HEROMOTOCO trade ideas
Hero Moto - Breakout on High VolumeRounding Bottom pattern breakout
Volumes looking good
Expect stock to reach 3240 in coming days
buy sidehero moto forms double bottom on hourly chart also the momentum indictors looks good in strength so once we can see more upside from here ( cmp 3018 ) ..
Hero Motor - Triangle Breakout with inverted H&S Pattern - LongHi Guys,
The Script Hero Motor was reversed it trend and now it was in the bullish trend.
The script need to break the triangle and inverted H&S pattern above 3000( Closes) will confirm the bullish trend.
Entry: Retest 3000-3050
SL - Closes below Right Shoulder.
Target - 3400 & 3600
Regards,
Thenali Views
Disclaimer: Kindly do your own analysis before executing the trade
HEROMOTONote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
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3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
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Keep an eye ladies and gentlemen. Cheers and Happy Trading.
► ADVANCE PATTERN #15: HEROMOTOCORP ◄► ADVANCE PATTERN #15 ◄
📌 Levels are mentioned on chart for ❝Swing trading❞. These are original and unique patterns that can achieve their target almost 80-90% times. Here, I have posted one of my favourite 💕 chart patterns.
☆ Please check the description section ⌨ for early entry level in given stock ₪ to get better Risk to Reward (☈☈) ratio.
☆ Kindly like & share ➥ this pattern. Comment ⎚ with what do you think. Follow me @ tradingview for more updates and like the chart ❤!!!
▣ Key Highlights:
➟ Time frame Daily Ⓓ
➟ W pattern ⓦ
➟ Trend line ⍩
➟ Triple Bottom ◡◡◡
➟ Long Term Support ≌
➟ EMA 200 ↝
➟ Unique Confluence Ⓤ
📌 Levels are:
Entry: ▲ 3015
SL: ☢ 2850
Target: ➚ 35585
RR: ☈ 1:3.5
Return: 19%+
Do your own study before Trade!!!
Thank you. Happy Trading!!!
Best Regards,
𝘿𝙧. 𝙎𝙝𝙖𝙢𝙧𝙖𝙟𝙖 𝙉𝙖𝙙𝙖𝙧
𝙋𝙝𝘿 𝙞𝙣 𝙏𝙚𝙘𝙝𝙣𝙤𝙡𝙤𝙜𝙮.
✬ Disclaimer ✬
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All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on evaluating their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
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Buy HeroMoto with Sl 2900 for target 3200Buy HeroMoto with Sl 2900 for target 3200. This counter showing great momentum in RSI and double bottom on daily chart .
Ways to Trade.
1.Buy in cash market
2. Buy Future of June expiry
3. Little bit safer then trading with future contract. Create bear credit spread by selling 2900 put and buying 2600 put of June expiry.
Heromoto Consolidation at support and bouncingHeromotocorp is leading brand of two-wheelers in India with most loved Splendour variants. It has bottomed out and made double Bottom pattern on daily and weekly chart. Buy with SL of 2750 for Targets 3300, 3400, 3500++ Time frame 2-3 months minimum..
(Disclaimr: Do your own analysis. I am not SEBI-registered)
#Heromotoco cash : Looks good above 2950.10#Heromoto cash
25.05.2021
Looks good above 2950.10
stoploss 2930
Target 2974/3000
Cmp 2929.70
HEROMOTO BULLISH POSITIONAL 1.ONE CAN ADD SOME QTY AT THIS LEVEL
2.BULLISH MOMENTUM CAN BE SEEN AFTER ITS CLOSING ABOVE 3000 LEVEL.
3.BUY ON DAY CLOSING ABOVE 3000 WITH VOLUME SUPPORTED CANDLE.
3.2800-3000 NOW CAN BE SEEN AS THE ACCUMULATION PHASE.
4.MONSOON THEME STOCK.
5.SL5% & TGT 10% (FURTHERCANBETRAILED)
HEROMOTO Good buy signal !!!HEROMOTOCO : cmp : 2884.4
After a significant correction it took support near 2840 lvl.
Trying to Break out.
So its a good buy for the TGT of
2940/3006/3085/3147
SL 2832 clbs
Positional TGT 3392/3574
positional SL 2730 clbs
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally.
Right Angled Triangle pattern formation in Hero MotocorpRight Angled Triangle pattern formation is happening in Hero Motocorp stock. The resistance line is at ~2969.
If the breakout happens with good volumes then the stock could rally to 3160 level.
The pattern crossed the projected 1/2 length time period of the pattern so the breakout happening between 1/2 length and 3/4 length, supported by volumes, could be strong.
If breakout happens as per pattern then:
Target ~ 3160
Stoploss ~ 2969
Disclaimer: I am not a SEBI registered investment adviser. The study is purely for educational purpose and is my personal opinion. It is not a direct investment advice.
Heromoto Reward 25% in near term.. feel free to comment your stock name for my analysis... thanx for following
Hero Moters As we can see the 3000 is a strong resistance point if the price breaks and reset the level of 3000 we can price really to 3500 (swing trade)
HEROMOTOCO | Inverted Head And Shoulder + HammerWaiting for breakout, if happen in next 2-3 trading sessions can give rally of +20%.
CMP - 2884
Target - 3150
LONG HEROMOTOCORPEnter in HEROMOTOCORP between 2750 and 2600....wait for reversal with volume on lower TF........ No sl as it was for investment purpose....... Immediate target for swing traders will be around 3600,4100 and long term above 4500 easily......levels are marked........ best buy if goes around 2200
