Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(HINDMOTORS) Hindustan Motors complete technical analysis [charts+indicators] | Buy/Sell Hindustan Motors | (HINDMOTORS) share price targets

Complete technical analysis of Hindustan Motors (HINDMOTORS) by charts plus indicators, forecast predictions and share price targets for Hindustan Motors (HINDMOTORS)

Hindustan Motors trades in NSE in Cars & Utility Vehicles sector.

Showing technical analysis as on 2024-03-04 View latest technical analysis

10 day averaged volume of Hindustan Motors is 572633

Date	Daily Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	18.60	19.00	19.35	18.50	0.838 times
02 Sat Mar 2024	19.20	18.60	19.20	18.60	0.254 times
01 Fri Mar 2024	18.30	17.80	18.60	17.80	1.073 times
29 Thu Feb 2024	17.80	17.90	17.95	17.80	1.118 times
28 Wed Feb 2024	18.70	19.80	19.85	18.70	1.273 times
27 Tue Feb 2024	19.65	20.00	20.30	19.50	0.868 times
26 Mon Feb 2024	20.10	20.40	20.70	20.00	0.688 times
23 Fri Feb 2024	20.30	20.15	20.40	20.00	0.745 times
22 Thu Feb 2024	19.90	20.35	20.45	19.60	1.024 times
21 Wed Feb 2024	20.15	20.75	21.30	20.00	1.956 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 18.9, but if it comes above 18.9, then a intra day buy could be more profitable.
If you take a sell trade below 18.9, then use 18.9 as stoploss and 17.6 as target. However if you take a buy trade in stock , then use 18.9 as stoploss and 20 as target.

Share price targets for Hindustan Motors (HINDMOTORS)

Target Type	Value
Downside Target	15.55
Downside Target	15.95
Downside Target	16.65
Downside Target	17.80
Downside Target	18.50
Upside Target	19.25
Upside Target	19.35
Upside Target	19.60
Upside Target	20.70
Upside Target	21.45
Upside Target	22.40
Upside Target	24.00

Intraday share price targets for Hindustan Motors (HINDMOTORS)

Target Type	Value
Downside Intraday Target	18.28
Downside Intraday Target	17.97
Upside Intraday Target	19.13
Upside Intraday Target	19.67
Upside Intraday Target	18.82

Weekly technical analysis of Hindustan Motors (HINDMOTORS)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	18.60	19.00	19.35	18.50	0.159 times
02 Sat Mar 2024	19.20	20.40	20.70	17.80	0.739 times
23 Fri Feb 2024	20.30	20.60	21.45	19.60	0.651 times
16 Fri Feb 2024	20.45	22.40	22.40	18.60	0.337 times
09 Fri Feb 2024	21.60	19.30	24.00	19.25	1.419 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 Hindustan Motors (HINDMOTORS)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	18.60	17.80	19.35	17.80	0.031 times
29 Thu Feb 2024	17.80	19.50	24.00	17.80	1.222 times
31 Wed Jan 2024	18.90	17.25	19.35	16.65	2.674 times
29 Fri Dec 2023	16.90	17.55	17.95	15.95	0.609 times

Scroll below to view daily charts

Price has moved up 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 Hindustan Motors (HINDMOTORS)

Price action analysis of Hindustan Motors ( (HINDMOTORS) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Hindustan Motors ( (HINDMOTORS) ) 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 Hindustan Motors ( (HINDMOTORS) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Hindustan Motors ( (HINDMOTORS) ) 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 Hindustan Motors stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

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

Hindustan Motors 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 SELL signal for Hindustan Motors in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing 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 Hindustan Motors is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 19.27 and Hindustan Motors (HINDMOTORS) 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 Hindustan Motors (HINDMOTORS) stock. Volume based technical analysis of Hindustan Motors (HINDMOTORS) stock is negative.

Hindustan Motors 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.