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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 2024-02-09 View latest technical analysis

10 day averaged volume of Honda Siel is 8117

Date	Daily Closing Price	Open	High	Low	Volume
09 Fri Feb 2024	2340.35	2340.00	2400.00	2310.00	0.738 times
08 Thu Feb 2024	2336.65	2354.55	2383.20	2320.95	1.013 times
07 Wed Feb 2024	2342.80	2368.00	2388.25	2332.50	0.46 times
06 Tue Feb 2024	2366.95	2343.90	2383.95	2322.55	0.778 times
05 Mon Feb 2024	2332.70	2431.20	2431.20	2257.40	2.105 times
02 Fri Feb 2024	2407.15	2460.00	2462.95	2400.00	0.861 times
01 Thu Feb 2024	2451.10	2459.65	2475.00	2449.90	0.584 times
31 Wed Jan 2024	2449.90	2460.00	2472.35	2445.00	0.714 times
30 Tue Jan 2024	2452.35	2458.85	2494.00	2444.30	1.796 times
29 Mon Jan 2024	2449.05	2469.90	2470.00	2442.30	0.565 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2359.1, but if it comes above 2359.1, then a intra day buy could be more profitable.
If you take a sell trade below 2359.1, then use 2359.1 as stoploss and 2301.8 as target. However if you take a buy trade in stock , then use 2359.1 as stoploss and 2406.85 as target.

Share price targets for Honda Siel (HONDAPOWER)

Target Type	Value
Downside Target	2257.40
Upside Target	2474.95
Upside Target	2475.00
Upside Target	2477.00
Upside Target	2494.00
Upside Target	2496.00
Upside Target	2582.55
Upside Target	3006.60
Upside Target	3136.15

Intraday share price targets for Honda Siel (HONDAPOWER)

Target Type	Value
Downside Intraday Target	2254.77
Downside Intraday Target	2169.18
Upside Intraday Target	2428.57
Upside Intraday Target	2516.78
Upside Intraday Target	2342.98

Weekly technical analysis of Honda Siel (HONDAPOWER)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Fri Feb 2024	2340.35	2431.20	2431.20	2257.40	1.127 times
02 Fri Feb 2024	2407.15	2469.90	2494.00	2400.00	0.849 times
25 Thu Jan 2024	2449.55	2473.00	2474.95	2374.95	0.38 times
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

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 Honda Siel (HONDAPOWER)

Date	Monthly Closing Price	Open	High	Low	Volume
09 Fri Feb 2024	2340.35	2459.65	2475.00	2257.40	0.2 times
31 Wed Jan 2024	2449.90	2370.00	2494.00	2314.00	0.996 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

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 Honda Siel (HONDAPOWER)

Price action analysis of Honda Siel ( (HONDAPOWER) ) 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 Honda Siel ( (HONDAPOWER) ) 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 Honda Siel ( (HONDAPOWER) ) 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 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 SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Honda Siel in short term and the sell signal is strong.

Honda Siel Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

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 Honda Siel in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 Honda Siel is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2388.72 and Honda Siel (HONDAPOWER) 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 Honda Siel (HONDAPOWER) stock. Volume based technical analysis of Honda Siel (HONDAPOWER) stock is negative.

Honda Siel 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.