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 .
HEROMOTOCO trade ideas
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.
Hero MotoCorp Sell Book profit in Hero Motocorp because bearish
harami canddle pattern is create in this stock
he is represent is bearish move is start for 2-3 day.
Heromoto ready to give moveHeromoto has made inverted H&S. Also Hero is working towards E vehicle segment looking at it it seems it should give a rally very soon.
HERO MOTOCORP SHORTHero motor corp looks pretty bearish to me considering even considering it breaking the trendline because it has been in a consolidation phase for a few days since breaking the trendline and the current price at which it is trading at it faces a lot of resistance there and also considering the macro econmic variables the market as a whole looks pretty bearish so there is no point in going long in hero as RSI also indicated a supply zone. Wait for some time a take a sell trade for a 10- 15% return.
Heromotoco has made Head and Shoulders pattern This stock has underperformed in the entire 2021 Year, stock can give good returns if gives breakout from the neckline, also the results are on calendar road, so let's see!
HEROMOTO LOOKS STRONGLY BULLISH#HEROMOTOCO
CMP: 2800
TGT: 2835, 2890, 2950, 3030, 3130
SL: 2668
Risk Reward (RR): 1:2.4
Potential Returns : 12%
Potential Loss: 5%
Time Frame: 2-3 Weeks
HEROMOTOCO expanding channel The chart shows everything you need to know. It first broke out of the inside expanding channel pattern and now it gave a break out from a tight consolidation range with great volume expansion.
HEROMOTOCONote:
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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3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
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Keep an eye ladies and gentlemen. Cheers and Happy Trading
Inverted Head & Shoulder in Hero Motor CorpA probable Inv H&S pattern can be seen on the Daily Chart of Hero Motor Corp
Breakout is still awaited.
One can look to Buy only upon a valid breakout above the Trendline.
HERO MOTOCORPAll detail for chat. good entry at 2800 above and sustain in day candle. and must stoploss is 2640 minimum risk and good profit. risk ratio 1:1 in first target. This is not call my idea only. Please understand your risk and take full responsibility of your actions
Hero MotoCorpHero MotoCorp is trading above prev swing high. Lower high and lower low structure has broken. Good opportunity for swing trade.
Hero Moto Cmp 2782 dated 25.1.2022Hero Moto Cmp 2782 dated 25.1.2022
1. Ascending Triangle Pattern BO 2800
Buy for a tgt of 2850-2875-2950-3015-3075 SL 2650
Positional Tgt 3300
It is just a view, pls trade at your own risk.
Hero Moto Corp Breakout from Higher HighsWAIT FOR THE PROPER BREAKOUT OF Hero Srock -- Current Stage it is in Overly Bought Stage and wait for the breakout and enter the trade
HEROMOTOCO LONG Channel BreakoutChart is self explanatory. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations.
Heromotocop has making box pattern Daily timeHeromotocop has farming darvas box pattern on daily time frame . Giving breakout above 2780 leads to further breakout levels , also volume increaing NSE:HEROMOTOCO
