Hero MotorCorp - Shows a Flag and Pole pattern Recent movements and consolidation resembles a flag and pole pattern. Once breaches 3200, it will see a huge upside.
HEROMOTOCO trade ideas
Ready For breakout hero motocorpready for breakout for heromotocorp but one condtion 3200 residence lever if break 3200 wait for one day and close 3200 above so we enter and stoploss is recent low lets see
NSE HEROMOTOCO: Are Bulls Strong Enough to Sustain Impulse?Timeframe: 30 min
Brief analysis:
HEROMOTOCO has started a five-wave impulse cycle from the low of 2745.5. Price has accomplished wave Y of wave (4) and started impulsive wave (5). Buyers will have an opportunity with a captivating risk reward to ride the trend after confirmation for the following targets: 3167 – 3210 – 3260+ .
In-depth analysis:
NSE HEROMOTOCO has formed an impulsive cycle after an extreme low. In this case, the security is trading above the 20,50, 100, and 200 EMAs, which indicates that the bulls are in control. The formation of wave two was a running flat which retraced 0.618% of wave (1) at 2795. The third wave was an extensive wave that extended 3.618% of wave 1.
Wave 4 has formed a double zigzag formation with wave W-X-Y, in which wave W was a zigzag, and wave Y is an expanding triangle. The retracement of wave (4) is 0.382 of wave 3. Currently, the price has broken out and traded above wave d, which signals that the big move is about to unfold.
Corrective structure always holds by either wave X or B-D trendline in expanding triangle. The price can take a retracement if the demand is growing with low volume. If the price breaks out at 3131, traders can initiate a long position for the following targets: 3167 – 3210 – 3260+ . The setup will be invalid after the breakdown of wave e.
Target measurements:
100% Reverse Fibonacci of the 4th wave at 3208, and 38.2% extension of wave 1 through the 3rd wave at 3212.
50% Fibonacci extension of wave 1 through 3rd wave at 3261.
Nearby high of wave B at 3167.
We will update further information soon.
HEROMOTOCORPS - Cup has been formedCaup has already been formed, waiting for handle to be formed. We can expect price of 3080 in upcoming days.
HeroMotocorp on raise of breakout with surge in volumeholding key MA; surge in breakout volume and bigger consolidation on HTF as well.
Likely to hit target and fly above ATH. #patience is required.
HEROMOTOCORP- Daily/Hourly Timeframe-Tringle PatternNSE:HEROMOTOCO
Entire auto sector has outperformed in past few weeks, However HEROMOTOCO is looking a bit weak as per as per the daily chart, it has broke its previous daily swing low.
Stock is consolidating in tringle in hourly chart. In hourly chart buyers are trying to push price higher (Higher lows) however sellers are defending level 2840-2855.
If it breaks either side we may see a momentum, keep eye.
This idea is only for educational purpose, please manage your risk accordingly.
HEROMOTOCO - Bullish Momentum with VolumesNSE: HEROMOTOCO is closing with a bullish momentum candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
Hero Moto corp- Can we short at this level
Last 3 days fall may continue for few more day with Hero Motocorp. Should we take short position when Nifty is trying to break its life time high?
HERO MOTOCORP IS LOOKING GOOD TO BUY FOR POSITIONALHero Moto completed its Round Bottom, and retesting the zone, expecting bullish move in coming months
HEROMOTOR CORPNow not looking for any long at this time. Advise to wait with calm mind so that good RR can capture.
Enter above AVWAP or at AVWAP lower side.
hero motorThinking to start hero motor from here because stock has moved too much from the low so expecting some reversal from here towards VWAP. As of now based on chart pattern looks very strong but expecting some reversal at least so not going on decide to start on this area
Techno-Funda pickHero Motor is consolidating since Feb 21 and now it has given a Pennant / Bullish wedge breakout with good Volume. Hero is a market leader and consistently showed great growth on YOY basis. Still there is a significant upside left for the stock so in my opinion, one can do SIP in this stock without being worried for Stop loss simply because it has a great fundamentals. Buy it in instalments or on each dips and there will be few resistances before it tests its all time high ie 4000.
CMP - 2892 W (6/3/23)
T - 3100, 3500 W
SL - 2700 W
HEROMOTOCOMake Cup and handle pattern in 4 hour time fram , 50 EMA cross 100 EMA from below in 4 hour time fram , MACD saw fair value in daily time fram , make retest at breakout level so first Target will be 2888.30 and stop loss will be 2661.10
This is for educational purpose not a trading advice so that's my view comment down your view 🤗
Pin Point Prediction Of stock of week 22 to 26 May 23Hello Traders ,
Stock of the week for your trading has been continuously updated so that by using my in depth knowledge you can earn extra in your trading. For more details check below .
Yogesh Vats
#HEROMOTOCO... Looking good 18.05.23#HEROMOTOCO.. ✅▶️
Intraday as well as swing trade
All levels given in charts ...
IF good potential seen then we work in options also
if activate then possible a huge movement Keep eye on this ...
We take trade only when it activates...
Possible to give good target
TRADING FACTS
Sell signal in HeroMotocorp
Swing high is touched and now the downward movement should start for Hero Motocorp . Profit can be made on the downside for a week.
HEROMOTOCO--Consolidation + Up move ??--->> The stock is trending upwards with strong consolidation.
----->> now price reached the resistance .
------->> keep look at this level for continue or reversal downside. we have an another resistance at 2820 levels.
-Consolidation + Up move == reversal possible.
CAN YOU BE my herothis stock is doing nothing for a longtime. has completed complete Elliot cycle on daily chart I am buying this stock in sip mode for 4 to 8 months time period the only condition this trade has is it should not go below 2500 levels otherwise all wave patterns will fail and we will analyze it again. targets i will update as it forms over time but still 2900 and above targets in 4 to 8 months is what I am expecting.
Pin Point Predictions of stock Updated on 13-5-23Hello Traders,
This is the trade plan of one stock Whose predictions are done with great depth for you. To understand it better in detail price action check below.
HEROMOTOCO--Likely to reversal or continue??Observations:
---------->>the stock is trending upwards,
-------->>After a strong bearish gap down, price is moving upwards again from demand zone @2460-2440.
------>> keep track on this for further bullish continuation or likely to reversal from this zone.
we need further price action to be noticed, for reversal. As of now its bullish.
Pin Point Prediction Of Stocks updated On 6-5-23Hello Traders,
Presenting a good simp [le and crystal clear analysis for the stock of week to add extra income in your pockets. To understand complete entry and exit check below.
HEROMOTOCO : ShortDegrading Momentum.
PE Trending down.
Auto Sector Momentum is trending down too.
Perfect short candidate. Not a Recommendation.
Heromoto - bullish crossovers on Moving averagesHeromoto has turned bullish on a host of indicators
The moving average crossover highlighted here sometimes gives big trending moves. Long
