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 2024-03-15 View latest technical analysis

10 day averaged volume of Hindustan Motors is 736426

Date	Daily Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	16.60	17.25	17.85	16.35	0.98 times
14 Thu Mar 2024	16.70	15.60	17.15	15.40	1.035 times
13 Wed Mar 2024	15.60	16.80	17.65	15.25	2.548 times
12 Tue Mar 2024	16.85	17.30	17.65	16.20	1.682 times
11 Mon Mar 2024	17.40	18.35	18.35	17.25	0.702 times
07 Thu Mar 2024	18.10	17.80	18.45	17.80	0.56 times
06 Wed Mar 2024	17.80	18.40	18.45	17.35	1.076 times
05 Tue Mar 2024	18.25	18.75	18.75	18.05	0.715 times
04 Mon Mar 2024	18.60	19.00	19.35	18.50	0.652 times
02 Sat Mar 2024	19.20	18.60	19.20	18.60	0.197 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 17.1, but if it comes above 17.1, then a intra day buy could be more profitable.
If you take a sell trade below 17.1, then use 17.1 as stoploss and 15.3 as target. However if you take a buy trade in stock , then use 17.1 as stoploss and 18.58 as target.

Share price targets for Hindustan Motors (HINDMOTORS)

Target Type	Value
Downside Target	15.25
Downside Target	15.95
Upside Target	16.65
Upside Target	17.35
Upside Target	17.80
Upside Target	18.35
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	15.12
Downside Intraday Target	13.63
Upside Intraday Target	18.22
Upside Intraday Target	19.83
Upside Intraday Target	16.73

Weekly technical analysis of Hindustan Motors (HINDMOTORS)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	16.60	18.35	18.35	15.25	2.313 times
07 Thu Mar 2024	18.10	19.00	19.35	17.35	0.732 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

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

Monthly technical analysis of Hindustan Motors (HINDMOTORS)

Date	Monthly Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	16.60	17.80	19.35	15.25	0.204 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 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 Hindustan Motors (HINDMOTORS)

Price action analysis of Hindustan Motors ( (HINDMOTORS) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 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 Hindustan Motors stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

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

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 buy signal for Hindustan Motors in short term but BUY 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 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 16.96 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.