HEROMOTOCO trade ideas
NSE:HEROMOTOCOIn Supply/Resistance Zone
Keep n eye.. Fresh upmove only if it sustains above the zone.
Trend is bullish..
HEROMOTOCO is Running in SR Zone (Strong Breakout Trade)Hero MotoCorp Limited : Automaker Company ( NSE:HEROMOTOCO ) is Making SR Zone Pattern (PATTERN BREAKOUT TRADE).
This can become a very good trade for INTRADAY traders.
Target + StopLoss: There is no target here. You keep the first target as much as the StopLoss you put. And the StopLoss will be the Low/High of the candle that broke this pattern. Or Low/High swing backward inside the pattern.
And as soon as you get a profit of 0.50% of your target, you will trail your StopLoss and bring it to the entry point. And as soon as your first target is hit, you will release half of your total quantity and continue to trail your StopLoss above the last swing Low/High.
Target and StopLoss are never already fixed in the chart pattern.
Thank you.
You always have to trade only by money management, position sizing, StopLoss trailing. This is the way to stay in profit.
Chart Published By Ravinder Sharma
CHART PATTERN IN DOW NIFTY BANKNIFTY TVS HEROMOTO KOTAK HDFCBK
DISCLAIMER : I AM NOT A SEBI RESITERED ADVISOR SO TRADE ON YOUR RISK
BUT I HAVE GOOD EXPERIENCE IN STOCK MATKET FROM LAST 17 YEAR SO I AM JUST SHARING MY EXPERIENCE WITH YOU ALL
INVESTMENT IN STOCK MARKET IS SUBJECT TO MARKET RISK
HEROMOTOCO : Long SetupNSE:HEROMOTOCO
Hi Traders,
After took support on lower band, HEROMOTOCO reversed and is moving to higher band of upward price channel. So, we can open new buy order.
Entry and target level on chart.
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###Learn To Earn###
* This analysis is educational/learning purpose only.
* Trade at your own risk.
Trade well,
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HeromotocoIm not an expert im just sharing my views on HEROMOTO CORP for tomorrow
Im not responsible for any profit or loss this is not a recommendation
HeromotocoIm not an expert im just sharing my views on HEROMOTO CO for tomorrow
Im not responsible for any profit or loss this is not a recommendation
NSE:HEROMOTOCO Intraday/Short TermLooks very bullish.
Can blast if starts to trade above 3000
Decent support around 2970
Bearish if breaks below 2970
#HeroMotoCo#HeroMotoCo has formed a HnS pattern on 75M scale. It has broke down below the major neckline of 2965 and trading below VPOC of 9490. Textbook target for the HnS pattern is 2740, however stock may not reach that level so soon. One may think of deploying a net credit #BearCallSpread to play this trade.
RSI, ADX, DarvasBox, SuperTrend all giving sell signal on 75M scale.
