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2020 Hero Motocorp (HEROMOTOCO) technical analysis [forecast] stock price targets

Hero Motocorp technical analysis & forecast stock price targets, Daily, Weekly, Monthly technical analysis

Hero Motocorp deals in 2 Hero Motocorp option chain analysis

Date Close Open High Low Volume
25 Fri Sep 3002.00 2934.55 3015.15 2925.10 12.64 lakhs
24 Thu Sep 2918.30 2911.35 2949.00 2900.00 10.2 lakhs
23 Wed Sep 2956.75 3000.50 3043.00 2924.95 12.57 lakhs
22 Tue Sep 3000.15 3040.00 3052.00 2960.00 10.99 lakhs
21 Mon Sep 3055.35 3122.00 3124.45 3033.05 8.26 lakhs
HEROMOTOCO chart

My analysis of stock is bullish for shortterm, and stock might move up till 3046.7 or till 3127. Use a stoploss of 2979.91 and if this stock hits its stoploss, then it can fall down till 2913.07

  • Daily Price action analysis of HEROMOTOCO 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.

  • Daily Price action analysis of HEROMOTOCO 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.

  • Daily Price action analysis of HEROMOTOCO based on a 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.

Intraday technical analysis of Hero Motocorp

Stock is trading at 3031.45 as on 28 Mon Sep 10:30

Day open is at 3047.00, day high is at 3054.10, day low is at 3024.30, and day volume is at 40.7 lakhs so far.

First 15 minute high low range is 3029.15 - 3054.10

First hour high low range is 3024.30 - 3054.10

Date Intraday Price Open High Low Volume
28 Mon Sep 10:30 3031.45 3047.00 3054.10 3024.30 378289
28 Mon Sep 10:25 3034.90 3047.00 3054.10 3024.30 367712
28 Mon Sep 10:20 3029.35 3047.00 3054.10 3024.30 358111
28 Mon Sep 10:15 3035.00 3047.00 3054.10 3024.30 346862
28 Mon Sep 10:10 3035.45 3047.00 3054.10 3024.30 325704
Intraday HEROMOTOCO chart

Trend of Hero Motocorp is not defined as of yet. Wait for entry and exit levels given below.

Take a trade after 9:30am only.

Hero Motocorp (HEROMOTOCO) intraday stock price targets

  • EntEntry: 3041.63 or 2989.35
  • Upside target: 3054.1
  • Downside target : 3004.2
  • Second Upside target: 3053.6
  • Second Downside target : 2963.55

Hero Motocorp (HEROMOTOCO) weekly technical analysis

Date Weekly Close Open Range Volume
25 Fri Sep 3002.00 3122.00 2900.00
3124.45
54.665 lakhs
18 Fri Sep 3112.65 3014.95 2956.00
3121.85
63.332 lakhs
11 Fri Sep 2992.25 2930.00 2830.20
3007.70
78.9 lakhs
04 Fri Sep 2915.20 3070.00 2867.60
3088.90
89.969 lakhs
28 Fri Aug 3059.30 3037.00 2957.85
3181.35
109.508 lakhs
weekly HEROMOTOCO chart

Weekly forecast of Hero Motocorp is negative. Sellers dominated the stock this week, and might continue to dominate in coming days too.

Weekly Price action analysis of Hero Motocorp 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.

Weekly Price action analysis of Hero Motocorp 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.

Hero Motocorp (HEROMOTOCO) Monthly technical analysis

Date Monthly Close Open Range Volume
25 Fri Sep 3002.00 3030.05 2830.20
3124.45
268.78 lakhs
31 Mon Aug 3006.05 2700.00 2620.75
3181.35
368.144 lakhs
31 Fri Jul 2676.50 2556.00 2530.00
2885.70
317.145 lakhs
30 Tue Jun 2546.95 2360.75 2230.70
2590.65
460.499 lakhs
29 Fri May 2360.85 2051.00 1933.25
2391.90
429.2 lakhs
monthly HEROMOTOCO chart

Monthly forecast of Hero Motocorp is positive. Buyers dominated the stock this month, and this trend might continue for a few days

Monthly Price action analysis of Hero Motocorp 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.

Monthly Price action analysis of Hero Motocorp 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.

Hero Motocorp Daily stock price targets

  • Upside daily target: 3140.63
  • Downside daily target: 2989.35

Hero Motocorp Weekly stock price targets

  • Upside weekly target: 3232.08
  • Upside weekly target: 3078.09
  • Downside weekly target: 2921.73
  • Downside weekly target: 2780.75
  • Downside weekly target: 2544.48

Hero Motocorp Monthly stock price targets

  • Upside monthly target: 3374
  • Upside monthly target: 3063.23
  • Downside monthly target: 2813.4
  • Downside monthly target: 2617.65
  • Downside monthly target: 2489.74
  • Downside monthly target: 2353.03
  • Downside monthly target: 2162.66
  • Downside monthly target: 2026.51
  • Downside monthly target: 1854.93
  • Downside monthly target: 1664.11
  • Downside monthly target: 1218.23

Hero Motocorp (HEROMOTOCO) indicators technical analysis

Price action analysis of Hero Motocorp (HEROMOTOCO) based on a short term time period is

ADX buy sell signal for Hero Motocorp stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Hero Motocorp in short term but the sell signal is initial and weak.

Hero Motocorp Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Hero Motocorp 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 Hero Motocorp is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 3024.4 and Hero Motocorp HEROMOTOCO stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Hero Motocorp HEROMOTOCO stock. Volume based technical analysis of Hero Motocorp HEROMOTOCO stock is negative.

Hero Motocorp 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.

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chart HEROMOTOCO