Hero launched some models in Turkey, and appreciated 8 percent in stock spot price. However, hero motor export figures are next to nothing. Just about 20000 units. Move is disproportionate, sell CE (call option) of 2700s toward 2585(200DMA level), and then 2500. Hero has tried to find solace at 200 DMA, in recent times. Hero stock price is expensive, given...
Hero Moto Corp is nearing a long term resistance near 2800 level. The stock is forming Cup and Handle pattern on a daily chart. The stock is trading with strong momentum due to sectoral momentum and is outperforming benchmark index. The stock if broke out of this level can see some upside till 2950 levels.
1d timeframe 2 trendline breakout also break 0.618 fibbo level
In total, LIC holds about 11 percent equity in Hero motor, that is correct (up from the earlier 9% approx.) However, this holding increase took place over a period of one-and-a-half years (Jan 2021, to June 2022), and not right now as news reports seem to suggest. This (actual) time frame of 1.5 years over which LIC increased their hero holding is courtesy of...
Hero is an intraday sell to 2400, given further fall in global indices/nifty below 16000.
Hero Motocorp on a weekly time frame is taking support from its 20 ema. The stock had closed between the two moving averages. For last 3 trading session the stock is trading in a narrow range and the moving averages on daily time frame has coincided. The levels for the stocks are marked on the chart itself. On smaller time frame, the price range is narrowing...
Goldman Sachs (GS) is underweight on Hero motor, with a target price of 2080 rupees. Given this global selling environment, intraday target (Monday) for Hero motor is 2500, and heading toward 2400. Hero might very well open at 2500 (which is a nice round number)—in which case, wait till it goes to 2600 spot price, before taking bearish position (if you want to...
Hero motor is forming dark cloud cover in the short term (intraday) and has lot of downside in the weekly time frame. Hero at CMP of 2650 has a lot of downside, given the steel excise-duty (news driven) rally after it's poor quarterly results. Both their topline and bottom line were hit. People are not buying hero motor bike; 24% decline in sales. Net profits...
📈 Hero Moto 📉 My Findings :- 1. Breakout from a swing high and Resistance Zone. 2. Close above March high. 3. Higher High and Higher Low formation. 4. Auto Sector is in Uptrend. Bias- Long Target- 2646, 2792, 2933 and 3057 SL- 2242 RR- 1: 2 All Important Supports and Resistances are drawn in chart. All levels are of Spot and on closing basis. Disclaimer :...
Intraday selling at nifty open, tomorrow. For long term picture, refer to older post. Monthly results are out . Similar to Bajaj Auto, entire two-wheeler segment is hurt. Hero is no different. Semiconductor supply issues in two-wheeler segment. Sourcing semiconductors during shortage will reduce margins as well. We see decline in exports in Hero (as well as...
Hero motors seen in monthly time frame shows head-and-shoulders pattern with head on top Keeping all viewpoints in mind, Hero motor has upside till 3000/- (given optimistic picture of the economy), which is 200 rupees from here—and downside till 2000/- which is 800 rupees from here, given reducing margins and decline in quarterly sales (24% decline, as seen over...
NSE:HEROMOTOCO Observations: 1) On 1day time frame, we can see it is near critical breakout level of 2600. If it trades above it then we can aim for the resistance trendline as our target for positional buy trade and if it rejects from here then we can plan as per sell trade but not positional. Please refer below chart : 1day time frame. 2) On 15min...
Hero MotoCorp Ltd - 04.04.2022 The stock is trading @ 2452 levels The prices are near EMA Let the prices go above 2484 after a re-test of 2380 levels Watch out for the price action
Hero Moto Megaphone Detected Buy At Cmp 2927.8 Best Buy - 2765-2865 SL - 2599 (Weekly Closing Basis) Target - 4050
Swing trade, Breakout stock, Banknifty Intraday Outlook also posted here. Disclaimer - Trades are only for Learning. StopLoss is only in our hand. So, Always use it. StopLoss hit exit. Again you will got fresh trade.
Vnakkam Makkale expecting 20% return in the short term. As i always say whatever we do must follow risk reward and money management.
Hero CMP 2251 Looking at the price structure , Orange zone is Major demand zone and green zone is minor... Expecting price to reverse from minor demand zone If price reverses , Black line would be my sl and blue line as my possible targets.. Chart is for study purpose only!!!
19/4 educational purpose only sell at around 2300 / 2315 (20ma/hourly is at 2312.45) sl above 2350 (50ma/hourly is at 2336) targets around 2150 and lower if this support is broken (the pattern is a bearish ascending triangle with support zone between 2151 & 2154.80 so we may witness a big fall if this zone is breached on the downside) *trend on daily chart is...