Near resistance Watchout for intradayHeromoto rejected from 3124 many times now ready break above 3124 we may see 3155 as target in intraday
For education purpose
HEROMOTOCO trade ideas
Elliot wave Analysis # Bearish SequenceNSE:HEROMOTOCO
Confirmation to Sell @ 3124 level
Invalidation level - 3152
Intraday Target - 2976, 2960
Risk Reward - 1:4.74
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- Mark Douglas
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HERO MOTOCORP Ascending broadening wedge pattern at monthly TF HERO MOTOCOPR LIMITED - Ascending broadening wedge pattern formation at monthly TF
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Disclaimer : All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
analysis of heromotoco.plzz comment whether its corect or wrongBuy or short when trend line breaks..stoploss and targets are given..please also comment what u think about this analysis.
neutral to bullish heromotoco1.now in consolidation period
2 making symmetrical triangle
3 strong company of two wheeler sector
4. best fundamentals
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contact at 9039779313 for intraday support
Heromoto at demand zone and ABCD pattern formation in placeHeromoto has formed head and shoulder pattern, then taken support at base.
Now it is forming ABCD pattern, which might lead it to higher levels 3240 plus to ATH. SL and target levels are placed in Chart.
HEROMOTOCO to fall!Hero Motorcorp has been in a wedge for quite some time and is now close to it's lower TL. One can go short on breach of this TL and expect to see 3076 and even 3062 levels to be tested in the coming days.
HEROMOTORCORPKeep an eye.
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heromotoco wait for box breakoutwhen box is breakout with a candeal that candeal contain 75% of body out of the body up OR down go take position that sinde with target of 3 to 4 %
