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HEROMOTOCO

HEROMOTOCO Mega Breakout AheadHey Family, there is a one more stock Which is showing a great opportunity. Key Points:- * Formation of Rectangular box Pattern in Daily TF. * From Jun 2024 to Sep 2024 its in range. * From Jun 2024 to Sep 2024 Tested & Moving Resistance Many times. * It's Near resistance Zone and trying to Break Resistance Zone with good volume, good Closing Required. * Volume is Missing. What is your view please comment it down and also boost the idea this help to motivate us. We are Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
NSE:HEROMOTOCOLong
by ChartSight
1
HEROMOTOCO - Flag and Pole - Breakout -DailyHEROMOTOCO - Flag and Pole - Breakout -Daily Name - HEROMOTOCO Pattern - Flag and Pole Timeframe - Daily Status - Breakout Volume - Good Cmp - 5578 Target - 7145 SL - 5266 Pattern : Flag and pole The flag and pole pattern is a popular technical analysis tool used by traders to identify potential continuation of a trend. Here’s a breakdown of its components: Flagpole: This is the initial sharp price movement, either upward or downward. Flag: Following the flagpole, the price consolidates in a small range, forming a rectangular shape that resembles a flag. Key Characteristics: Continuation Pattern: It indicates that the prevailing trend is likely to continue after the consolidation phase. Volume: Typically, the volume decreases during the flag formation and increases again when the price breaks out of the flag. Trend Direction: The pattern can be bullish (upward trend) or bearish (downward trend). Fundamental ratios: Here are some key fundamental ratios for Hero MotoCorp Ltd. (HEROMOTOCO): Profitability Ratios: Return on Equity (ROE): 18.5% Return on Capital Employed (ROCE): 22.3% Net Profit Margin: 10.4% Valuation Ratios: Price to Earnings (P/E) Ratio: 19.2 Price to Sales (P/S) Ratio: 2.75 Enterprise Value to EBITDA (EV/EBITDA): 19.18 Solvency Ratios: Debt to Equity Ratio: 0.05 Current Ratio: 1.5 Efficiency Ratios: Asset Turnover Ratio: 1.2 Inventory Turnover Ratio: 5.3
NSE:HEROMOTOCOLong
by VCharts_TA
MACD Crossover Swing Trade📊 Script: NESTLEIND 📊 Nifty50 Stock: YES 📊 Sector: FMCG 📊 Industry: Food - Processing - MNC ⏱️ C.M.P 📑💰- 2622 🟢 Target 🎯🏆 - 2769 ⚠️ Stoploss ☠️🚫 - 2560 📊 Script: ADANIPORTS 📊 Nifty50 Stock: YES 📊 Sector: Marine Port & Services 📊 Industry: Miscellaneous ⏱️ C.M.P 📑💰- 1341 🟢 Target 🎯🏆 - 1426 ⚠️ Stoploss ☠️🚫 - 1293 📊 Script: HEROMOTOCO 📊 Nifty50 Stock: YES 📊 Sector: Automobile 📊 Industry: Automobiles - Motorcycles / Mopeds ⏱️ C.M.P 📑💰- 4722 🟢 Target 🎯🏆 - 4949 ⚠️ Stoploss ☠️🚫 - 4597 📊 Script: AMBUJACEM 📊 Nifty50 Stock: NO 📊 Sector: Cement 📊 Industry: Cement - North India ⏱️ C.M.P 📑💰- 612 🟢 Target 🎯🏆 - 650 ⚠️ Stoploss ☠️🚫 - 592 📊 Script: BERGEPAINT 📊 Nifty50 Stock: NO 📊 Sector: Paints/Varnish 📊 Industry: Paints / Varnishes ⏱️ C.M.P 📑💰- 573 🟢 Target 🎯🏆 - 603 ⚠️ Stoploss ☠️🚫 - 558 ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁 Happy learning with trading. Cheers!🥂
NSE:NESTLEINDLong
by radha_23
Where will Hero Motocorp head?Hero Motocorp is trading around the levels from where in can give either side move. The stock has retest the 61.8% fibonacci levels and after takin support from the level it retested and reversed from 50% level of the recent down swing. So the stock right now is trading around 3000 levels and has formed a gravestone doji after a big 7% bearish move last week. Though the stock is showing some bullish moving averages cross over and is coming to retest the moving average. After the tie up for supplying Harley Davidson bike the stock shooted up. The stock tried to consolidate around the recent high but couldn't hold the path and has given a fall from there. The stock on the daily time frame, is trading around the 20 ema and has consolidated near the higher levels of recent swing. Intraday, swing and positional all opportunities are there in this stock as the stock has closed near a support zone and has consolidated in a range for 4 days. If the stock breaches the swing low, a bearish trade can be initiated and continued with a trailing stop loss. The stock can give 1-2% move on the intraday levels and much more in positional trades. Entry 1 :- Below 2980 Target :- 2930, 2860(with trailing SL) Stoploss :- 2995 Entry 2 :- Above 3080 Target :- 3185 Stop loss :- Can be a close below 20/200 ema on hourly charts. The stock is somewhat on the lower range and there are much more chance of a bearish move. If the stock opening gap up avoid trading the stock for intraday as it can trade in a range. Trade only once the stock start trading outside the box. Wait for the price action near the levels before entering the trade.
NSE:HEROMOTOCO
by TheMamboMomentum
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.
NSE:HEROMOTOCOLong
by forextidings
2
HEROMOTOCO- Set to Outperform the Auto Index!Attached: HEROMOTOCO/ NIFTY AUTO Weekly Chart as of 28th April 2023 The Chart is Clearly indicating a Terminal Wave in the form of an Ending Diagonal with a Massive Bullish RSI Divergence So long Hero MotoCorp has been ignored by the Market and Underperforming within the Auto Index Get Ready Now because the Stock will see a Change in Trend from Down to UP and INVESTOR Money is expected to start flowing into this Stock Makes a Case to Buy an Outperforming Stock See my Related Idea on HEROMOTOCO Outperforming Index Nifty 50, that is another evidence that supports the Bullish View
NSE:HEROMOTOCOLong
by T_Harth
HEROMOTOCO- Relative Strength says BUY!Attached: HEROMOTOCO/ NIFTY 50 Weekly Chart as of 28th April 2023 The above Ratio Chart also called a Relative Strength Chart shows that the Stock HEROMOTOCO is set to Outperform the Index Nifty 50 and has given a Buy Signal on this Ratio Chart based on Elliot Wave Theory Wave 1/ A was a 5 wave Impulse Ratio retraced to 0.786 in Wave 2/ B as a 3 wave Corrective AND NOW, Wave 3/ C to the Upside is set to start/ has started already and this means the Stock is expected to Outperform the Market from here, making it a BUY as you always buy Outperformers because that is where the Strength is! Note: The Stock has Earnings on 4th May, Thursday
NSE:HEROMOTOCOLong
by T_Harth
Break down in HeroMoto.Hero Moto corp has given a break down of a triangular consolidation and also closed below its 20 DMA, Though, its taking support from its weekly 200 ema. Tomorrow, if the stock on an hourly time frame closes below 2774 levels, a short traded can be initaited. Targets :- 2735, 2692 Stop loss :- 2775 The markets are retracing and the stock if closes below 2730 tomorrow, it will break its weekly 20 ema and a swing trade for the month of October can give nice targets. Wait for the price action near the levels and on closes to closes basis the stock will give nice targets.
NSE:HEROMOTOCOShort
by TheMamboMomentum
2
Hero Motocorp trading near moving averagesHero Motocorp on a weekly time frame is taking support from its 20 ema. The stock had closed between the two moving averages. For last 3 trading session the stock is trading in a narrow range and the moving averages on daily time frame has coincided. The levels for the stocks are marked on the chart itself. On smaller time frame, the price range is narrowing down and the stock can give a nice move on the either side. support :- 2555, 2525 Resistance :- 2614, 2645 Wait for the stock to break and close outside the box on a daily time frame. The trade can be a swing or intraday trade.
NSE:HEROMOTOCO
by TheMamboMomentum
1
YR 2022 Idea #67: Long on HEROMOTOCOThis is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. Our objective to help anyone who wants to learn technical analysis using charts by demonstrating my real trade entries. You can post your queries in comment section here and we will try to answer them asap.
NSE:HEROMOTOCOLong
by onerighttrade
Simple Trade Setup | HEROMOTOCO | 23-05-2022 [INTRADAY]NSE:HEROMOTOCO Observations: 1) On 1day time frame, we can see it is near critical breakout level of 2600. If it trades above it then we can aim for the resistance trendline as our target for positional buy trade and if it rejects from here then we can plan as per sell trade but not positional. Please refer below chart : 1day time frame. 2) On 15min Time Frame, we can see a rounding bottom pattern. Please refer below chart : 15min time frame. Also on same time frame we can see a support channel. Please refer below chart : 15min time frame. ------------------------------------- Trade Setup for 23-05-2022 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
NSE:HEROMOTOCO
by Trading_hawk