HEROMOTOCO trade ideas
Hero MotoCorp - Change is in CardNSE:HEROMOTOCO Chart indicates a possible pullback.
- In supply/resistance zone with RSI divergence & Bearish engulfing candle in daily chart.
HEROMOTOCORP LONG IDEAYOU CAN SEE PRICE ACTION HERE IT IS MAKING HAMMER AND IS SIGN OF REVERSAL BUT BUY ONLY WHERE I HAVE SHOWN AND TARGET IS MARKED ALSO IT IS IN A CHANNEL SO CANNOT STAY OUT OF CHANNEL FOR LONG
#HEROMOTOCO DAILY CHART VIEW!!#HEROMOTOCO DAILY CHART VIEW!!
RSI steady above 50
It broke out of triangle and then pulled back to edge post rally.
If stock stays above 3080 , it may move towards 2018 December swing high of 3380.
[Buddha] HEROMOTOCO Inside Bar TradeLong if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
HEROMOTOCO WEEKLY CHART VIEW!!#HEROMOTOCO WEEKLY CHART VIEW!!
Hero MotoCorp Ltd. is trading above previous week close.
Technical indicators are bullish.
Near by resistance is 3430. If price closes above 3430 level, the next resistance is 3700 and support is 3000 on weekly chart.
HEROMOTOCO BUYHeromotoco is showing good uptrend. You can buy it with targets of 3400/3600/3800.
Please maintain proper money management rules, RR ratio and strict stoploss.
This idea is for educational purpose only. Kindly trade only after consulting your financial advisor.
Please support the idea by hitting 'Like' button. You can donate coins too.
HEROMOTOCO | Parallel Channel | Daily Analysis |Heromotoco has formed bullish parallel channel possibly will go up as shown in arrow
LIKE and FOLLOW
HEROMOTOCO SHORTI hope you can now see how Heromotoco represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Thank You
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
Hero Motor on a Symmetric Break !!Price breaks from a symmetric triangle already from 2900 levels and reached 3200. Now it is forming another perfect symmetric triangle and one should have entered at 2900 (previous breakout level) support level if not wait for the breakout and enter for big targets.
Intraday (25-9-2020) - HEROMOTOCOintraday levels for 25-9-2020. Bias is for sell. Buy will only be taken on strong signs.
Shorting opportunity in heromotoco.
****Disclaimer****
Trade with risk management but don't get afraid of taking risks because the winner is who BETS as well as never gets out of CHIPS...!!
Intraday Trading Strategy using 200MA and 8MA. (HEROMOTOCO)Strategy explained in detail on the chart.
NSE:HEROMOTOCOIn Supply/Resistance Zone
Keep n eye.. Fresh upmove only if it sustains above the zone.
Trend is bullish..
HEROMOTOCO is Running in SR Zone (Strong Breakout Trade)Hero MotoCorp Limited : Automaker Company ( NSE:HEROMOTOCO ) is Making SR Zone Pattern (PATTERN BREAKOUT TRADE).
This can become a very good trade for INTRADAY traders.
Target + StopLoss: There is no target here. You keep the first target as much as the StopLoss you put. And the StopLoss will be the Low/High of the candle that broke this pattern. Or Low/High swing backward inside the pattern.
And as soon as you get a profit of 0.50% of your target, you will trail your StopLoss and bring it to the entry point. And as soon as your first target is hit, you will release half of your total quantity and continue to trail your StopLoss above the last swing Low/High.
Target and StopLoss are never already fixed in the chart pattern.
Thank you.
You always have to trade only by money management, position sizing, StopLoss trailing. This is the way to stay in profit.
Chart Published By Ravinder Sharma
CHART PATTERN IN DOW NIFTY BANKNIFTY TVS HEROMOTO KOTAK HDFCBK
DISCLAIMER : I AM NOT A SEBI RESITERED ADVISOR SO TRADE ON YOUR RISK
BUT I HAVE GOOD EXPERIENCE IN STOCK MATKET FROM LAST 17 YEAR SO I AM JUST SHARING MY EXPERIENCE WITH YOU ALL
INVESTMENT IN STOCK MARKET IS SUBJECT TO MARKET RISK
