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HERO MOTOCORP LTD.HERO MOTOCORP LTD.HERO MOTOCORP LTD.

HERO MOTOCORP LTD.

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HEROMOTOCO trade ideas

HEROMOTOCORP All Set To Take Off TARGETS 3300+--> Market Analysis: Bulish --> Sector Analysis : Neutral To Bullish --> Stock Analysis : On The Chart Heromotocorp Is Forming A Good Inverted Head And Shoulder Pattern And Has Retested It Multiple Times With A Retest From The 0.382 Fibonacci Ratio Once It Crosses 200 Ema It Will Be Bullish For The Targets Of 3300+ Keep Stoploss If It Breaks 0.618 Fibonacci Ratio If You Liked My Content Consider Hitting The Like Button And Also Follow This Account To Get More Such Content Regularly Happy Trading :)
NSE:HEROMOTOCOLong
by keshevdugar
2
Hero Motor Corp - Inverted Flag Pattern - ShortHi Friends, Pranam!!! We are going to analysis the techincal part of Hero Motor Corp!! Weekly TF: In weekly TF the script was breaked the previous Market Structure of Uptrend and formed a Lower High and Lower Lows The script was in support at 2724-2800 and weekly resistance will be 3154-3216 Daily TF: In Daily TF the script was in the downtrend and EMA200 was Flat, Which denotes trend either can turn bullish or continue to be the bearish. The dynamic support was around 2823-2850 and the script was holding in the dynamic support range. MACD of daily was exhausting and weekly its was Flat in the volaitility. In 2hr TF the MACD was in bearish. Stochastic RSI of Daily and Weekly was in Overbought range which support the current downtrend In 2hr TF the stochastic was in the oversold range. In Daily TF the CPR was currently in the narrow and script was braked above the CPR and was retraced to the R1 of the CPR CPR was currently in bearish bias In daily TF the candlestick pattern near in the resistance evidence as evening star which is bearish in nature. In the script was in the downside and inverted Flag pattern was also evidence in the script ATR Volatility in Daily TF was Flat, in Weekly TF down and in 2HR tf it was in the Average. Based on the above, we conclude that the script of Heromotocorp was in the bearish. Entry: In Lower TF of 2hr the script was evidencing in the bear Flag Pattern which consitute in line with the trend. Enty: Breakout with Bearish Confirmation along with StochRSI reaches and retrace to below 80 or For Risk traders Sell now or at top of the Channel Pattern(drawn in blue) SL - 2895 - 1ATR of Daily ATR ( if near Channel TOP) or SL - After Breakout is Previous candle High - 1ATR. If you like our analysis press the thumbup and support us.
NSE:HEROMOTOCOShort
by Caapinves
Stock Analysis of Hero MotoCorpPrice - 2847.20 Dt. - 22.09.2021 The stock was underperforming for the last few months and the stock is ready to resume the uptrend. Golden crossover is possible on the daily charts as well as weekly charts. RSI is above 50 and the auto sector has started showing the trend. Hero MotoCorp looks good for the short term. According to the company, they have more inventories than their peers and as Diwali is near the corner, it will help them to sell more 2W than competitors. If stock is above 2860 with good volume then it will be a buy signal.
NSE:HEROMOTOCOLong
by mr-sky
“Inverse Head and Shoulder” pattern• On the daily chart, the stock has witnessed a breakout from “Inverse Head and Shoulder” pattern around 2850 levels indicating trend reversal • The stock is well placed above its 20 day SMA’s which reconfirm bullish sentiments • Huge volumes at breakout zone signals 20 September, 2021 *Holding period is 3 to 4 weeks. increased participation • The stock is in up trend forming a series of higher tops and bottoms • The daily and weekly strength indicator RSI is in bullish mode which supports rising strength as well as momentum. • The above analysis indicate an upside of 3040-3130 levels
NSE:HEROMOTOCOLong
by tusharvispute1