HEROMOTOCO Haven't seen a cleaner Diamond breakout in quite some time.
Although diamond top upward breakouts have poor performance statistics, the Cleanness of this pattern + Above average Volumes on breakout + MACD bullish crossover is persuading me to take action.
Target 3130
Keep SL according to your risk appetite.
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DISCLAIMER: I am not a SEBI registered investment advisor.
This content is for educational purposes only.
Invest capital at your own risk only after doing your own due diligence
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HEROMOTOCO
HERO MOTOCORP LTD Daily TimeframeSNIPER STRATEGY
This magical strategy works like a clock on almost any charts
Although I have to say it can’t predict pullbacks, so I do not suggest this strategy for leverage trading.
It will not give you the whole wave like any other strategy out there but it will give you huge part of the wave.
The best timeframe for this strategy is Daily, Weekly and Monthly however it can work any timeframe above three minutes.
Start believing in this strategy because it will reward believers with huge profit.
There is a lot more about this strategy.
It can predict and also it can give you almost exact buy or sell time on the spot.
I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
Bull Flag Pattern in HEROMOTOCO (Short term Swing Trade)This analysis is purely on price action and chart patterns.
Trade opportunity is for short term swing. But since the sector is expected to be bullish in coming years, it can be used for investment opportunity too.
Trade Strategy is explained in image itself.
Traders can either wait for the pull back and then enter at around 3573 and below *OR* Risk averse traders can enter on the high of the candle as well.
SL is given in image itself.. SL needs to be trailed accordingly.
*Trade should be taken at your own risk and money management*
Feel Free to comment your queries or suggestion in comments.
HEROMOTCO 30 JUNE 2020HEROMOTCO 30 JUNE 2020
CASH HEROMOTCO BUY ABOVE 2551 SL 2533 TARGET 2559/2569/2579
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Also please read the comments section for changes i give if any changes in the entry level