BullFO

2021 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
15 Tue Jun 3007.05 2985.00 3025.00 2972.30 4.55 lakhs
14 Mon Jun 2985.65 3010.00 3016.95 2943.00 4.9 lakhs
11 Fri Jun 3004.35 3019.00 3038.00 2995.00 4.67 lakhs
10 Thu Jun 3009.00 3038.95 3043.90 2999.00 5.68 lakhs
09 Wed Jun 3023.50 3055.95 3090.00 3010.60 8.46 lakhs
HEROMOTOCO chart

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 3033.2 as stoploss in an intra day sell trade for a target of 2979.68. However, stock will show a bullish move above 3033.2.

  • 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 3007.05 as on 15 Tue Jun 15:34

Day open is at 2985.00, day high is at 3025.00, day low is at 2972.30, and day volume is at 173.31 lakhs so far.

First 15 minute high low range is 2972.30 - 3005.00

First hour high low range is 2972.30 - 3005.00

Date Intraday Price Open High Low Volume
15 Tue Jun 15:34 3007.05 2985.00 3025.00 2972.30 454443
15 Tue Jun 15:30 3006.85 2985.00 3025.00 2972.30 454443
15 Tue Jun 15:25 3005.70 2985.00 3025.00 2972.30 445009
15 Tue Jun 15:20 3004.35 2985.00 3025.00 2972.30 433216
15 Tue Jun 15:15 3008.25 2985.00 3025.00 2972.30 417342
Intraday HEROMOTOCO chart

Prices of Hero Motocorp are definitely rising in intraday. Look for buy opportunities.

Take a trade after 9:30am only.

Hero Motocorp (HEROMOTOCO) intraday stock price targets

  • EntEntry: 2988.65 or 3007.3375
  • Upside target: 3005
  • Downside target : 2939.6
  • Second Upside target: 3042.38
  • Second Downside target : 2989.68

Hero Motocorp (HEROMOTOCO) weekly technical analysis

Date Weekly Close Open Range Volume
15 Tue Jun 3007.05 3010.00 2943.00
3025.00
9.445 lakhs
11 Fri Jun 3004.35 3065.25 2995.00
3090.00
30.488 lakhs
04 Fri Jun 3048.40 2989.00 2942.10
3055.00
43.017 lakhs
28 Fri May 2991.55 2920.00 2892.00
3033.40
60.81 lakhs
21 Fri May 2884.40 2835.00 2813.00
2943.95
52.284 lakhs
weekly HEROMOTOCO chart

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

Weekly 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.

Weekly Price action analysis of Hero Motocorp 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.

Hero Motocorp (HEROMOTOCO) Monthly technical analysis

Date Monthly Close Open Range Volume
15 Tue Jun 3007.05 3016.50 2942.10
3090.00
76.328 lakhs
31 Mon May 3007.50 2779.95 2766.65
3033.40
206.554 lakhs
30 Fri Apr 2819.15 2949.00 2741.10
3009.00
164.481 lakhs
31 Wed Mar 2913.60 3255.00 2902.00
3510.90
188.869 lakhs
26 Fri Feb 3224.00 3300.00 3199.80
3629.05
264.123 lakhs
monthly HEROMOTOCO chart

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

Monthly Price action analysis of Hero Motocorp 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.

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: 3076.78
  • Downside daily target: 2927.35

Hero Motocorp Weekly stock price targets

  • Upside weekly target: 3108.15
  • Downside weekly target: 2952.18
  • Downside weekly target: 2803.58

Hero Motocorp Monthly stock price targets

  • Upside monthly target: 3632.68
  • Upside monthly target: 3426.53
  • Upside monthly target: 3212.25
  • Upside monthly target: 3058.69
  • Downside monthly target: 2900.63
  • Downside monthly target: 2646.18
  • Downside monthly target: 2489.45

Hero Motocorp (HEROMOTOCO) indicators technical analysis

Price action analysis of Hero Motocorp (HEROMOTOCO) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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

MACD generated a BUY signal for Hero Motocorp in short term and the buy signal is strong.

Hero Motocorp Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 SELL signal in short term and selling is picking up 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 Hero Motocorp is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 3018.19 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.

Related companies

Quick Charts: Daily Charts Long term Charts Weekly Charts Monthly Charts Renko Charts PNF Charts

chart HEROMOTOCO