HEROMOTOCO trade ideas
#Heromotoco cash : Looks good above 3400.10#Heromotoco cash
01.03.2021
looks good above 3400.10
stoploss 3370
Target 3424/3448
Cmp 3350.20
Hero motor selling modeHero motor rising wedge pattern breakout and it shows very beaish mode,
and the target as mentioned as a green line
NSE:HEROMOTOCO Analysis 08 Jan 2021Symetrical Traingle Suggesting Trend continuation.
Volume Contracting.
Will Hero shineRejection candle (Pin Bar) at:-
Trendline Support
Kijun Support
Hidden Bullish Divergence
HEROMOTOCO in pullback retesting the breakout zone.Heromotoco retesting the breakout, previous resistance now turned into support and forming a bullish harami candle will punch an order at 3433
Weekly Wrap Heromotocorp 22nd Feb 2021Trend is Down - Sell on rise on daily basis ( check video for levels )
Buy on dip ( for monthly basis ) ( check video for levels )
For education purpose only
HERO MOTOCORP#GOOD_TO_KNOW
#HERO MOTOCORP CMP 3389+
MAY CONSOLIDATE A LITTLE BIT MORE
SUPPORT @ 3240-3032
PRICE MOMENTUM
3240-3284-3336-3364-3390-3480-3540-3600
CHART FOR STUDY PURPOSE
STAY CONNECTED
@TEJGYAN
Setup for HeroMotoCorp.Key Levels are mentioned on the chart:
- 3450 is a major resistance; there is a high probability that the stock might start falling after retesting it.
- One can also short it if it gives a breakdown below the TL; and can achieve a target of 3300.
Overall, i am Bearish on HeroMotoCorp.
Note: Don’t just enter into the trade blindly let the levels come first, then see the price action formed at that level and trade accordingly.
Heromotoco - BullishHeromotoco is looking good for Buy Side. Note down the levels marked on the chart and Trade accordingly.
BuyBuy abv 3486 sl 3400 on daily closing basis or 3365 on 15 min closing basis for target of 3800+ . Volume has dropped in last 3 candles and spread has become narrower.20 DEMA should act as support. All the price action is happening within the large bullish candle which is a king of consolidation before start of next upmove.
If you like content then please hit like button to motivate me for the nex publication.
Disc : it's not an investment advice to buy or sell
