Buy Hero Motor above 2800 for positional/ Swing trade.Buy Hero Motor above 2800 for positional/ Swing trade.
HEROMOTOCO trade ideas
#BottomingOut#HeroMoto looks like bottoming out on daily scale.
1. After a shakeout below 2740 stock gave PV Breakout.
2. Pullback to the breakout level of 2750 levels
3. RSIStairs broke out above 55 level and sustaining.
4. Stock brokeout above 20 DEMA and near 50 DEMA
5. 10/20 DEMA bullish crossover on daily scale.
6. TrendRider turned bullish with buy signal
Good to buy above 50 DEMA 2804. Add more on dips for a target of 2865/2910.
BUY at current levelindustry trend-
nifty auto is showing signs of reversal
auto sales season is upcoming
stock trend-
Downtrend seems over. supertrend has given buy signal
price action suggest bounce from bottom of channel
MACD is crossed
HEROMOTOCO .... BOUNCE from SUPPORT LINE.. <TREND REVERSAL>HEROMOTOCO is likely to take a BOUNCE from support line @ 2700 lvls as suggested by a bullish candle and past behavior on the chart
TRADE
BUY @ 2700
TARGET 1: 2800
TARGET 2: 2875
STOPLOSS: 2590
HeroMoto - Swing OpportunityHeroMoto
looking good after RSI divergence followed by a trendline break.
Can give a 5/9% good upside move in coming days / weeks.
SL deep 4% below CMP
#HEROMOTOCO break out good 6-8% opportunity swing trade idea buy at CMP hold till target
on for educational purpose
[ INTRADAY ] HEROMOTOCO LONG BET
risk: Reward ratio is 1: 2
Rest as per Charts
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Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at all.
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I use shorthands for my trades.
“Positional” - means You can carry these positions and I do not see sharp volatility ahead.
“Intraday” -means You must close this position at any cost by the end of the day.
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Always follow a stop loss.
In the case of Intraday trades, it is mostly the “Low/High of the Candle”.
In the case of Positional trades, it is mostly the previous swings
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Watch Hero Moto on Sep 7th at 12 PMHello Everyone
Hero Moto has recently taken support from a long term trend line and 200 Simple Moving Average.
The Targets are drawn with a Flag for both Long and Short.
With Increasing volumes the stock is expected to move up but in case if it goes down then the levels are drawn.
There is a Trend Line crossover of ST Trend line to the Long Term Trend line and the time is 12 AM on 7 Sep.
Use this time to your advantage and enter the trade according to the price action at that time.
Hero Motor getting ready to show its mettleHero Motor has given a breakout on a Daily Candle with decent volume out of the 6 months trendline..with RSI also confirming a breakout of the trendline. Looks like we are in for a smooth ride UP.
HEROMOTOCOPlease consult your financial advisor before taking any trade. Views are for educational purpose only.
Reversal signs!Reversal signs. Above 2865, stock may easily achieve 3100+ levels. Keep it for Sept Series.
NOW HERO MOTOR BECOME HERO @ FOX TRADER keep an eye on HERO MOTORS
This is for educational purpose only
good 6-10% opportunityswing trade idea buy on cmp hold till target good 10% trade
educational purpose
Heromoto corp breakoutHeromoto corp down trend over, good to buy here. Support and resistance mentioned
#Heromotoco cash : Looks good around 2765-2785#Heromotoco cash -Positional call
04.09.2021
Looks good around 2765-2785
stoplosss 2730
Tgt 2855-2860/2940
Cmp 2799
Hero Moto breaking out of trend line with above Avg Volume.Hero Moto breaking out of trend line with above Avg Volume.
Once it closes above previous swing high of 2870 the BO will be confirmed
RSI also above 50 after a long time
Can go long with SL below 2680 on closing basis
Do your own analysis before investing
HEROMOTOCO FIB + DOUBLEDOWN SupportOne can enter in the stock @ current level, keeping a SL of 2730 on closing basis or wait for it to cross 3090 for Target of 3600 & 4100++. Keep this in Radar
HEROMoto BreakoutHero moto corp is breaking out of the channel pattern. Looks good for positional traders with SL at 2700.
HEROMOTOCOP LOOKS GOOD buy 2780-2790 target 2830 sl 2750.. stock looks good and i can see the clearly upmove
Hero MotoCorp Ltd-looks like trend reversalBuy above 2850, keeping SL @ 2730 on closing basis.
Resistance levels are marked, which will be our near targets.
