HemoMoto showing signs of trend reversalA strong downtrend looks like has come to an end
1. Trendline breakout
2. Good volumes
3. Sector showing strength
4. RSI showing strength
HEROMOTOCO trade ideas
hero moto started its uptrend can buy in dips after a long down trend hero moto corp break supply zone and trend line break out ..can buy this stocks around 2550 to 2600
Hanging man and 3 white soldiersLongs can be considered at cmp with SL 2480 on daily CB, for initial target of 2780 and 2900+ in short to medium term.
Kindly do your analysis before initiating trade.
Hero' motorHero' motor
Above 2555
Target 2644,2687,2750
Stop loss 2500 below closing day chart then closing position
Swing tradeW pattern breakout... One can go long upto trgt of 5%, 7%or 10% with a stop loss of 3% on daily basis..
Note :- Education purpose only...!!!
Hero Moto Long Divergence in Price and RSI shows short covering and upside movement going forward in Jan Expiry
Buy above 2415 15min bar close
SL close 15min bar below 2310
HERO MOTOCORP LTDBuying zone 2258 to 2270 Or Buy - wait for Retesting on Trend line
Stop lose - 2210
Target- 3360
Next target nearall time high
HEROMOTOCRP>SHULD YOU INVEST NOW??HEROMOTOCRP NSE:HEROMOTOCO need no introduction >fundamentally strong and technically at very crucial levels and at major confluence!
INVEST NOW ??WHY?
1. currently its at major confluence (at intersection of two trendlines )
2.if goes below s1 >IGNORE IT but if forms bullish candle with an increase in RSI in daily chart +with rise in volumes then go long makes target t1 and t2 accordingly.
HAPPY TRADING
Heromotoco 1W TFHEROMOTOCO is currently at a crucial level and ready to start it's upmove. With Good R:R , it is goood to enter at the current price.
CMP :- 2462
Target :- 3630
SL :- 2300
R:R :- 1:7
Also start trailing once it crosses 2600 and if it faces issues in braking 27-2800 level, you can book your profits else keep it running.
Disclaimer :- This is just my view. Please analyse charts yourself and then decide to initiate trades.
SIP between CMP to 2313 SL 2210 TGT 2632 and 2950Suggestions are based on my analysis only. Please do your analysis before taking any trade.
hero will be soon super hero 190 sl sip in the dip hero is been letting in 3 wave chart is in log scale 1950 sl longer tf view
Sell below 2333 SL 2356 TGT 2296 and 2272Suggestions are based on my analysis only. Please do your analysis before taking any trade.
Hero MotoCorp 2x-3x potential in long termStock is in wave 2 zig zag correction and dropping towards 0.618 Fibonacci.
Good to add in range 2500-2200 with Stop Loss 1980 for long term for 2x-3x returns
DISCLAIMER:
There is no guarantee of profits or no exceptions from losses.
The stock and its levels discussed are solely the personal views of my research.
You are advised to rely on your judgement while investing/Trading decisions.
Seek help of your financial advisor before investing/trading.
Investment Warnings:
We would like to draw your attention to the following important investment warnings.
-Investment is subject to market risks.
-The value of shares and investments and the income derived from them can go down as well as up.
-Investors may not get back the amount they invested - losing one's shirt is a real risk.
-Past performance is not a guide to future performance.
-I may or may not trade this analysis
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HERO MOTOR CORP important levels for long term investmentHERO MOTOR CORP important levels for long term investment
Where will Hero Motocorp head to ?Where will Hero Motocorp head to ?
Reasons/Traits :
• Bullish Bat Harmonic Pattern formation is seen
• RSI/MACD are ready for up move, yet to confirm
• Price is way below 13,50 and 200 EMA
• Recent swing low matched with earlier lower low (important level for support)
What can happen next :
Scenario 1 : Price can move up to complete bullish bat harmonic pattern (2700/2750/2781/2830/2875/2900/2950)
Scenario 2 : Price below 2635 can go down to 2580/ 2530/2475
Disclaimer : This analysis is only for educational purpose and not be considered as any trading idea/tip. Please consult your financial advisor before you take any trade and we are no way responsible for your profits/losses. Thank you!
HEROMOTOCO : RSI Divergence ViewHeromotors: Multiple times RSI divergence helps to reverse the trend. Is the same can repeat ?
