BullFO

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
02 Thu Jul 2671.40 2550.00 2685.00 2550.00 33.53 lakhs
01 Wed Jul 2547.45 2556.00 2575.05 2530.00 13.37 lakhs
30 Tue Jun 2546.95 2549.00 2568.35 2512.00 14.42 lakhs
29 Mon Jun 2504.05 2530.00 2530.00 2468.00 11.32 lakhs
26 Fri Jun 2540.45 2580.00 2590.65 2530.80 13.52 lakhs
HEROMOTOCO chart

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 2648, for a target of 2530.2 or 2431.99

  • Daily Price action analysis of HEROMOTOCO 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.

  • 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 2671.40 as on 02 Thu Jul 15:33

Day open is at 2550.00, day high is at 2685.00, day low is at 2550.00, and day volume is at 1370.09 lakhs so far.

First 15 minute high low range is 2550.00 - 2585.00

First hour high low range is 2550.00 - 2610.00

Date Intraday Price Open High Low Volume
02 Thu Jul 15:33 2671.40 2550.00 2685.00 2550.00 3353156
02 Thu Jul 15:30 2680.00 2550.00 2685.00 2550.00 3353156
02 Thu Jul 15:25 2675.45 2550.00 2685.00 2550.00 3315029
02 Thu Jul 15:20 2673.70 2550.00 2679.00 2550.00 3235290
02 Thu Jul 15:15 2670.05 2550.00 2678.95 2550.00 3125635
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: 2567.5 or 2647.85
  • Upside target: 2585
  • Downside target : 2515
  • Second Upside target: 2745.7
  • Second Downside target : 2610.7

Hero Motocorp (HEROMOTOCO) weekly technical analysis

Date Weekly Close Open Range Volume
02 Thu Jul 2671.40 2530.00 2468.00
2685.00
72.634 lakhs
26 Fri Jun 2540.45 2371.15 2361.00
2590.65
120.272 lakhs
19 Fri Jun 2355.85 2394.95 2316.00
2435.70
99.837 lakhs
12 Fri Jun 2401.85 2359.00 2230.70
2439.80
127.95 lakhs
05 Fri Jun 2340.65 2360.75 2263.05
2399.00
86.708 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 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
02 Thu Jul 2671.40 2556.00 2530.00
2685.00
46.901 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
30 Thu Apr 2166.70 1590.10 1543.15
2198.10
305.182 lakhs
31 Tue Mar 1596.45 2100.00 1475.00
2110.00
262.051 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Monthly 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 Daily stock price targets

  • Upside daily target: 2745.7
  • Downside daily target: 2610.7
  • Downside daily target: 2472.9
  • Downside daily target: 2350.79

Hero Motocorp Weekly stock price targets

  • Upside weekly target: 2786.7
  • Downside weekly target: 2627.35
  • Downside weekly target: 2450.73
  • Downside weekly target: 2332.73
  • Downside weekly target: 2184.55
  • Downside weekly target: 2032.08
  • Downside weekly target: 1877.08

Hero Motocorp Monthly stock price targets

  • Upside monthly target: 2755.7
  • 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 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 Hero Motocorp stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Hero Motocorp 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.

Hero Motocorp 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 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 and BUY signal is strong.

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 2503.24 and Hero Motocorp HEROMOTOCO 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 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