Note: im working on 5 minute Time Frame ,look at in 5 minute time frame for better Idea
NSE:HEROMOTOCO is trading near to the breakout/reversal region. 3124 is intraday breakout level. 3124-3159 short-term breakout/ reversal region. Keep an eye on volume too. ** Do your own analysis before taking any trades.
HERO MOTOCOPR LIMITED - Ascending broadening wedge pattern formation at monthly TF Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient. Disclaimer : All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Heromoto has formed head and shoulder pattern, then taken support at base. Now it is forming ABCD pattern, which might lead it to higher levels 3240 plus to ATH. SL and target levels are placed in Chart.
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Short term treading Idea on Heromotoco pure wedge pattern break out/down. keep patience and trade safely
NSE: HEROMOTOCO Looking Bullish Go For Buy Trade
Note: • Avoid the stock if a big gap down is seen • Enter after breakout happens and not before it • Do not chase the market, i.e. do not get involved late entries • Only enter with stritct stop-loss and target • This is not a recommendation and is for education purpose only • Always follow risk-reward and quantity management for the 100% of the times • The above...
Buy between 3095-3110 with a sl at 3045. For more trading ideas kindly like and follow.
Hero Motocorp have given Bullish Signal for the Upcoming Days.
Price is in a zone in 1Hr Fractal Breakout Play Long @3051 or Short @2974 - Both are Fractal extremes of Nov 26th. So it is the Day High-Low Breakout Entry Strategy. For Long entry, consider taking profit @3097 For Short entry, consider taking profit @2948(TP1) and @2930(TP2)
THIS IS FOR EDUCATIONAL PURPOSES ONLY
If holds above 3037, then 3093, 3145, 3210 can be expected. Regards
Note: This is for educational purpose only. There seems to be a head and shoulders pattern with increase in selling volume. RSI below 50 indicates bearish momentum.