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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
17 Fri Sep 2932.10 2941.00 2954.45 2896.65 10.24 lakhs
16 Thu Sep 2920.40 2889.00 2926.00 2881.90 11.18 lakhs
15 Wed Sep 2874.95 2860.00 2885.00 2860.00 6.82 lakhs
14 Tue Sep 2851.70 2800.00 2861.00 2800.00 8.81 lakhs
13 Mon Sep 2789.80 2770.00 2812.90 2770.00 2.8 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 2947.7, for a target of 2849.9 or 2768.36

  • 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

Intraday technical analysis of Hero Motocorp

Stock is trading at 2897.15 as on 20 Mon Sep 10:20

Day open is at 2920.00, day high is at 2920.00, day low is at 2873.55, and day volume is at 12.2 lakhs so far.

First 15 minute high low range is 2873.55 - 2920.00

First hour high low range is 2873.55 - 2920.00

Date Intraday Price Open High Low Volume
20 Mon Sep 10:20 2897.15 2920.00 2920.00 2873.55 129946
20 Mon Sep 10:15 2897.80 2920.00 2920.00 2873.55 126477
20 Mon Sep 10:10 2897.20 2920.00 2920.00 2873.55 122434
20 Mon Sep 10:04 2897.00 2920.00 2920.00 2873.55 117171
20 Mon Sep 10:00 2893.75 2920.00 2920.00 2873.55 112498
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: 2896.78 or 2919.9625
  • Upside target: 2920
  • Downside target : 2827.1
  • Second Upside target: 2943.28
  • Second Downside target : 2885.48

Hero Motocorp (HEROMOTOCO) weekly technical analysis

Date Weekly Close Open Range Volume
17 Fri Sep 2932.10 2770.00 2770.00
2954.45
39.845 lakhs
09 Thu Sep 2796.70 2824.80 2763.00
2830.00
16.368 lakhs
03 Fri Sep 2799.45 2680.00 2680.00
2813.95
30.73 lakhs
27 Fri Aug 2674.05 2701.00 2636.00
2710.90
26.968 lakhs
20 Fri Aug 2697.50 2775.00 2681.20
2795.00
26.972 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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
17 Fri Sep 2932.10 2759.00 2702.60
2954.45
74.675 lakhs
31 Tue Aug 2741.85 2770.10 2636.00
2865.90
117.293 lakhs
30 Fri Jul 2763.30 2905.00 2740.00
2968.95
103.449 lakhs
30 Wed Jun 2902.60 3016.50 2852.00
3090.00
158.873 lakhs
31 Mon May 3007.50 2779.95 2766.65
3033.40
206.554 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Hero Motocorp Daily stock price targets

  • Upside daily target: 2945.25
  • Downside daily target: 2804.08

Hero Motocorp Weekly stock price targets

  • Upside weekly target: 3035.5
  • Downside weekly target: 2885.33
  • Downside weekly target: 2746.35

Hero Motocorp Monthly stock price targets

  • Upside monthly target: 3632.68
  • Upside monthly target: 3426.53
  • Upside monthly target: 3212.25
  • Upside monthly target: 3057.13
  • Downside monthly target: 2887.08
  • Downside monthly target: 2719.94
  • Downside monthly target: 2573.98

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 tired and bears are picking up momentum.

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 but buying is losing 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 2856.12 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.

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