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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 2024-02-28 View latest technical analysis

10 day averaged volume of Honda Siel is 19053

Date	Daily Closing Price	Open	High	Low	Volume
28 Wed Feb 2024	2515.95	2494.70	2540.90	2401.00	1.491 times
27 Tue Feb 2024	2477.25	2510.00	2523.30	2457.45	1.072 times
26 Mon Feb 2024	2529.35	2585.00	2592.00	2473.20	2.054 times
23 Fri Feb 2024	2475.60	2450.00	2549.00	2444.20	3.174 times
22 Thu Feb 2024	2429.00	2265.00	2470.00	2265.00	1.791 times
21 Wed Feb 2024	2300.65	2239.90	2323.00	2235.50	0.634 times
20 Tue Feb 2024	2231.00	2234.55	2244.00	2218.50	0.288 times
19 Mon Feb 2024	2234.55	2254.95	2254.95	2223.10	0.197 times
16 Fri Feb 2024	2236.10	2246.65	2273.95	2225.00	0.261 times
15 Thu Feb 2024	2235.45	2229.85	2250.00	2209.75	0.234 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2451.2, but if it comes below 2451.2, then a intra day sell could be more profitable.
If you take a sell trade below 2451.2, then use 2451.2 as stoploss and 2350.38 as target. However if you take a buy trade in stock , then use 2451.2 as stoploss and 2572.1 as target.

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	2413.97
Downside Intraday Target	2311.98
Upside Intraday Target	2604.97
Upside Intraday Target	2693.98
Downside Intraday Target	2502.98

Weekly technical analysis of Honda Siel (HONDAPOWER)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Wed Feb 2024	2515.95	2585.00	2592.00	2401.00	0.759 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
28 Wed Feb 2024	2515.95	2459.65	2592.00	2199.00	1.081 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Honda Siel stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Honda Siel in short term and the buy signal is strong.

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 SELL signal for Honda Siel in short term but SELL signal is weak.

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

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 2452.5 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.