Hero Motocorp longprevious close - 3413
target is 3550
potential long is 4%
pick this for stock for 4 days.
HEROMOTOCO trade ideas
HERO LOOKS GOODHello friends, Hero motors giving a breakout on the falling trendline resistance of a symmetrical triangle as you can see before this breakout price gives a breakout on horizontal resistance and retest that breakout too so we can consider to go long in it for the target of 3500 with taking a stop loss of 2750 below on horizontal resistance on weekly closing basis.
Apart of price action i checked this breakout on some indicators sharing below.
EMA
Price is trading above all moving averages likewise 20,50,100,200 Ema.
RSI INDICATOR.
rsi also retested now moving up
MACD ALSO GOING FOR MORE POSITIVE.
SUPERTREND ALSO POSITIVE.
TARGET.
NOTE- Only for Education Purpose.
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BUY HEROMOTO@3110 FOR POSITIONAL Sl@2994 Tgt@3488
Reason For Buy : crossed sma, cross over macd & closed abv trendline
Hero motocorp 3560 next Target 300 points profit running trail SOn Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Heromotocrop sell sideTomorrow Morning itself it will break the support. See the live candle then take trade
Hero Moto - Sell
Please refer to my earlier discussion on the stock where I recommended sell. Drawn is a red Horizontal Line. Definite sell below this line. Get rid of the stock asap. It will gradually come down now.
Disclaimer: I am not a SEBI Registered Analyst. This is only for educational purposes.
HEROMOTOCO - Weekly AnalysisIn the Weekly Chart of HEROMOTOCO ,
we can see that, it has given a strong breakout of Cup & Handle Trendline.
Let it retest near the 3200 level.
Expected momentum is shown in chart.
Breakout in weekly pattern stock has given breakout from pattern which was forming last six years (from 2017 ) I am expecting the stock will move another 15-20% in 2 weeks
HERO MOTOCORP LIMITED Hero motocorp break resistance with day candle. if sustain above this rally go to 3700.
HERO MOTOCORP 1WBO of trendline after 2018 and also launching it's veichle can boost this stock sales and revenues. We can see good returns in short and mid term.
Hero Moto
Hero Moto is at Major Resistance Level. Mark yesterday's candle of 3:25 p.m. in one minute chart and exit if it is broken at any time. Do not wait.
Disclaimer: I am not a SEBI Registered Analyst. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes.
Let you grow. May! I follow you.
HERO MOTOCROP 1HRINTRADAY / SWING TRADE
HERO MOTOCROP Looking good for upside..
When it break level 3231 and sustain.. it will go upside...
BUY@ 3232
Target
1st 3273
2nd 3311
HERO MOTOCORP OCT FUT – 8 LOT (Qty-1000)
MINIMUM 10L CAPITAL
Enjoy trading traders.. Keep add this STOCK in your watch list..
Big Investor are welcome..
TRADERS HOLD SWING TRADE FOR LONG TARGET
HEROMOTOCO - Weekly AnalysisIn the Weekly Chart of HEROMOTOCO ,
we can see that, it has given trendline breakout, but the breakout is not strong.
Expected momentum is shown in chart.
Ahead of festive season ,watch this.1st wave being leading diogonal.
2 nd wave its deep retracement
Today's rally is a part of3rd wave,
possibility of minimum extension has been shown
in the chart.
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HERO MOTOCORP LTDHero motors giving a breakout on the falling trendline resistance of a symmetrical triangle as you can see before this breakout price gives a breakout on horizontal resistance and retest that breakout too so we can consider to go long in it for the target of 3500 with taking a stop loss of 2750 below on horizontal resistance on weekly closing basis.
📈 Exciting Bullish Pattern Alert! 🐂📈 Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Rising channel support
📌 Symbol/Asset: HEROMOTOCO
🔍 Description: Stock is making broadning rising channel and its wround the support. We may see bounce around the support.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation. Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
stock to watchinside day candles are getting formed. volume has contracted at lower level. Trading within 1 SD of 20 SMA. Stock is added to watch list . Will buy on break of inside day range.
HeroMotoCorp Short Term TradeOn daily chart, price has found support at 100day SMA, at level around 2868 (purple horizontal line)
Also, this level coincides with 38.2% retracement, of the four month rally (apr-july).
Thus, this level of 2868 can be considered as a good support
Taking this level as support, it has formed a rectangular pattern and now breakout has occured.
There is support of good volume, and rising atr through the breakout
Tgt and Sl are marked on the chart for a short term trade
HeroMotor Cmp 3054 W PatternHeroMotor Cmp 3054 dated 11-9-2023
1. Three White Soldiers Candle stick.
2. W Pattern
Buy above 3060 target 3090-3125-3160-3200
SL 3000
It is just a view, please trade at your own risk.
HeroMotoCorp Longterm breakoutHeroMotoCorp awaiting breakout. Looks like the price already took a swing just to break the current high.
Ready to go 1000 BHP RideGood Swing opportunity.
Breakout Time, 1 Week 1 Month 3 Month targets
For educational purpose only
