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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 2024-12-06 View latest technical analysis

10 day averaged volume of Hero Motocorp is 605094

Date	Daily Closing Price	Open	High	Low	Volume
06 Fri Dec 2024	4629.60	4656.95	4720.00	4615.00	1.213 times
05 Thu Dec 2024	4644.35	4656.00	4678.05	4588.40	1.317 times
04 Wed Dec 2024	4635.85	4705.05	4725.00	4615.50	0.97 times
03 Tue Dec 2024	4697.00	4750.00	4784.00	4690.00	1.099 times
02 Mon Dec 2024	4748.45	4733.50	4779.00	4694.60	0.844 times
29 Fri Nov 2024	4761.70	4798.80	4804.45	4732.10	0.764 times
28 Thu Nov 2024	4783.50	4894.00	4909.95	4760.10	1.287 times
27 Wed Nov 2024	4871.25	4842.00	4893.40	4810.60	0.49 times
26 Tue Nov 2024	4838.70	4860.00	4881.25	4801.05	0.636 times
25 Mon Nov 2024	4858.30	4850.00	4908.65	4815.00	1.941 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 4648, but if it comes above 4648, then a intra day buy could be more profitable.
If you take a sell trade below 4648, then use 4648 as stoploss and 4541.9 as target. However if you take a buy trade in stock , then use 4648 as stoploss and 4736.48 as target.

Share price targets for Hero Motocorp (HEROMOTOCO)

Target Type	Value
Downside Target	4467.00
Downside Target	4588.40
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	4550.67
Downside Intraday Target	4471.73
Upside Intraday Target	4746.27
Upside Intraday Target	4862.93
Upside Intraday Target	4667.33

Weekly technical analysis of Hero Motocorp (HEROMOTOCO)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Fri Dec 2024	4629.60	4733.50	4784.00	4588.40	1.063 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
06 Fri Dec 2024	4629.60	4733.50	4784.00	4588.40	0.25 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 losing 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 weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Hero Motocorp in short term but BUY signal is weak.

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 4742.69 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.