Head & Shoulder Pattern, Near Neckline. Educational Purpose OnlyHead & Shoulder Pattern, near Neckline.. Watch for Breakdown.. Keep on Watchlist.
HEROMOTOCO trade ideas
heromotocop for long positionheromotocop has been in downtrend for a long , now in 15 minutes chart i found that it is consolidating and stopped making new lower lows, so if it rises above 2800 and makes a new higher high, one can go long .
Hero Moto Corp Long opportunityHero Moto has taken support from a critical level and can bounce back from here. Can Target 3070 if it breaks that trendline.
heromotocorp massive move upside becasue their is rocket shaped pattern is forming
also known as inverse head and shoulder in hourly time frame
this is really cool setup
Hero MotoCorp will shine or not ?The level of 2750 becomes the consistent supply and demand zone when breaking down its historical path over six months. The trajectory of Hero MotoCorp was on either side and circulating the 2750-point somewhat as a magnetic pole or as a centre pivot line.
From August 2020, 2750 becomes the sturdiest support which ensures consistently help to prevent Hero MotoCorp from a deep dive from the zone (2800 to 2750). Meanwhile, Hero MotoCorp found its rage roughly between 2750 to 3200. Hero MotoCorp is below 0.236 on the Fibonacci Retracement nonetheless, the stock retracement was noticeable. MACD crossover below the histogram in day candle where the stock sustained at 2800 point.
Note* This is not a recommendation to buy or sell.
#Heromotoco cash : looks good above 2850.10#Heromotoco cash
08.08.2021
Looks good above 2850.10
stoploss 2830
Target 2868-70/2895
Cmp 2834
Long term investors can accumulate at this levelLong term investors can accumulate at this level for the target of 3085+
Heromoto 3 reasons to buy hero moto. 1 stands over sold zone.
2. MACD cross indicates 2 to 5 % instant move.
3. Top sec I cant share.
BREAKOUT COMING IN HERO MOTOCORPGood move can be expected in this stock , we can see breakout anytime soon.
Look at the RSI strength, already it has given the breakout.
Entry around 2830-2850 tomorrow looking at the momentum of the stock and we can expect 3050-3100 as the targets.
Please do your analysis before taking any trade and if you have any idea please tell me in the comments.
Such an Amazing Pattern HEROMOTOCOHEROMOTOCO is about to bigger. But the direction is unknown. Because it moved up but it formed a DOJI and with low volumes and also no strength from buyers. Just keep an Eye on it for short term
Double bottom or W pattern in HEROMOTO HERO MOTO has made a double bottom pattern and is looking bullish now. Can be bought for the 1st target of 3050 and 2nd target of 3500. CMP-2840. SL will be 2720 on a closing basis. 5:1 RISK-REWARD ratio. HIT the like button if you liked my analysis and do FOLLOW for regular swing trading ideas.
Long Hero Moto Corp - symmetrical triangle breakoutis it the right time to enter HeroMoto Corp for a target of 3500 in 3-4 months ?
cmp - 2845
sl - 2670-2680 (should be below 2700)
it can be risky as it is still bellow 20/50/100/200 EMA.
what do you thinkheromoto
double bottom on weekly chart
decide your stoploss and target on your own
time for a long term investment
Hero moto good LONG candidateHero spot cmp 2820
Time frame :- daily
Study :-chart pattern, harmonic
Symmetrical triangle breakout and bullish bat pattern formation with bullish crossover in MACD. breakout on rsi
Good bullish formation
Can give 10 to15% upmove from current levels...
Hero Moto Corp Buy Indication 15 Min Buy!!For Intraday
As per analysis, the stock is at a perfect support on the trend line, So wait for a good green candle and go for buy.
Hope we get to see a good move tomorrow.
HeroMotoCorpAll Signal are towards a downtrend as its below its 50 Day MA, But i would suggest only Risk takers to buy at current levels of 2763 or below, we can expect a reversal as per the trend lines
2743 - Strong Support
Always keep a Stop loss
The above is only for Short term Target : 2850-2900
buy heromotoits trading near support zone. low risk setup. we may see 3000 level in coming days. view negated below 2780clbs
