Hero Motocorp - Good Bet for a swing tradeTechnically bullish - Inverted Head and shoulders pattern breakout;
Expected Target 6% up (3020 Lvl) in 12 days.
Please do your own analysis before investing..!
HEROMOTOCO trade ideas
HEROMOTOCO: Buying Opportunity.Reason to Buy:
1) Support
2) Trendline break with volume confirmation
3) Inverse Head and Shoulder
HEROMOTOCO || H&S ||#HEROMOTOCO
Buy around Rs. 2850 - 2890...
Targets and Stoploss Levels mentioned on Chart :-)
HROMOTOCO break down up sideHello Guys !
We will post our chart analysis based on our own views which can be right or wrong. You can use our chart analysis as a reference.
[ INTRADAY ] HEROMOTOCO LONG BET
risk: Reward ratio is 1: 2
Rest as per Charts
********
Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at all.
=======
I use shorthands for my trades.
“Positional” - means You can carry these positions and I do not see sharp volatility ahead.
“Intraday” -means You must close this position at any cost by the end of the day.
=======
Always follow a stop loss.
In the case of Intraday trades, it is mostly the “Low/High of the Candle”.
In the case of Positional trades, it is mostly the previous swings
********
HEROMOTORCOP BREAKOUT FROM BEARISH CHANNEL PATTERNThere is nice breakout from 3 months bearish channel pattern with proper pull back from support. Buy above 2850 Target 3000 Stop Loss 2749.
inverted Head and shoulder pattern, 🐂 bullish patternInverted head and shoulder pattern consist of two side shoulder pointing downward and one head pointed downward
If it's forming on 1d tf like an indication of big break in coming days
Currently this stock showing same pattern , let's see how this works in reality ,
It's going to be a reality chck for this pattern
Hero moto Corp - Positional Long Stock has been decently corrected price wise and Time wise and Now it is looks like that its Now it has changed the Trend and entered in Bullish mode
Festival Seasons are now starting in India and this will Boost the Demand In Auto Sector.
Technically stock has formed Morning Star on Weekly Chart with Open=Low Candle which is Strong Bullish sign for Price to go Up.
Further, it has given a decent Breakout to a Long Trendline with more than Avg. Volume
Equity Buyer Activate your Buy Mode and Enter in Hero Moto
Buy Levels = 2735-50
SL = 2640
Targets Mentioned on Charts
HERO MOTOCORP LTDHERO MOTOCORP LTD. Bull Trend Started so i am Expected more bullish movement.(Buy =2800) (Stop Loss =2696) (Multible Target= 2856, 2964, 3000, 3085)
Buy HERO MOTOCORP @cmp for target 3000+ in 3 monthsBuy HERO MOTOCORP @cmp for target 3000+ in 3 months
HEROMOTOCOP LOOKS FOR FIREBUY 2845-2851 TARGET 2880 SL 2799
once stock cross the level of 2860 then we achieved our target
buy and hold as per your risk
Long (Daily)Waiting for Inverse Head And Shoulder pattern BO confirmation.
Auto index also Breaking out.
Hero Moto Corp -- Inverted Head and shouldersHeroMotoCorp :
Looks good for inverted Head and shoulders Breakout (not perfect though!)
Stay Long above 2853 with support at 2800
HEROMOTOCORP - Channel BreakOut - BullishThe stock was on a downtrend, moving in a parallel channel. It gave a breakout of the channel, suggesting a reversal trend.
Trade can be taken if the stock sustains over 2800, which is a resistance zone, for targets of 2900 and 3085.
Stop Loss can be maintained at 2740.
Please follow us for more trading setups like these.
If you have any queries/suggestions related to above pattern, feel free to type below in the comment section.
Do show your love by pressing the like if you liked the idea.
BULLISH FLAG PATTERN IN 1D CANDLEThis shows the bullish flag pattern breakout and will take support from the trend line and reach the upcoming targets. only for study purpose
Buy Hero Motor above 2800 for positional/ Swing trade.Buy Hero Motor above 2800 for positional/ Swing trade.
#BottomingOut#HeroMoto looks like bottoming out on daily scale.
1. After a shakeout below 2740 stock gave PV Breakout.
2. Pullback to the breakout level of 2750 levels
3. RSIStairs broke out above 55 level and sustaining.
4. Stock brokeout above 20 DEMA and near 50 DEMA
5. 10/20 DEMA bullish crossover on daily scale.
6. TrendRider turned bullish with buy signal
Good to buy above 50 DEMA 2804. Add more on dips for a target of 2865/2910.
BUY at current levelindustry trend-
nifty auto is showing signs of reversal
auto sales season is upcoming
stock trend-
Downtrend seems over. supertrend has given buy signal
price action suggest bounce from bottom of channel
MACD is crossed
HEROMOTOCO .... BOUNCE from SUPPORT LINE.. <TREND REVERSAL>HEROMOTOCO is likely to take a BOUNCE from support line @ 2700 lvls as suggested by a bullish candle and past behavior on the chart
TRADE
BUY @ 2700
TARGET 1: 2800
TARGET 2: 2875
STOPLOSS: 2590
HeroMoto - Swing OpportunityHeroMoto
looking good after RSI divergence followed by a trendline break.
Can give a 5/9% good upside move in coming days / weeks.
SL deep 4% below CMP
