.31 times
27 Wed Nov 2024	4871.25	4842.00	4893.40	4810.60	0.499 times
26 Tue Nov 2024	4838.70	4860.00	4881.25	4801.05	0.647 times
25 Mon Nov 2024	4858.30	4850.00	4908.65	4815.00	1.976 times
22 Fri Nov 2024	4794.10	4778.40	4808.40	4742.00	0.664 times
21 Thu Nov 2024	4767.85	4799.95	4820.00	4741.20	0.963 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 4669.5, but if it comes above 4669.5, then a intra day buy could be more profitable.
If you take a sell trade below 4669.5, then use 4669.5 as stoploss and 4562.7 as target. However if you take a buy trade in stock , then use 4669.5 as stoploss and 4758.46 as target.

Share price targets for Hero Motocorp (HEROMOTOCO)

Target Type	Value
Downside Target	4467.00
Downside Target	4615.50
Upside Target	4714.10
Upside Target	4909.95
Upside Target	4991.00
Upside Target	5127.50
Upside Target	5517.00
Upside Target	5518.00
Upside Target	5794.00
Upside Target	6246.25

Intraday share price targets for Hero Motocorp (HEROMOTOCO)

Target Type	Value
Downside Intraday Target	4572.9
Downside Intraday Target	4509.95
Upside Intraday Target	4741.4
Upside Intraday Target	4846.95
Upside Intraday Target	4678.45

Weekly technical analysis of Hero Motocorp (HEROMOTOCO)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Wed Dec 2024	4635.85	4733.50	4784.00	4615.50	0.569 times
29 Fri Nov 2024	4761.70	4850.00	4909.95	4732.10	0.897 times
22 Fri Nov 2024	4794.10	4834.15	4853.95	4714.10	1.179 times
14 Thu Nov 2024	4604.00	4763.00	4796.20	4467.00	0.801 times
08 Fri Nov 2024	4768.90	5127.50	5127.50	4726.50	1.089 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
04 Wed Dec 2024	4635.85	4733.50	4784.00	4615.50	0.134 times
29 Fri Nov 2024	4761.70	5039.70	5127.50	4467.00	0.878 times
31 Thu Oct 2024	4989.55	5712.40	5794.00	4740.10	0.902 times
30 Mon Sep 2024	5712.40	5535.00	6246.25	5517.00	1.065 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 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 Hero Motocorp ( (HEROMOTOCO) ) 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 Hero Motocorp ( (HEROMOTOCO) ) based on a mid to longer 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.

ADX buy sell signal for Hero Motocorp stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Hero Motocorp in short term but the buy signal is initial and weak.

Hero Motocorp 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 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 but selling is losing 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 4776.34 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.