HEROMOTO - 1st June 2022Stock hitting Medium Term Resistance Area of 3000-2750.
Possible Reversal from here, if levels hold.
HEROMOTOCO trade ideas
Hero motor: Upside vs DownsideHero 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 last quarter).
Risk to reward ratio is 200:800 rupees (1:4)
Morgan Stanley and Goldman Sachs are underweight on Hero motor, with similar targets.
The 110cc bike sector is under more stress than premium-end automobiles, since inflation hits the common man more.
Hero Motocop Ichimoku Bullish Breakout Stock Name - Hero Motocop. As per the ichimoiku rule, today's close is above the Conversion Line and future kumo
is super bullish and chikou span is slanting upwards. All these parameters are showing bullishness at CMP.
And it can touch 2880. More strenght if sustabin above 2900. Worth to keep in watch list for coming days.
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Rule Based Investing
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis. Please do share your thoughts into comment section of Trading View.
Please give a like, it motivates me to do analysis and do share our channel with your friends as well.
HEROMOTOCO Long !NSE:HEROMOTOCO
One can Go long in HEROMOTOCO, SL to be below candle Low, Will have some restiance on the way up.
But overall looks good as Auto index is also looking good !
Buy Today, Sell Tomorrow: HEROMOTOCODON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Book profits within the first 30 minutes of the market opening
- Try to exit by taking 3-5% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
- SL can also be maintained as 1% or closing below the low of the breakout candle
The levels mentioned on the chart are calculated using the BREAKOUT INDICATOR
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Channel Breakout in HEROMOTOCO
Buy Today, Sell Tomorrow: HEROMOTOCO
Hero Moto buy CMP 2270 Target 2350- 2375- 2445- 2520- 2623- 272Hero Moto buy CMP 2270
Target 2350- 2375- 2445- 2520- 2623- 2720- 2800-2900+
SL below 2140
HEROMOTOCO | Reversal inside the channel - Looks potential 15%HEROMOTOCO | Reversal inside the channel - Looks potential for 15%
CMP : 2366
SL : 2220
Target : 2740
1:3 risk reward setup
Breakout seen in heromotorcorp. Breakout has been seen. min target is 2% and max 5%. since market is bearish, we cant expect more target. pls check it.
Simple Trade Setup | HEROMOTOCO | 23-05-2022 [INTRADAY]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 Time Frame, we can see a rounding bottom pattern.
Please refer below chart : 15min time frame.
Also on same time frame we can see a support channel.
Please refer below chart : 15min time frame.
-------------------------------------
Trade Setup for 23-05-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Hero Motor Ichimoku Bullish Breakout Stock Name - Hero Moto. As per the ichimoiku rule, today's close is above the Conversion Line and future kumo
is super bullish and chikou span is slanting upwards. All these parameters are showing bullishness.
More strength will be visible once it will sustain above 2635. Worth to keep in watch list for coming days.
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Rule Based Investing
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis. Please do share your thoughts into comment section of Trading View.
Please give a like, it motivates me to do analysis and do share our channel with your friends as well.
Hero MotoCorp Ltd - 04.04.2022Hero 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
Long #HeroMoto , SL - 2266Swing trading, Trade idea is only for Educational Purpose, Pls do your own research before taking any trade.
Hero Moto Megaphone DetectedHero Moto
Megaphone Detected
Buy At Cmp 2927.8
Best Buy - 2765-2865
SL - 2599 (Weekly Closing Basis)
Target - 4050
HeromotorSwing 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.
HeroMoto Corp is looking good for long position.HeroMoto Corp is looking good for long position. Having good pattern and read for breakout.
CMP is 2404 target 2447, 2666, sl 2334 Positional .
#Heromotoco cash : Looks good around 2350-2375#Heromotoco cash -Positional call
26 April 2022
Looks good around 2350-2380
stoploss 2280
Target 2580-2640
Cmp 2407.25
HEROMOTOCORP... BUY THE AUTO SECTORBeautiful triangle breakout.
Expecting 400 rupees move by one month.
HEROMOTOCORP BULLISHVnakkam Makkale expecting 20% return in the short term.
As i always say whatever we do must follow risk reward and money management.
HeroMotorCopHero 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!!!
HEROMOTONSE:HEROMOTOCO
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