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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 2024-11-13 View latest technical analysis

10 day averaged volume of Hindustan Motors is 147156

Date	Daily Closing Price	Open	High	Low	Volume
13 Wed Nov 2024	23.16	23.16	23.16	23.16	0.3 times
12 Tue Nov 2024	23.64	23.64	23.64	23.64	0.385 times
11 Mon Nov 2024	24.13	24.13	24.13	24.13	0.416 times
08 Fri Nov 2024	24.63	25.00	25.00	24.63	0.332 times
07 Thu Nov 2024	25.14	25.19	25.19	25.14	0.35 times
06 Wed Nov 2024	25.19	25.19	25.19	25.19	0.552 times
05 Tue Nov 2024	25.71	25.71	25.71	25.71	0.494 times
04 Mon Nov 2024	26.24	27.89	27.99	25.87	4.242 times
01 Fri Nov 2024	27.24	26.80	27.24	26.80	1.868 times
31 Thu Oct 2024	25.95	25.95	25.95	25.95	0.564 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 as stoploss in an intra day buy trade for a target of 24.34. However, stock will show a bearish move below 23.

Share price targets for Hindustan Motors (HINDMOTORS_BE)

Target Type	Value
Downside Target	13.15
Downside Target	16.80
Downside Target	21.40
Downside Target	21.86
Downside Target	23.16
Upside Target	24.00
Upside Target	24.63
Upside Target	26.00
Upside Target	27.24
Upside Target	27.99
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	22.84
Downside Intraday Target	22.51
Upside Intraday Target	23.81
Upside Intraday Target	24.45
Upside Intraday Target	23.48

Weekly technical analysis of Hindustan Motors (HINDMOTORS_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Wed Nov 2024	23.16	24.13	24.13	23.16	0.184 times
08 Fri Nov 2024	24.63	27.89	27.99	24.63	1.013 times
01 Fri Nov 2024	27.24	22.50	27.24	21.40	0.77 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

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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
13 Wed Nov 2024	23.16	26.80	27.99	23.16	0.203 times
31 Thu Oct 2024	25.95	27.55	28.40	21.40	0.817 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

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 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_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 gaining 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 getting stronger in this stock.

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 and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 25.94 and Hindustan Motors (HINDMOTORS_BE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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.