Sell Below 2540 Stoploss 2570 Target 2490-2450 Or Sell near 2580 Stoploss 2610 Target 2500-2450 Reasons for trade- 1.Price in near to channel resistance 2.Price formed bearish candlstick pattern on daily chart 3.Multiple time support touched at 2540 levels 4.Risk Reward 1:2
Sell below 2450 Tragte 2496 Stoploss 2580 Reasons For trade-1.Price has formed strong bearish candlstick pattern on daily chart 2.2450 important support on 4 hour chart and tested multiple times 3.Risk Reward 1:1.5
Hero motor monthly chart signals buy setup
As shown on a Monthly time frame NSE:HEROMOTOCO , the stock is both at strong bullish reversal and at resistance. With muted Q2 2018 results, the stock might dip towards 50% retracement of the last candle, which should be accumulated with given stop loss for a R:R of 2+
Long Trade. Target - 2480 / 2500 / 2525
NIFTYAUTO index has been on a downtrend traversing through key supports. Now 7000 seems to be the support of last resort for the index. (Disclaimer: Our charts and contents are just for the purpose of analysis, learning and general discussion. Do not consider these as trading tips or investment ideas. Trading in Stocks, Futures and Options carry risk and is not...
HEROMOTOCO (Hero Motocorp Ltd) BUY ABOVE 2460
Hero Motocorp Short at CMP for T1 2472 T2 2282
Follow Chart Instruction. Can Try June Expiry Call Option. Time Frame Before June
this stock can be bought in downward correction refer chart for details strong support ahead
As per the Auto Index chart, it is consolidating in a downward diagonal channel, but there are companies in auto sector, (industrywise) which may outperform due to their strong fundamentals. In Automobile Sector - Leading Companies Industrywise 1. AshokLeyland (Commercial Vehicle) 2. Jamna Auto/Automotive Axles (Auto Ancillaries) 3. VSTTractors/ Escorts ...
Hero MotoCorp has been in down trend for the last couple of years. It has been consolidating at a strong support zone forming a wedge over the last 4 months. The wedge is now broken. It is certainly worth confirming the breakout is sustainable and then join the LONG ride!
If it breaks the lower support & Sustain, possible targets are mentioned in the charts.. And ADX is in strong selling mode. If everything goes well as per our prediction, will get 100+points.. All the Best.. Have a Profitable Trade.. Thanks, Chandru
Buy Hero Honda at cmp 2501 stop loss 2450 TGT 1 - 2590 , TGT 2 - 2700
Hero Moto is standing at trend line support of 2450-2460. It has still not come out of downward momentum but 2460-2470 can be used to initiate a risky buy position with stop loss 2410 for 2700. Overall 1st sign of reversal will be seen only above 2595 and 2nd above 2760. If it doesn't come to 2460 and before that move past 2595 then buy with stop loss of 2540...
Buy Heromotoco on dips with SL of 2500 and targets of 2725-2750.