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

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

Showing technical analysis as on 2024-10-29 View latest technical analysis

10 day averaged volume of Hindustan Motors is 212476

Date	Daily Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	23.55	23.00	23.55	22.45	0.925 times
28 Mon Oct 2024	22.43	22.50	22.70	21.40	0.917 times
25 Fri Oct 2024	21.99	23.10	23.48	21.86	1.224 times
24 Thu Oct 2024	23.02	23.59	23.59	22.55	0.923 times
23 Wed Oct 2024	23.59	23.49	23.99	22.05	0.932 times
22 Tue Oct 2024	23.01	24.20	24.47	22.99	1.516 times
21 Mon Oct 2024	24.20	25.00	25.00	24.10	0.702 times
18 Fri Oct 2024	24.72	25.00	25.09	24.00	0.816 times
17 Thu Oct 2024	24.62	25.37	25.37	24.31	0.924 times
16 Wed Oct 2024	25.23	25.00	25.50	24.41	1.122 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 23.3 as stoploss in an intra day buy trade for a target of 24.68. However, stock will show a bearish move below 23.3.

Share price targets for Hindustan Motors (HINDMOTORS_BE)

Target Type	Value
Downside Target	13.15
Downside Target	15.55
Downside Target	16.80
Downside Target	17.90
Downside Target	21.40
Downside Target	21.86
Downside Target	23.32
Upside Target	25.00
Upside Target	25.63
Upside Target	28.40
Upside Target	29.50
Upside Target	30.90
Upside Target	32.89

Intraday share price targets for Hindustan Motors (HINDMOTORS_BE)

Target Type	Value
Downside Intraday Target	22.12
Downside Intraday Target	20.68
Upside Intraday Target	24.27
Upside Intraday Target	24.98
Downside Intraday Target	22.83

Weekly technical analysis of Hindustan Motors (HINDMOTORS_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	23.55	22.50	23.55	21.40	0.348 times
25 Fri Oct 2024	21.99	25.00	25.00	21.86	1.017 times
18 Fri Oct 2024	24.72	26.20	26.50	24.00	0.521 times
11 Fri Oct 2024	25.82	25.83	26.60	23.32	1.175 times
04 Fri Oct 2024	25.85	27.95	28.40	25.63	1.063 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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	23.55	27.55	28.40	21.40	0.791 times
30 Mon Sep 2024	27.55	30.90	30.90	26.00	1.281 times
30 Fri Aug 2024	30.48	30.55	32.89	29.50	1.373 times
27 Mon Feb 2023	13.80	16.80	16.80	13.15	1.011 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_BE)

Price action analysis of Hindustan Motors ( (HINDMOTORS_BE) ) 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_BE) ) 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_BE) ) 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.

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 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 moving up

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 positive zone. This is a BUY zone

Stock of Hindustan Motors is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 23.56 and Hindustan Motors (HINDMOTORS_BE) 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_BE) stock. Volume based technical analysis of Hindustan Motors (HINDMOTORS_BE) 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.