Heromotocorp
HEROMOTOCO : Long SetupNSE:HEROMOTOCO
Hi Traders,
After took support on lower band, HEROMOTOCO reversed and is moving to higher band of upward price channel. So, we can open new buy order.
Entry and target level on chart.
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* This analysis is educational/learning purpose only.
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HeromotocoIm not an expert im just sharing my views on HEROMOTO CORP for tomorrow
Im not responsible for any profit or loss this is not a recommendation
HeromotocoIm not an expert im just sharing my views on HEROMOTO CO for tomorrow
Im not responsible for any profit or loss this is not a recommendation
BAJAJ AUTO LTD. LOOKS UPSIDE BAJAJ-AUTO LTD. has made good Support on bottom line @ 2840
Also has made Dragonfly Doji Pattern which shows some Recovery for Upside.
BAJAJ-AUTO
Made a good Support @2840
DRAGONFLY DOJI CANDLE PATTERN
CMP @2898.20
TGT-- 2.970--3030
Stop Loss @ 2840
2-3 Days Expected
{ALL MY VIEWS ARE ONLY FOR EDUCATIONAL PURPOSE.}
HEROMOTO CORP ON SUSTAINABLE HOLD RANGE FOR SHORT TERMHeromoto Corp is on hold range with Retracement and then Bounce back for Higher Side.
Retracement level--2875
Upside range 3375 After Retracement
LEVELS MENTIONED IN CHART WITH SUPPLY AND DEMAND ZONE.
{VIEWS ARE ONLY FOR EDUCATION PURPOSE.}
HEROMOTO ANALYSISTHE STOCK IS IN A UPTREND AND HAS GIVEN A BIG BREAKOUT AT 2999-3005 LEVELS THERE IS A SMALL RESISTANCE AREA AT 3105 LEVELS ABOVE WHICH THE STOCK CAN RALLY TILL 3350-3390 LEVELS.
IF THE STOCK BREAKS ABOVE 3105 WITH VOLUMES AND GIVE A CONTINUATION ON THE UPSIDE ONE CAN BUY AT THOSE LEVELS WITH SUPPORT AT 3005-2995 LEVELS FOR UPSIDE TARGETS OF 3150/3200/3250/3300/3350/3400
RESISTANCE - 3105/ 3165 // 3225 // 3280 // 3340 // 3390
SUPPORT - 3050 // 3000 // 2975
hero motors looking good for longhero motor crop is looking good for buying with short term target of 3000.
(for educational use)
HEROMOTOCOP SWING BUYHeromoto 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.
Heromotoco - Breakout ?Hero broke out of its long term bullish channel on the account of Rs. 25 Dividend - so a price correction was only expected.
The breakout may well be a rejection like we have seen earlier and it took a sharp pullback from 200 HEMA which has acted as a support on all previous breaks from the channel.
Positional ideas: (I will wait for confirmation with a close above/below on the 15 min candle)
Short below 2640
Long above 2700
SHORT HEROMOTORCORP. Channel Breakdown.It looks like it has broken down from the rising channel. Time to go short?
HEROMOTOR SELL BELOW 2750HEROMOTOR SELL BELOW 2750
TARGET: 2735, 2722, 2710
If sustain below 2700 then 2660-2650 possible
Posting for Educational purpose only
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