Heormotocorp Long positionally For Targets refer to Levels mentioned in the chart Long above 2750 - 2820 - 3000 - 3342 SL 2700 (have longed at 2750 1st target done today)
HEROMOTOCO trade ideas
Short/Long Setups for HERO MotocorpPremise:
Currently sitting at weekly support zone on a high volume node.
Setups:
Make of the chart as you like, I personally am more inclined to let the stock fall below current demand block and would look for shorts on a retest of it as the primary trend is downwards and auto industry sales have been on a decline.
Target would be around 2300-2350 range for a short, with stop above current demand block.
Target would be 2800-2900 range for longs, stop below 2475.
Hero Motor Corp buy Positional for 2800- CMP 2590Hero Moto Has formed bullish divergence on Weekly Chart and price is also forming Bullish Candlstick Pattern which tells us that price has next stop of 2800. Risk Reward is more than 1:7
Sell Hero Moto below 2550 appears very weak on monthly chartSELL: HERO MOTOCORP below 2550 SL 2665 Target 2260
On daily chart some accumulation was seen so we can also go long above 2600
Add to investing portfolio & double money in 2 yearsIn this channel since 2008.
After hitting the bottom of this channel, it double the money in 2 years or less.
Bullish Divergence is observed as it is approaching the bottom of this channel.
HeroMoto Corp BreakoutHeroMoto Corp
Symmetrical Triangle Breakout
CMP 3076
Target : 3100/3150/3200/3250/330/3350+
SL 2950
HEROMOTOCORPHeromoto corp.. is nearing resistance zone.. if we found any reversal candle pattern on 15 mins then we can short and target 1 50 points..
Entry, Target and Exit points are mentioned in Chart
[Long term] Heromotoco HODLThink we get to 26000 by 2025, with a period of consolidation in the middle
HeroMoto - LongThe stock is trading at its long term personality of 365D EMA. There's an S-R around 3415 levels and it may bounce from those levels. Below S-R, there are monthly and weekly demand zones.
hero down trend 3470 below close then test 3238 level hero down trend 3470 below close then test 3238 level
#Heromotoco sell setup Making money in the markets does not equal success. There are thousands of traders who have made great amounts of money only to lose it all.
HEROMOTOCO near multiple resisHEROMOTOCO near multiple resis . wroth a short above 4000 stop 4200 tgt 3800 and lower
