Heromoto has broken its swing high with volume, after consolidation at 20 dma. For a swing, in any dip it can be bought for the first target 3020-3025.
HEROMOTOR SELL BELOW 2750 TARGET: 2735, 2722, 2710 If sustain below 2700 then 2660-2650 possible Posting for Educational purpose only If my analysis appears OK then please LIKE, FOLLOW and SHARE to get more future ideas
Heromotoco is a possible shorting opportunity for target of 2400 in coming days if broke below.
Heromoco is trying to break below 2530 short below 2530 till target of 2500
Heromotoco is trading in a parallel channel. It has already taken its resistance and follow down price, this stock is bearish. It is still expected to move further down till 2586. The low volume is telling that the stock will continue to move in its direction or there will be a price rotation and less fluctuation. Though if the price cross 2712, stock will be bullish.
Profit booking likely to hit max upside 2770-2850 , no fresh longs untill 2850 is broken and sustained. Happy trading .:) tip - dont go for complex charting , i repeat :)
HEROMOTOCO on daily time frame is contracting along a rising wedge pattern which is almost about to breakout. Combined with the bearish pinbar candle formed suggest a break of the high or low will give a good move. Long above 2431 Short below 2369 Fixed target: 1% (or the nearest S/R) NOTE: Trade with confirmation of momentum & volume on lower timeframes in intraday.
INTRADAY TRADE IN HEROMOTOCORP BUY@2082 STOP@2062 TARGET@2122 QTY=500(CASH) !!please note trade with caution!! !!manage your risk!! !!trade-wise!! !!please adjust for future rates!! !!intra-day ideas series everday at between 9:30 to 10:30!!
INTRADAY TRADE IN HERO MOTO SHORT@2030 STOP@2048 TARGET@2010 QTY=300(CASH) !!please note trade with caution!! !!manage your risk!! !!trade-wise!! !!please adjust for future rates!! !!intra-day ideas series everday at between 9:30 to 10:30!!
Only for swing trading... Buy HeroMoto on monday above 2032 for the target of 2250, 2300. and If stock move down then short below 1935 for the target of 1850, 1835. not take any trade in this range of 1950 to 2030. ( you can do daytrade in this zone) time period- 5days to 15 days. only for swing trading... Happy Trading Thank you, Vishwajeet Sharma
INTRADAY TRADE IN HEROMOTOR FUT SHORT@1985 STOP@2010.05 TARGET@1963 QTY=600 !!please note trade with caution!! !!manage your risk!! !!trade-wise!! !!please adjust for future rates!! !!intra-day ideas series everday at between 9:30 to 10:30!!
Just wait for Trigger level.
- HEROMOTOCORP is facing hard rejection from the upper trendline. - Waiting for this to get breakout for a long buy trade. - Always identify the fakeout and real breakout before taking the trade. Join Our Telegram Group for More Script Charts : t.me
IT HAS BROKEN MAIN LEVEL OF 50% OF FIBONACCI TODAY ON WHICH MANY STOCKS TAKE SUPPORT OR RESISTANCE TWO TARGETS FOR SHORTS ARE GIVEN GOOD LUCK NOTE: ONLY FOR EDUCATION PURPOSE
Axis can go further down Reasons for trade- 1. Axis is downtrend on daily as well as weekly chart 2.Support is formed at 640 on 4 hour chart 3.Price approaching towards the 2013 trendline 4.Rounding top patter is getting completed on daily chart 5.Risk Reward 1:2 Sell below 640 Stoploss 676 Target 600 Intraday 585 Positional