HEROMOTOCO trade ideas
HEROMOTOCO - Weekly AnalysisIn the Weekly Chart of HEROMOTOCO ,
we can see that, it has shown a up move after a Bullish Hammer Candle.
Let it Retest next week and then enter with SL and Go long.
Short entry Stock is in nagetive trend and forming a descending triangle pattern if break 2482 stock can go upto 2435
If pullback show up contra trade can be executed above 2500 and target should be 2520 and 2534
HEROMOTOCO - Weekly ChartIn the Weekly Chart of HEROMOTOCO ,
we can see that, it has formed at Strong Bullish Candle at last support.
let it retest or make a Halt Candle and then get into this stock and go Long.
HEROMOTOCO ANALYSIS NSE:HEROMOTOCO
LOOK at the chart
its in downtrend so
its better to dont think
about buying side ,
above 2899.95 we can think about
bullishness of the stock .
downside it can touch 2153.
2505 will act as resistance level.
HEROMOTOCO : daily & Hourly HEROMOTOCO is reversing from near support zone on daily chart posted before. IN hourly chart, high chances to touch 2547 resistance zone. if its able to cross it we may see good movement.
for me, its good time to enter ifLike, Share, Comment for regular updates.
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
First Learn and then remove "L". trading near support zone with small stop.
HEROMOTOCO : Near support zoneHEROMOTOCO is reversing from near support zone. Please check 1 hours chart I will post after this, if it close resistance of 1 hour we may see it touch daily resistance zone marked here
Like, Share, Comment for regular updates.
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
First Learn and then remove "L".
HEROMOTOCO SWING TRADEAfter big downfall heromoto is at support area swing trade cab be initiated at 2415 with first target of 2550 and second target 2600 and stop loss of 2365
HEROMOTOCO Looking Goodit's trading near support zone, if it will break the support down side target will open or if it take the support then also we can see the good move upside .
Heromotocorp - VCP3Heromotocorp VCP setup on the verge of Breakout, breakeven, target and Stoploss are marked in the chart
A triangle breakout pattern is seen in Hero Moto CorpMultiple breakouts can be seen in prices, indicators, and oscillators indicating an upward movement in Hero Moto Corp.
Hero Moto Corp took support at the rising trendline and broke out of the falling trendline Futures data shows a long build-up. MACD also shows a positive crossover with a green uptick in the histogram. Prices can rise at least up to 2824 and above that, they can rally up to 2850 - 2900. Can be bought if the price sustains above 2762 levels in small quantities. Stop-loss is below 2719 on a daily close basis. Holding duration 3-4 weeks.
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HEROMOTOCO looks bearish HEROMOTOCO looks bearish on 75 mins time frame.
It has already crossed the trendline on the downside.
Also retested level 2780 and continued following the trend.
It would be wise to stop if it reverses and crosses the 2810 level on the upside.
HEROMOTOHeromoto broke out of descending channel on hourly chart with okayish volume.
Could be bought with mentioned stoploss & target.
Broken Triangle PatternHero Motocorp broken triangle pattern, Staying above 3400 expecting 3800 as target.
lets See.
Happy Investing!
HeromotocoNSE:HEROMOTOCO
One Can Enter Now ! Or Wait for Retest of the Trendline (BO).
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!
HEROMOTOCO - Demand emerged near 2100 in Apr'22This was after 50% retracement of move from 1375 (Mar'20) to 3450 (Feb'21)
Plan ahead => could consider to Buy above 3000
- and/ or Rejections near 2400
PB 2x
PE 21x
ROCE 19%
DivYld 3%
HEROMOTOCO - Bullish Consolidation BreakoutNSE: HEROMOTOCO is closing with a strong bullish consolidation breakout 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 consolidating 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
Disclaimer:
This is for educational purposes only.
Momentum trade on Hero MotocorpA quick trade on Hero may be possible between current market price and 2683 and 2615. 2647 would act as first level of support level.
Disclaimer: only for education purposes - do your own researxh
HEROMOTOHeromoto made rounding bottom pattern on hourly chart & it broke above it with good volumes.
Couldbe bought with mentioned stoploss & targets.
Also be traded in fut & options, comment if you need recommendations on options.
