Hero Motocorp Hero Motorcorp Weekly Chart
Breakdown Weekly Support And Follow Downtrend
Head And Shoulder Pattern
It's ready to go downside
Level mark in details in Chart
HEROMOTOCO trade ideas
Hero - at weekly supportStock has come down to good weekly support levels
Valuations attractive - 1/2 std deviation below averages.
HERO MOTOCORP as on 14.08.2021A DESCENDING TRIANGLE PATTERN FORMED!!
LET SEE WHERE IT WILL GIVE A BREAKOUT!!
If breaks up then can give a good high!!
If breaks down can make a down fall!!
HAMMER ALSO FORMED 2 DAYS BACK WITH NO CONFIRMATION CANDLE!!
DO CHECK THE BREAKOUT VOLUME!!
(ABOVE analysis is only for study purpose do not take it as any buy or sell call)
HEROMOTOCOP Following W Pattern HEROMOTOCOP Following W Pattern as took support from @2750 from double bottom, will touch 3000-3200-3400 in coming days if sustain & close above 2750 on closing basis
HERO MOTOCORP LTD Daily Bullish Bat
Price need to follow GREEN TREND LINE and hit Target 1 & 2 , else if Price BREAKS RED TREND LINE is EXIT
POTENTIAL BUYV
Price ActionTrend lines can be used to trade, if it closes beyond those trend lines trade can be taken respectively
Hero Moto ::: Looking for a Break OutA Nice Cup & Handle Pattern on 30M time frame... looking for Breakout...
HeromotoCorpTriple bottom pattern on weekly chart
Stock price at accumulation phase
RSI showing strength at daily Chart.
Targets- Monthly/Quarterly- 2960-3100/3100-3250
A big move possible - Either SideThe Chart is pretty self-explanatory if you know the basics.
The script has formed a beautiful bearish head and shoulder pattern and is also forming a double bottom pattern from strong support (+ 38 Fibo Level) testing a make or break trendline (Yellow)
Either side break can give a super move given the market volatility.
DISCLAIMER: The ideas are merely for educational purposes. Please consult your financial advisors before taking any trade. Trade at your own risk.
A Good Risk to RewardNot much left to lost on the Script, Sound good as Fundamentally Having Ex-poser in EV Segment too, Do your Own Study before Entrying, Happy trading.
Heromotoco - Elliott wave analysis - C of (Y) waveit is in C of Y wave bearish as double zigzag cycle until price remains below 2952.
hero moto corpHero moto corp has support line reversal candle. Doji morning star. Tomorrow there will be gap up. good to invest and trade.
Resistance zoneIf it closes above the line, we can expect it to rise
Otherwise we can use this line as intraday sell zone
HeromotorCorpHeromotorCorp @20% correction. Pattern- Cup and handle. Upside breakout with good voloume can give atleast 4-5% return.
Call unwinding at near strike
Heromoto , strong supporting emergingHeromoto is having strong consolidation at 2900 levels , potential upside seen soon
