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

HERO MOTOCORP LTD.

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HEROMOTOCO trade ideas

Hero Motor Corp - Bearish Trend - Descending Triangle - ShortHi Guys, Welcome to Thenali Views !!!! We are hear analysis the Chart of Hero Motor Corp Ltd!!! Trend was in the Bearish . EMA 20, EMA 100 and EMA200 shows the weakness. The script has evidence the Bearish Harami Continuous Candle Stick Pattern at Support and It's clearly breaks the strong support. Now the script was formed in the Descending Triangle Pattern and Breakout has happened. Once the script retest area of Previous support which turn to be resistance now. Go short at the Resistance level at 2846.70 (Closes below in daily time frame in retest) Target - 2510 SL - 2868.50 ( Closes Above in Daily time frame). Option: Buy 2800 PE on the script reaches the resistance level of 2846.70 Sell 2950 PE or Sell 3000 CE and Buy 3100 CE ( Hedging Purpose). Disclaimer: Kindly do your own analysis or consult your financial advisor before executing the trade. I am not SEBI Registered Analyst. This analysis is for Educational Purpose.
NSE:HEROMOTOCOShort
by Caapinves
SIMPLE INTRADAY SETUP FOR SAFE TRADE | HEROMOTOR | 30-07-2021NSE:HEROMOTOCO It is on critical range 2040-2050. I have given levels and target for safe trade. Otherwise you can use either of these levels to take trade on either side considering how price action is working in particular day near those levels. Do comment if you have any doubt/suggestion. I have mentioned 10 points targets only to keep the trade safe and simple. You can keep on booking partial profit at those level and book remaining at the next level if it reach there.
NSE:HEROMOTOCO
by Trading_hawk
6