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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
09 Fri Apr 2912.90 2928.00 2948.00 2901.15 5.57 lakhs
08 Thu Apr 2928.00 2969.00 2990.35 2913.40 9.53 lakhs
07 Wed Apr 2941.60 2880.00 2948.90 2875.05 6.5 lakhs
06 Tue Apr 2887.95 2900.00 2928.00 2868.00 7.88 lakhs
05 Mon Apr 2886.90 2961.00 2972.95 2866.60 11.53 lakhs
HEROMOTOCO chart

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 2896.2 as stoploss in an intra day buy trade for a target of 3075.76. However, stock will show a bearish move below 2896.2.

  • Daily Price action analysis of HEROMOTOCO based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Intraday technical analysis of Hero Motocorp

Stock is trading at 2773.50 as on 12 Mon Apr 11:40

Day open is at 2874.00, day high is at 2889.95, day low is at 2767.50, and day volume is at 78.71 lakhs so far.

First 15 minute high low range is 2826.00 - 2889.95

First hour high low range is 2781.60 - 2889.95

Date Intraday Price Open High Low Volume
12 Mon Apr 11:40 2773.50 2874.00 2889.95 2767.50 413009
12 Mon Apr 11:35 2774.35 2874.00 2889.95 2772.05 397676
12 Mon Apr 11:30 2779.00 2874.00 2889.95 2772.05 390614
12 Mon Apr 11:25 2780.10 2874.00 2889.95 2772.05 385295
12 Mon Apr 11:20 2780.75 2874.00 2889.95 2772.05 380904
Intraday HEROMOTOCO chart

Prices of Hero Motocorp are surely coming down. Look for opportunities to sell in intraday.

Take a trade after 9:30am only.

Hero Motocorp (HEROMOTOCO) intraday stock price targets

  • EntEntry: 2857.98 or 2915.8
  • Upside target: 2889.95
  • Downside target : 2762.05
  • Second Upside target: 2930.45
  • Second Downside target : 2883.6

Hero Motocorp (HEROMOTOCO) weekly technical analysis

Date Weekly Close Open Range Volume
09 Fri Apr 2912.90 2961.00 2866.60
2990.35
41.013 lakhs
01 Thu Apr 2956.10 2934.95 2902.00
3004.95
31.799 lakhs
26 Fri Mar 2937.80 3131.60 2927.10
3143.95
42.262 lakhs
19 Fri Mar 3119.15 3360.00 3036.00
3369.40
38.515 lakhs
12 Fri Mar 3350.55 3461.65 3310.00
3490.00
32 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Weekly Price action analysis of Hero Motocorp based on a short to mid 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

Hero Motocorp (HEROMOTOCO) Monthly technical analysis

Date Monthly Close Open Range Volume
09 Fri Apr 2912.90 2949.00 2866.60
3004.95
51.69 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
29 Fri Jan 3256.05 3115.00 3031.00
3520.15
289.07 lakhs
31 Thu Dec 3110.00 3120.00 2900.60
3239.50
211.985 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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: 3016.5
  • Downside daily target: 2847.98

Hero Motocorp Weekly stock price targets

  • Upside weekly target: 3665.98
  • Upside weekly target: 3465.58
  • Upside weekly target: 3280.9
  • Upside weekly target: 3061.8
  • Downside weekly target: 2910.88

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: 2912.76
  • Downside monthly target: 2744.48
  • Downside monthly target: 2603.35

Hero Motocorp (HEROMOTOCO) indicators technical analysis

Price action analysis of Hero Motocorp (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.

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

MACD generated a SELL signal for Hero Motocorp 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.

Hero Motocorp 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 in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Hero Motocorp in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL 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 2926.54 and Hero Motocorp HEROMOTOCO 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 Hero Motocorp HEROMOTOCO stock. Volume based technical analysis of Hero Motocorp HEROMOTOCO stock is negative.

Hero Motocorp 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.

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chart HEROMOTOCO