Heromotocorp
HEROMOTORCORP | Bullish Divergence
Bullish divergence on the lower time frames.
Bounce at the 1.272 extension.
Potential Cypher pattern with the CD leg forming as we speak.
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.
TRADING STRATEGYHi Friends,
Today I am going to teach you a strategy that work for life time and applicable eternally. ✔
This strategy I learned from Greatest of great trader JESSE LIVERMORE.
What is it.
Go long on Strong stock or leader in the sector on first indication of uptrend in respective INDEX.
similarly
Go short on weak stock or laggard in the sector on first indication of down trend in respective INDEX.
Example: NIFTY AUTO sector.
HERO MOTOR is undisputed leader in 2 wheeler sales in INDIA. It reflected by stock behavior. It first brakeout to upside before the auto index brakeout. (30th April 2020)😎
TATA MOTOR is struggling with sales and going to sell some of its units to reduce debt. This is clearly shown by stock behavior as it gave brakeout after auto index brakeout. Now it cracked important level to down side (22nd September 2020)😢
NOW TIDE IS TURNING. (closing below the red lines which shows the investors behavior )
So it is better to short the laggard than winner.
It clearly shown by Tata share price fall during last 3 days.
YOUR HUMBLE TRADER
KIRAN
LONG Hero moto corpHero Moto Corp is at its 1D support , one can enter long from CMP with SL of 100 rs and Target for 200 rs.
1:2 risk:reward ratio
ONLY FOR EDUCATIONAL PURPOSE
R-0179 INTRADAY HEROMOTO (BUY)BUY 3038-3045
SL 2999
TGT 3114
Reason: Above VWAP + TK cross over + MACD cross over on 30 min chart so look bullish on the short term.
HEROMOTORS CHART LAYOUTTHIS IS MY 1ST ANALYSIS OF HERO MOTORS. THIS IS FOR ONLY EDUCATIONAL PURPOSE.
hero motocrop hello!! guys hero motocorp is a good stock but for now, it is giving a lot of sell signals as an inverted pin bar and also the double top. it is also in a short buildup. so great signals of sell and good signals for pe also. can trade after breaking the trendline, but yeah after all market is supreme so trade only after confirmation. #learner #my_view
Today’s performance report June 30 2020Today’s performance report June 30 2020
Dear traders it’s great to be here sharing ideas and thoughts with each one of you.
Coming back to business, we have given 2 recommendations today
1. Hero MotoCo- Target reached profits made
2. Bank nifty - Target reached profits made
Our total 5 signals today (given to subscribed clients) each signal reached targets and achieved profits for our clients. Here on this trading view platform we are however posting few signals to check our accuracy.
Many people made huge profits today and as per my predictions , the market was running same direction and entry and exit strategies where bang on target.
Well done team!
Our signals are based on analytics, algorithms, mathematical derivatives.
Always be a responsible trader, kindly trade only when you have maximum opportunity in the market with minimum risk and with keynotes like data,analysis and proper strategies.
Kindly message me for profit making signals and trades.
Join our groups and make it big. Message me for more Information.
Sell Hero Motocorp Ltd | Expected Profit 13-15%Goodluck Capital Recommendation
Sell Hero Motocorp Ltd (NSE: HEROMOTOCO)
CP# - 2540.45
Sell Range - 2620-2520
Target - 2280-2250
StopLoss* - 2690
Duration - 15-20 trading days
Potential Return^ 11-13%
Risk : Reward = 2 : 5
# Closing price on Jun 26, 2020.
* Maintain recommended StopLoss by daily closing basis.
Once 1st target hit, reset StopLoss at 2410.
^ Potential returns are calculated based on the median of sell range.
HeroMotor in ChannelHero Motor cop in a parallel channel. As per the Harmonic, it is in a reversal zone in the range of 2410 - 2440. I expect a high chance to broke down. If breaks upside and close above 2530 It will give good moves on an upside, for that it closing price should stay in the above of 2530 minimum 1hr candle.
HERO MOTOCORP LTF - BTFD - Till it closes below 2235NSE:HEROMOTOCO is currently in the uptrend till it closes below 2235.
So any dip can be used to buy the dip.
HEROMOTOCO - Wait for a pullback for any fresh entry in stockHEROMOTOCO
Stock now have a good support in the range of 2020 -2060, hence any pullback would be a opportunity to enter longs in the said range as mentioned above.
Any move above 2100 would see 100 points fast jump in the stock.
This view will be negated below 2020
Hero MotoCorp 75 Min Analysis .* Price Retraced From Strong Supply Zone .
* Facing Resistance From Trend line
* Shooting Star Pattern , Price Rejected From Upper Levels .
* Strong RSI Divergence .
Sl :2266
Hero Motocorp Price rejection You can short hero motocorp for target toward 2090-2030
Price shown rejection through pinbar
