#HEROMOTOCORPHeromotocorp is trading in the downtrend in longer time interval, having downward sloping trend line having resistance zone placed at 2620.
It has formed deep crab pattern with PRZ at 2620. View negate above 2670 on closing basis.
HEROMOTOCO trade ideas
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.
An uptrendThere is an increase in overall volume. Combining it with a move above the moving average supports the analysis.
HeromotoThe Main Trend is uptrend channel is made .. if tomorrow open's below the middle channel line then shortfall till channel support also it is at 45 Min downtrend ..
S = R represent Support turns resistance an vice versa ( imp level )
#BEARISHBAT HEROMOTOCOBearish bat identified in daily time frame.price entered in PRZ zone..once complete entire PRZ will look for reversal..in short timeframe to take entry..
HERO MOTOCORP HEAD AND SHOULDERS BUY OPPORTUNITYHERO MOTOCORP STOCK MAY FORM INVERTED HEAD AND SHOULDERS ON H-1 CHART. THE HEAD OF POTENTIAL HEAD AND SHOULDERS PATTERN HAS FORMED AT THE PSYCHOLOGICAL LEVEL OF INR 2000 MARK. PRICE LEVEL OF INR 2000 WAS HELD AS RESISTANCE ON DAILY CHART ON 09 & 13 APRIL 2020, WHICH MAY ACT AS SUPPORT AND CHART MAY COMPLETE REVERSAL FORMATION "HEAD AND SHOULDERS". THIS PATTERN SUGGESTS THAT STOCK HAS POTENTIAL TO GO UP.
ENTRY: INR 2060 TO INR 2040 (WAIT FOR REVERSAL TO THE UP SIDE IN THIS RANGE ON H-1 CHART)
STOP LOSS: INR 1960
TARGET-1: INR 2130 (RETEST OF NECK LINE)
TARGET-2: INR 2200 (RE-TEST OF PREVIOUS STRUCTURE RESISTANCE)
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 moto good shorting candidateCounter can be shorted in prz zone,, from where good reversal can be seen,,,
view gets negated above 2350 levels on closing basis
Hero Motocorp Price rejection You can short hero motocorp for target toward 2090-2030
Price shown rejection through pinbar
HERP MOTOCORP 2020 ANALYSISONE CAN ACCUMULATE THE STOCK AT THE RANGE OF (1800 TO 1550)
I HAVE A BULLISH VIEW ON THESE IF I GET THE STOCK IN MY RANGE THAN I WILL BUY THE STOCK.
IF YOU FIND THE ANALYSIS NICE PLZ LIKE AND COMMENTS.
BEARISH BAT HEROMOTOBearish bat identified in heromoto on daily chart...support trend line visual in 1hr chart so will wait to break support line and close below in 1hr chart..will sell it at that candle low...stoploss and target will be update in comment section..if reversal then...
Hero motocorp : Lets understand in multiple time frameHello Guys,
Let's understand Heromoto cop in bigger and multiple time frame
Monthly time frame: Look bullish toward control price Volume increases, Touches lower value in the monthly chart
Weekly Time Frame
I am seen totally bullish in all time frame toward 2200-2400 level soon.......
I know many of you just seen and leave it bt likes give me more potential to do work hard more and more it only takes second to click on like
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