Hero Moto - Breakout on High VolumeRounding Bottom pattern breakout
Volumes looking good
Expect stock to reach 3240 in coming days
Heromotocorp
HEROMOTONote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
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Keep an eye ladies and gentlemen. Cheers and Happy Trading.
► ADVANCE PATTERN #15: HEROMOTOCORP ◄► ADVANCE PATTERN #15 ◄
📌 Levels are mentioned on chart for ❝Swing trading❞. These are original and unique patterns that can achieve their target almost 80-90% times. Here, I have posted one of my favourite 💕 chart patterns.
☆ Please check the description section ⌨ for early entry level in given stock ₪ to get better Risk to Reward (☈☈) ratio.
☆ Kindly like & share ➥ this pattern. Comment ⎚ with what do you think. Follow me @ tradingview for more updates and like the chart ❤!!!
▣ Key Highlights:
➟ Time frame Daily Ⓓ
➟ W pattern ⓦ
➟ Trend line ⍩
➟ Triple Bottom ◡◡◡
➟ Long Term Support ≌
➟ EMA 200 ↝
➟ Unique Confluence Ⓤ
📌 Levels are:
Entry: ▲ 3015
SL: ☢ 2850
Target: ➚ 35585
RR: ☈ 1:3.5
Return: 19%+
Do your own study before Trade!!!
Thank you. Happy Trading!!!
Best Regards,
𝘿𝙧. 𝙎𝙝𝙖𝙢𝙧𝙖𝙟𝙖 𝙉𝙖𝙙𝙖𝙧
𝙋𝙝𝘿 𝙞𝙣 𝙏𝙚𝙘𝙝𝙣𝙤𝙡𝙤𝙜𝙮.
✬ Disclaimer ✬
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All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on evaluating their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
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Right Angled Triangle pattern formation in Hero MotocorpRight Angled Triangle pattern formation is happening in Hero Motocorp stock. The resistance line is at ~2969.
If the breakout happens with good volumes then the stock could rally to 3160 level.
The pattern crossed the projected 1/2 length time period of the pattern so the breakout happening between 1/2 length and 3/4 length, supported by volumes, could be strong.
If breakout happens as per pattern then:
Target ~ 3160
Stoploss ~ 2969
Disclaimer: I am not a SEBI registered investment adviser. The study is purely for educational purpose and is my personal opinion. It is not a direct investment advice.
HEROMOTOCORP AT VERY IMPORTANT LEVELOne can intitate Buy position in HEROMOTOCORP with target of 3000
heromotocorp monthly chart bullish butterflylong for target of 4699 and it is very long term only. stop loss 2735 only
trade at your own risk
heromotocorp do not exit in lossdeep bullish crab pattern on the cards so wait for 3134 levels
invest at your own risk
MARUTI is a pattern BUYEntire auto sector is seeing an UPTICK. TAMO, even after having a negative news is still bullish for the day.
Good pick, for a quick bounce (SHORT TERM) could be MARUTI.
Sl is closing basis
Trade setup is mentioned on chart, active after getting a Breakout closing.
HERO MOTOCORP - TL Breakout | IntradayBuy only if 15 min candle closes above 2940 for targets of 2990, 3005
Heromotoco - Triangle / Trend line breakPrice forming a triangle pattern and also a trend line from the top resisting the price to climb up. One can expect a break in the coming session.
🏍 #heromotocorp #niftyauto #nifty #banknifty 🎯NSE:HEROMOTOCO
one can long this for swing trade with given stop loss.
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
BrokenHero Motors has broken the 200MA with GOOD volumes, not great volumes! One can try shorting it positionally with stoploss of 3100 and target of 2640!
Heromotoco buyHEROMOTOCO is at the channel support on daily TF. Very good risk to reward ratio. 1:3 with 2% risk and 6% target. By Fibonacci retracement of 0.5 level target=3275 stoploss=3045
Heromotocorp Looking BullishHeromotocorp Looking Bullish at CMP 2930-2930 for the target mentioned in the Chart.
Heromotor Corp buyThe script is in buying zone and looks good to accumulate, target 3100 to 3200 for a period of one to 3 months
SHORT Opportunities in HEROMOTO, IOC, KOTAKBANK,VIP, PVRThe key levels to watch out are mentioned in the video. Trade as per the levels mentioned after finding a suitable candle patterns at support and resistance levels.
For the accurate levels, Follow me on trading view and Insert this indicator from library or from my profile under Scripts.
Happy trading.
