HERO MOTOCORP LTD BSE:​HEROMOTOCO

HEROMOTOCOP broke the support and trading in consolidation phase,We can see good selling after consolidation.

If it follows corrective pattern and breakout of red line, likely to rally to top..

Buy above 3784 1st Target for Buy 4063 2nd Target for Buy 4339 Sell Below 3450 1st Target for sell 3216 2nd Target for sell 2944 SL for buy @ 3450 SL For sell @ 3784

On weekly charts Heromotor corp has bounced from the trendline support and each of those bounces have resulted in price movement of Rs 1350. Projecting a similar rally from current levels Heromotorcorp might be heading towards 4900 in Weeks to come. It is a long term positional Buy and target might get achieved by March 2018.

It is been observed that some stocks mentioned below having great breakouts from pattern formation on daily chart indicating a high potential returns opportunity in the coming week. Buyers are in control and will take up prices quickly from here on. Bharti Airtel: Target-380, 400 SL- 350 BEL: Target -1700 SL 1500 Yes Bank: T1- 1550 SL- 1440 HERO: T1- 3450 SL- ...

Wanted to open this one up for discussion. Ive been monitoring this company for a while. A lot of people say go long but the technicals dont reflect what I would feel is a fair response to their reported numbers (summary is they beat market expectations). I think I will start monitoring the market depth more closely the next few days and accumulate positions in ...

Again, I am new to this so I am just doing the basics. Have a look at my comments and share your thoughts.

It is been observed that the price action forming a bullish ABCD pattern, indicating further move up. It has retraced to 23.6% levels and now it shall further move up to 38.2% levels. Target: 3482 Stoploss: 3375

GO LONG ON HEROMOTOCORP.....D POINT FORMED AT 3365.....TARGET 1 -3445....TARGET 2-3473

Looks like Hero MotoCorp is undergoing an A-B-C correction, Where Corrective A and B is over and now 3rd wave of C is underprogress