Heromotocorp
HEROMOTOCO BULL SIDETHIS IS FOR STUDY PURPOSE.
HERE YOU CAN SEE A VERY ATTRACTIVE PATTERN WHICH IS CALLED BULLISH FLAG PATTERN. NSE:HEROMOTOCO
long hero motor corp..in diagonal pattern...should buy after reverse slope cross over..with sl of 1760..tgt 2100..only educational basis
Hero Motors - Potential Pull Back As observed on the chart, the price action reached to monthly level support zone, stayed and made a double bottom followed by bullish divergence, indicating a strong pullback from current levels.
As per my analysis, it may move up to the following targets
T1- 2000 (1:2)
T2-2200 (1:4)
SL- 1500
Kindly do your due diligence before taking any action.
Thanks
HERO SHORT SIDEINVERTED CUP AND HANDLE pattern is seen in weekly. may able to see more down. last hope for bull is 2364. or may see 1900 in 2020.
Hero is soon be at new highOnce the Hero crosses the level of 2470.
It is ready to make a new high of 2530 & 2570 levels. With an SL of 2417.
HERO MOTOCORPIt has made a Bullish Cypher in hourly time frame. A bounce back to 2425 is possible provided it does not go below 2325
HERO MOTOCORPIt is making a Bullish reciprocal AB=CD in daily time frame. It could bounce back to 2475/2500 provided it does not go below 2325
HEROMOTOCORP WEEKLY ANALYSIS2631 IS THE MAX TARGET IT CAN ACHIEVE LET THE GREEN AREA BE BREACHED ON CLOSING BASIS IN 1 DAY CANDLE IF THIS AREA WORKS AS RESISTANCE STOCK MAY FALL TO LOWER LINE
Hero MotoCorp - Wait for a pullbackA green hammer has formed at the monthly support. Overall, a heavy downtrend is seen.
In the weekly, the Price turned sideways from a downtrend from April. There is a stiff resistance at 2750. Nothing is so bullish from the RSI.
In the Daily, price has broken the Trend Line but without good momentum.
For an entry long, I want to see good price action after a pullback to 2400 levels or 2350 levels in the 75 min time frame. As of now, I will not take a long entry.
