Bearish..... heromotrocorp1d timeframe 2 trendline breakout also break 0.618 fibbo levelShortby Niftybnstocks0
Misleading news regarding increased LIC holding of Hero motorIn total, LIC holds about 11 percent equity in Hero motor, that is correct (up from the earlier 9% approx.) However, this holding increase took place over a period of one-and-a-half years (Jan 2021, to June 2022), and not right now as news reports seem to suggest. This (actual) time frame of 1.5 years over which LIC increased their hero holding is courtesy of Moneycontrol, which is reliable reporting Bearish outlook for Hero motor, target by Goldman Sachs is 2080 . Yes, Goldman Sachs' target is not infallible, but be wary of misleading reporting regarding equity, including—but not limited to, Hero motor. Expect intraday selling tomorrow—2500 seems like a place Hero could rest, tomorrow.Shortby SwingGun2
Intraday sell to 2400Hero is an intraday sell to 2400, given further fall in global indices/nifty below 16000.Shortby SwingGunUpdated 0
Hero Motocorp trading near moving averagesHero Motocorp on a weekly time frame is taking support from its 20 ema. The stock had closed between the two moving averages. For last 3 trading session the stock is trading in a narrow range and the moving averages on daily time frame has coincided. The levels for the stocks are marked on the chart itself. On smaller time frame, the price range is narrowing down and the stock can give a nice move on the either side. support :- 2555, 2525 Resistance :- 2614, 2645 Wait for the stock to break and close outside the box on a daily time frame. The trade can be a swing or intraday trade.by Mambotrade110
Hero motor—Goldman Sachs stance (GS) Goldman Sachs (GS) is underweight on Hero motor, with a target price of 2080 rupees. Given this global selling environment, intraday target (Monday) for Hero motor is 2500, and heading toward 2400. Hero might very well open at 2500 (which is a nice round number)—in which case, wait till it goes to 2600 spot price, before taking bearish position (if you want to be prudent with your trades). Assuming that Hero will settle at 2500 (or 2400) until further sales reports. If you wish to buy in cash market—in the long term, wait till 2300 spot price—or 2100 spot price (if you can wait patiently). This is a very reasonable stance, and not one sided. Semiconductor-supply issues will hurt production and sales, and Hero motor is yet to enter EV segment (hence, hero motor will lose market share over next few quarters).Shortby SwingGun223
Hero moto — large trendHero motor is forming dark cloud cover in the short term (intraday) and has lot of downside in the weekly time frame. Hero at CMP of 2650 has a lot of downside, given the steel excise-duty (news driven) rally after it's poor quarterly results. Both their topline and bottom line were hit. People are not buying hero motor bike; 24% decline in sales. Net profits (bottom line) was hit by 30%. Bearish outlook at the current market price, until next results. Results this poor have shown to plummet giants like Target and Amazon by unforeseen amounts. While steel prices will give them more margin to work with; until sales improve in the next quarter, hero motor price action will explore 2300 levels. Not bullish on this stock until 2300 spot price. Safe strategy: Sell up to two calls (CE) at spot price 2750 / 2700 / 2650 today, and hold for the rest of the month and eat premium. Shortby SwingGunUpdated 7713
YR 2022 Idea #67: Long on HEROMOTOCOThis is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. Our objective to help anyone who wants to learn technical analysis using charts by demonstrating my real trade entries. You can post your queries in comment section here and we will try to answer them asap. Longby onerighttrade0
#Heromotoco cash : Looks good above 2600.10#Heromotoco cash -Positional call 07 May 2022 Looks good above 2600.10 and dips 2580-2585 stoploss 2560 Target 2670-2680/2740 Cmp 2570Longby anandnst444
heromotoPrice has taken reversal from the trendline on daily chart, Looks like it is ready to move up. Target above 2600 Stop loss below the trendline.Longby rathodar1100
Heromotocorp LONGOnly go long at desired price as shown in charts, entry exit both are mentioned. For Educational purpose only.by ankushsingh290
HeroMoto Corp Chart Analysis !!📈 Hero Moto 📉 My Findings :- 1. Breakout from a swing high and Resistance Zone. 2. Close above March high. 3. Higher High and Higher Low formation. 4. Auto Sector is in Uptrend. Bias- Long Target- 2646, 2792, 2933 and 3057 SL- 2242 RR- 1: 2 All Important Supports and Resistances are drawn in chart. All levels are of Spot and on closing basis. Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.Longby ShelendrAgrawalUpdated 2
Possible Reversal in HEROMOTOCOMegaphone pattern in HEROMOTOCO Can be bought for short term for 5-10% moveLongby Kapil-Mittal4418
Hero Motocorp Bearish BAT and Bullish BAMMIN Hero MotoCorp Bullish BAMM is active now. Can Expect Target up to 2800. And after reversal we can short near 0.886Longby VIJAY_ARUN_SURYAWANSHIUpdated 0
Hero, monthly sales, simplifiedIntraday selling at nifty open, tomorrow. For long term picture, refer to older post. Monthly results are out . Similar to Bajaj Auto, entire two-wheeler segment is hurt. Hero is no different. Semiconductor supply issues in two-wheeler segment. Sourcing semiconductors during shortage will reduce margins as well. We see decline in exports in Hero (as well as Bajaj), but more importantly—Hero motor sales numbers are still well below pre-covid years. When sales are dull, exports are next to nonexistent , and economy is not in good shape, buying would be silly. Generally, my strategy for taking bearish position is selling calls and eating premium, but you can short as well, since we know the sales data. For selling call tomorrow, sell CE at 2800 mark or at 2700 mark in Hero motor. In a way, we know 66% (two thirds) of hero motor's next-quarter result and it's not very exciting. 13.9 percent MoM growth, with further decline in exports. Sales are far from pre-covid levels. Growth outlook is not great. {Note: Bajaj has slightly more reasonable P/E ratio compared to Hero, but I had a bearish position on Bajaj Auto as well; booked that position after result, yesterday.} Shortby SwingGun444
HEROMOTO - 1st June 2022Stock hitting Medium Term Resistance Area of 3000-2750. Possible Reversal from here, if levels hold. Shortby thegutsy0
Hero motor: Upside vs DownsideHero motors seen in monthly time frame shows head-and-shoulders pattern with head on top Keeping all viewpoints in mind, Hero motor has upside till 3000/- (given optimistic picture of the economy), which is 200 rupees from here—and downside till 2000/- which is 800 rupees from here, given reducing margins and decline in quarterly sales (24% decline, as seen over last quarter). Risk to reward ratio is 200:800 rupees (1:4) Morgan Stanley and Goldman Sachs are underweight on Hero motor, with similar targets. The 110cc bike sector is under more stress than premium-end automobiles, since inflation hits the common man more. Shortby SwingGun227
Hero Motocop Ichimoku Bullish Breakout Stock Name - Hero Motocop. As per the ichimoiku rule, today's close is above the Conversion Line and future kumo is super bullish and chikou span is slanting upwards. All these parameters are showing bullishness at CMP. And it can touch 2880. More strenght if sustabin above 2900. Worth to keep in watch list for coming days. #This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market. # Rule Based Investing # Ichimoku Cloud # Ichimoku Followers I hope you all like my analysis. Please do share your thoughts into comment section of Trading View. Please give a like, it motivates me to do analysis and do share our channel with your friends as well. Longby nikunjbhadja1
HEROMOTOCO Long !NSE:HEROMOTOCO One can Go long in HEROMOTOCO, SL to be below candle Low, Will have some restiance on the way up. But overall looks good as Auto index is also looking good !Longby CreativeCreature0
Buy Today, Sell Tomorrow: HEROMOTOCODON'T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Book profits within the first 30 minutes of the market opening - Try to exit by taking 3-5% profit of each trade - SL can be taken when the 5/15 min candle closes below 44EMA - SL can also be maintained as 1% or closing below the low of the breakout candle The levels mentioned on the chart are calculated using the BREAKOUT INDICATOR Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall Channel Breakout in HEROMOTOCO Buy Today, Sell Tomorrow: HEROMOTOCOLongby Kapil-Mittal6611
Hero Moto buy CMP 2270 Target 2350- 2375- 2445- 2520- 2623- 272Hero Moto buy CMP 2270 Target 2350- 2375- 2445- 2520- 2623- 2720- 2800-2900+ SL below 2140Longby Bilal_KaziUpdated 3
HEROMOTOCO | Reversal inside the channel - Looks potential 15%HEROMOTOCO | Reversal inside the channel - Looks potential for 15% CMP : 2366 SL : 2220 Target : 2740 1:3 risk reward setupLongby srikartiramUpdated 4416
Breakout seen in heromotorcorp. Breakout has been seen. min target is 2% and max 5%. since market is bearish, we cant expect more target. pls check it.Longby vanathi1990Updated 0
Simple Trade Setup | HEROMOTOCO | 23-05-2022 [INTRADAY]NSE:HEROMOTOCO Observations: 1) On 1day time frame, we can see it is near critical breakout level of 2600. If it trades above it then we can aim for the resistance trendline as our target for positional buy trade and if it rejects from here then we can plan as per sell trade but not positional. Please refer below chart : 1day time frame. 2) On 15min Time Frame, we can see a rounding bottom pattern. Please refer below chart : 15min time frame. Also on same time frame we can see a support channel. Please refer below chart : 15min time frame. ------------------------------------- Trade Setup for 23-05-2022 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.by Trading_hawk0