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(HONDAPOWER) Honda Siel complete technical analysis [charts+indicators] | Buy/Sell Honda Siel | (HONDAPOWER) share price targets

Complete technical analysis of Honda Siel (HONDAPOWER) by charts plus indicators, forecast predictions and share price targets for Honda Siel (HONDAPOWER)

Honda Siel trades in NSE in Industrial Machinery sector.

Showing technical analysis as on 2024-01-19 View latest technical analysis

10 day averaged volume of Honda Siel is 15290

Date	Daily Closing Price	Open	High	Low	Volume
19 Fri Jan 2024	2459.20	2450.00	2473.00	2446.65	0.794 times
18 Thu Jan 2024	2453.95	2468.00	2468.00	2422.60	1.287 times
17 Wed Jan 2024	2444.85	2403.00	2460.00	2400.00	1.807 times
16 Tue Jan 2024	2400.65	2360.00	2477.00	2350.00	2.894 times
15 Mon Jan 2024	2361.15	2345.90	2385.95	2345.90	0.659 times
12 Fri Jan 2024	2339.90	2337.75	2345.80	2326.10	0.197 times
11 Thu Jan 2024	2326.10	2340.00	2340.00	2320.00	0.231 times
10 Wed Jan 2024	2319.75	2323.50	2341.15	2315.00	0.445 times
09 Tue Jan 2024	2323.50	2399.50	2400.00	2314.00	1.524 times
08 Mon Jan 2024	2387.60	2419.95	2441.25	2383.00	0.589 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 2468.5, for a target of 2422.1 or 2383.47

Share price targets for Honda Siel (HONDAPOWER)

Target Type	Value
Downside Target	2300.00
Downside Target	2448.30
Upside Target	2477.00
Upside Target	2496.00
Upside Target	2582.55
Upside Target	2600.20
Upside Target	2944.00
Upside Target	3006.60
Upside Target	3136.15

Intraday share price targets for Honda Siel (HONDAPOWER)

Target Type	Value
Downside Intraday Target	2377.73
Downside Intraday Target	2296.27
Upside Intraday Target	2508.83
Upside Intraday Target	2558.47
Downside Intraday Target	2427.37

Weekly technical analysis of Honda Siel (HONDAPOWER)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Fri Jan 2024	2459.20	2345.90	2477.00	2345.90	2.492 times
12 Fri Jan 2024	2339.90	2419.95	2441.25	2314.00	1.228 times
05 Fri Jan 2024	2409.90	2370.00	2427.15	2340.00	2.174 times
29 Fri Dec 2023	2390.55	2383.10	2409.95	2360.00	0.468 times
22 Fri Dec 2023	2371.20	2427.00	2448.30	2313.20	0.498 times

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

Monthly technical analysis of Honda Siel (HONDAPOWER)

Date	Monthly Closing Price	Open	High	Low	Volume
19 Fri Jan 2024	2459.20	2370.00	2477.00	2314.00	0.74 times
29 Fri Dec 2023	2390.55	2433.00	2496.00	2300.00	1.111 times
30 Thu Nov 2023	2406.50	2915.00	3006.60	2400.00	0.682 times
31 Tue Oct 2023	2874.90	2850.00	3136.15	2582.55	1.203 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 Honda Siel (HONDAPOWER)

Price action analysis of Honda Siel ( (HONDAPOWER) ) based on a short 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.

Price action analysis of Honda Siel ( (HONDAPOWER) ) based on a short to mid 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.

Price action analysis of Honda Siel ( (HONDAPOWER) ) 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 Honda Siel stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Honda Siel 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.

Honda Siel 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 Honda Siel in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Honda Siel is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2398.58 and Honda Siel (HONDAPOWER) 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 Honda Siel (HONDAPOWER) stock. Volume based technical analysis of Honda Siel (HONDAPOWER) stock is negative.

Honda Siel Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.