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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 2024-03-22 View latest technical analysis

10 day averaged volume of Honda Siel is 7072

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	2217.60	2195.05	2220.00	2186.00	0.583 times
21 Thu Mar 2024	2183.45	2183.35	2240.00	2170.35	0.791 times
20 Wed Mar 2024	2183.35	2183.60	2215.95	2172.30	0.624 times
19 Tue Mar 2024	2172.70	2215.00	2224.95	2156.00	1.092 times
18 Mon Mar 2024	2205.90	2218.65	2245.20	2201.10	0.876 times
15 Fri Mar 2024	2207.60	2261.85	2261.85	2200.00	0.962 times
14 Thu Mar 2024	2250.55	2216.55	2269.90	2205.55	0.822 times
13 Wed Mar 2024	2216.55	2321.75	2344.95	2192.50	1.349 times
12 Tue Mar 2024	2321.75	2369.40	2395.80	2307.50	1.158 times
11 Mon Mar 2024	2353.00	2405.95	2418.95	2341.35	1.208 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2222.6, but if it comes above 2222.6, then a intra day buy could be more profitable.
If you take a sell trade below 2222.6, then use 2222.6 as stoploss and 2058.5 as target. However if you take a buy trade in stock , then use 2222.6 as stoploss and 2359.4 as target.

Share price targets for Honda Siel (HONDAPOWER)

Target Type	Value
Downside Target	2156.00
Upside Target	2300.00
Upside Target	2380.00
Upside Target	2494.00
Upside Target	2496.00
Upside Target	2523.00
Upside Target	2549.00
Upside Target	2555.00
Upside Target	2592.00
Upside Target	3006.60

Intraday share price targets for Honda Siel (HONDAPOWER)

Target Type	Value
Downside Intraday Target	2167.33
Downside Intraday Target	2117.07
Upside Intraday Target	2256.53
Upside Intraday Target	2295.47
Downside Intraday Target	2206.27

Weekly technical analysis of Honda Siel (HONDAPOWER)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	2217.60	2218.65	2245.20	2156.00	0.721 times
15 Fri Mar 2024	2207.60	2405.95	2418.95	2192.50	1.079 times
07 Thu Mar 2024	2435.40	2513.65	2523.00	2380.00	0.282 times
02 Sat Mar 2024	2513.90	2585.00	2592.00	2401.00	1.104 times
23 Fri Feb 2024	2475.60	2254.95	2549.00	2218.50	3.964 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
22 Fri Mar 2024	2217.60	2531.00	2555.00	2156.00	0.376 times
29 Thu Feb 2024	2511.90	2459.65	2592.00	2199.00	1.177 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

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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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.

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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 but selling is losing 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 2237.95 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.