Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-02-26 View latest technical analysis

10 day averaged volume of Honda Siel is 14517

Date	Daily Closing Price	Open	High	Low	Volume
26 Mon Feb 2024	2529.35	2585.00	2592.00	2473.20	2.696 times
23 Fri Feb 2024	2475.60	2450.00	2549.00	2444.20	4.166 times
22 Thu Feb 2024	2429.00	2265.00	2470.00	2265.00	2.351 times
21 Wed Feb 2024	2300.65	2239.90	2323.00	2235.50	0.832 times
20 Tue Feb 2024	2231.00	2234.55	2244.00	2218.50	0.378 times
19 Mon Feb 2024	2234.55	2254.95	2254.95	2223.10	0.259 times
16 Fri Feb 2024	2236.10	2246.65	2273.95	2225.00	0.343 times
15 Thu Feb 2024	2235.45	2229.85	2250.00	2209.75	0.306 times
14 Wed Feb 2024	2209.75	2232.95	2233.00	2202.05	0.387 times
13 Tue Feb 2024	2229.20	2316.10	2316.10	2199.00	0.727 times

Stock of Honda Siel (HONDAPOWER) has showed a significant upmove. This could be a good time to enter in this stock!

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 2554.3, for a target of 2440.6 or 2345.84

Share price targets for Honda Siel (HONDAPOWER)

Target Type	Value
Downside Target	2199.00
Downside Target	2494.00
Downside Target	2496.00
Upside Target	2549.00
Upside Target	2582.55
Upside Target	2592.00
Upside Target	3006.60
Upside Target	3136.15

Intraday share price targets for Honda Siel (HONDAPOWER)

Target Type	Value
Downside Intraday Target	2471.03
Downside Intraday Target	2412.72
Upside Intraday Target	2589.83
Upside Intraday Target	2650.32
Upside Intraday Target	2531.52

Weekly technical analysis of Honda Siel (HONDAPOWER)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Mon Feb 2024	2529.35	2585.00	2592.00	2473.20	0.338 times
23 Fri Feb 2024	2475.60	2254.95	2549.00	2218.50	3.964 times
16 Fri Feb 2024	2236.10	2330.00	2359.95	2199.00	0.707 times
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

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 Honda Siel (HONDAPOWER)

Date	Monthly Closing Price	Open	High	Low	Volume
26 Mon Feb 2024	2529.35	2459.65	2592.00	2199.00	0.896 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 green color and prices are above the green 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 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 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 2419.12 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.