HEROMOTOCO trade ideas
heromotocopthis week sustain this level next target 2647 buy at cmp this for educational purpose only
Hero motorcorp looks Bullish Hero motorcorp Bounces back from Demand zone and Fibonacci 0.618 level; going to Supply zone and fibonacci 0.5 level.
Entry can be done above 2445 level; Targets are shown in picture.
SL can be taken 2290 on Daily closing basis.
[Buddha] HEROMOTOCO Inside Bar TradeLong if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
Long if it breaks the high of the previous day with a stop loss at the previous day's low.
Intraday setup heromotoco 8/03/2022See the chart and prepare ur plan thank you.
Always keep more than 1:2 risk reward
And accept loses and don’t take revenge trades
HEROMOTOCO Support With Very Crusial Level In Weekly, Daily,It may help for you that HEROMOTOCO Support in Weekly Daily 1 hour also 15 Min
Look in At the Very Carefully ........Thank You
Hero Moto Corp - Strong Demand/Support Zone - Weekly TimeframeFundamentally a strong stock at a very strong support/demand zone. Can be bought at CMP with long term view.
Hero MotoCorpIn my analysis I have covered the covid fall as we can consider it a extraordinary event.
Eliminating covid fall, we can see a clear head and shoulders pattern forming on a monthly candlestick chart.
The chart looks weak overall
HeromotoCor buy CMP 2800 Target 2940- 3000- 3075- 3200- 3333- 3HeromotoCor buy CMP 2800
Target 2940- 3000- 3075- 3200- 3333- 3500+
SL below 2620
Swing trade holding period 1-2 month
can try 2800 CE
Hero Motocorp Ltd: How Ideal Falling Wedge Breakout Looks likeStock has been in a downtrend and then gradually formed a strong base around 2300 levels with a clear RSI divergence.
Now when stock broke the Falling wedge Upper trendline then it also has retested the BO levels and consolidated for a while in the Zone of 2700-2800.
Now it will be a range BO + Falling wedge BO + String RSI (Above 60)
DISC: Only For educational Purposes.
HeroMotoCo Ready For Upside BreakoutTechnically on the daily charts we see major support on the downside @ 2625 levels, whereas major Trend Line resistance on the upside is capped around 2817 level.
If breaches minor resistance on the upside and closes above it, we may see fresh breakout and Stock can Lead towards higher levels around 2947/3093 and 3502 levels in Short Term .
Next major resistance @ trend line @ 2810/ 2825 level to watch.
Stock has been consolidating for good 20 days and Ready for breakout.
Rsi above 60 to be watched for momemtum on the upside going forward.
Above views For Educational Purpose Only.
Happy Trading
Regards,
MD .
HEROMOTOCO BreakoutHEROMOTOCO has given a breakout after consolidating in a range. The price is also above all famous EMAs.
HEROMOTOCO -- Possible breakout Closed above - 4 weeks close
Daily Volumes are above 30day avg
High momentum
If close above 2800 -- we can see a good move.
Please do your own research - before taking an investmenet decision.
Heromotoco looks good heromoto broke its resistance zone in todays session. Some profit booking came due to the war news but still looks good.
A CONSOLIDATION IN HEROMOTOCORPgreat consolidation is happening in heromotocorp chart in daily timeframe with big body candles and can be a good move either downside or upside.it gives good moves after consolidating .
WHY I TAKEN HEROMOTORS FOR INTRADAY 2700CE ??WHY I TAKEN HEROMOTORS FOR INTRADAY 2700CE date on 15.02.2022 ?????
1.MA200 Support and above CPR Range
2.In 1st 1hour 5mins timeframe top side breakout given
3.Todays high & Previous day high broken
4.After breakout of MA200 & re-trashment Previous day high support also taken.
HeroMoto Head and ShoulderPrice is nicely set up for head and shoulders pattern in heromoto. we can see the dip in volume as head was emerged and rise in volume as next shoulder was forming. A classical textbook example of Head and shoulder pattern coupled with price volume analysis.
P.S. Not a recommendation to trade
HEROMOTO - Time to be hero againHero moto is consolidating in a range with very strong support and good bounce. Its just a matter of days before it'll breakout.
Can be added at CMP.
heromoto it have completed primary 1 and correction of flat in primary we might be looking for start of new wave up
HEROMOTOCORP: Correction aheadAfter rising in an impulsive manner & a thrust after a triangle suggests that stock has completed its impulse move of wave 1. Post this stock is likely to give three wave correction of which we have already seen wave A & B. One should go short on the stock keeping SL of 2817 & look for the target of 2625/2580 in the coming session.
