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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 2024-05-10 View latest technical analysis

10 day averaged volume of Honda Siel is 5097

Date	Daily Closing Price	Open	High	Low	Volume
10 Fri May 2024	2399.70	2380.00	2413.00	2323.95	1.289 times
09 Thu May 2024	2322.10	2349.80	2425.00	2311.70	1.895 times
08 Wed May 2024	2333.20	2390.40	2390.40	2311.50	0.862 times
07 Tue May 2024	2378.60	2390.00	2408.15	2340.00	1.015 times
06 Mon May 2024	2382.05	2389.90	2405.00	2342.00	0.645 times
03 Fri May 2024	2378.00	2401.20	2428.80	2369.95	0.819 times
02 Thu May 2024	2401.20	2437.00	2445.70	2388.10	1.226 times
30 Tue Apr 2024	2424.85	2463.20	2463.20	2406.50	0.608 times
29 Mon Apr 2024	2450.90	2477.25	2489.20	2444.00	0.562 times
26 Fri Apr 2024	2474.25	2489.05	2519.00	2457.00	1.602 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 2375.7 as stoploss in an intra day buy trade for a target of 2426.41. However, stock will show a bearish move below 2375.7.

Share price targets for Honda Siel (HONDAPOWER)

Target Type	Value
Downside Target	2156.00
Downside Target	2311.50
Downside Target	2369.95
Upside Target	2482.60
Upside Target	2489.20
Upside Target	2494.00
Upside Target	2519.00
Upside Target	2555.00
Upside Target	2578.90
Upside Target	2592.00

Intraday share price targets for Honda Siel (HONDAPOWER)

Target Type	Value
Downside Intraday Target	2332.47
Downside Intraday Target	2265.23
Upside Intraday Target	2445.97
Upside Intraday Target	2492.23
Downside Intraday Target	2378.73

Weekly technical analysis of Honda Siel (HONDAPOWER)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Fri May 2024	2399.70	2389.90	2425.00	2311.50	1.775 times
03 Fri May 2024	2378.00	2477.25	2489.20	2369.95	0.629 times
26 Fri Apr 2024	2474.25	2450.00	2519.00	2416.00	1.014 times
19 Fri Apr 2024	2422.95	2411.00	2482.60	2384.05	0.358 times
12 Fri Apr 2024	2521.65	2508.00	2578.90	2434.10	1.716 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
10 Fri May 2024	2399.70	2437.00	2445.70	2311.50	0.23 times
30 Tue Apr 2024	2424.85	2223.00	2578.90	2223.00	1.192 times
28 Thu Mar 2024	2212.85	2531.00	2555.00	2156.00	0.461 times
29 Thu Feb 2024	2511.90	2459.65	2592.00	2199.00	1.177 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 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 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 SELL. Signal strength is Weak and stock is gaining 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 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 but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 2391.18 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 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 positive

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