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(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 2024-04-02 View latest technical analysis

10 day averaged volume of Hindustan Motors is 734380

Date	Daily Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	18.30	17.40	18.50	17.20	1.858 times
01 Mon Apr 2024	17.25	16.95	17.45	16.40	1.114 times
28 Thu Mar 2024	16.60	16.50	16.90	16.35	1.408 times
27 Wed Mar 2024	16.20	16.40	16.95	16.10	1.58 times
26 Tue Mar 2024	16.40	17.40	17.40	15.85	1.262 times
22 Fri Mar 2024	17.15	17.15	17.55	16.80	0.623 times
21 Thu Mar 2024	17.00	16.95	17.35	16.70	0.645 times
20 Wed Mar 2024	16.55	16.80	16.95	16.30	0.706 times
19 Tue Mar 2024	16.50	17.25	17.65	16.30	0.889 times
18 Mon Mar 2024	16.90	17.20	17.50	16.50	0.789 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 18.1, but if it comes below 18.1, then a intra day sell could be more profitable.
If you take a sell trade below 18.1, then use 18.1 as stoploss and 17.2 as target. However if you take a buy trade in stock , then use 18.1 as stoploss and 19.2 as target.

Share price targets for Hindustan Motors (HINDMOTORS)

Target Type	Value
Downside Target	15.25
Downside Target	15.85
Downside Target	16.30
Downside Target	17.35
Downside Target	17.95
Upside Target	18.35
Upside Target	18.50
Upside Target	19.35
Upside Target	24.00

Intraday share price targets for Hindustan Motors (HINDMOTORS)

Target Type	Value
Downside Intraday Target	16.97
Downside Intraday Target	15.63
Upside Intraday Target	19.07
Upside Intraday Target	19.83
Downside Intraday Target	17.73

Weekly technical analysis of Hindustan Motors (HINDMOTORS)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	18.30	16.95	18.50	16.40	0.699 times
28 Thu Mar 2024	16.60	17.40	17.40	15.85	1.163 times
22 Fri Mar 2024	17.15	17.20	17.65	16.30	0.524 times
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

Price has moved up 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
02 Tue Apr 2024	18.30	16.95	18.50	16.40	0.157 times
28 Thu Mar 2024	16.60	17.80	19.35	15.25	0.351 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

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 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 to mid 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 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 BUY. Signal strength is Weak and stock is gaining momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Hindustan Motors Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Hindustan Motors in short term and BUY signal is strong.

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 16.94 and Hindustan Motors (HINDMOTORS) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 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.