#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
HEROMOTOCO trade ideas
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.
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.
Long HEROMOTOCORPThe chart pattern of HERO resembles MARUTI a few quarters back (Previous idea).
Once the range of 2900 - 3000 breaks, it will achieve 3500 levels.
HERO is a symbol of rural consumption; within the last few months, the inflation scenario has favored producers and thus, agro-businesses.
BUY! and keep buying on DIPS
*NOT SEBI REGISTERED*
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".