#HERO The price is moving in a bearish channel pattern on the 12-hour frame, and it adheres to it well and is expected to break it upwards. The price rebounded well from the lower border of the channel at the green support level 0.003680 We have a tendency to stabilize above the Moving Average 100 We have oversold resistance on the RSI indicator to support the...
If you understand Elliott waves, the chart labelling is self explanatory. A textbook Elliott wave impulse pattern with missing 5th wave of the 3rd wave. Thanks for reading, will update as price develops further.
Wave 1 is a 5 Wave Impulse Sequence Structure in 6 Month chart, and Wave 2 is a 3 Wave Correction structure. Wave 2 has retraced Wave 1 by 61.80% which suffices by the Elliot Wave Theory Correction rules. Now Wave 3 is on and as per the Elliott Wave Theory and Fibo Extension Levels 161.80% is the minimum Wave 3 achieves, hence projection is Rs. 7793.20.
Heromotoco - Elliott Wave Count Heromotoco - Ready for 2900.. the market appears to be completed the Wave B and we can expect wave C with the target of 2900 and below. please note that if the market cross above 3188 which is our SL, the view considered as invalid. Please note that this information is solely for educational purposes, and it is essential to...
Heromotocorp looking Bullinsh above 2785 , Faliing trendline breaking with increasing volume , outperforming nifty wait for close above 2785
1. observe the targets , take trade accordingly 2. respecting the levels
With the breakout given on 4th June and retest completed on 7th June one can long Heromoto above 3075 with a stoploss of 3040-3035 for targets 3140 and 3200.
Heromotoco bounced from the support, and the current structure is of higher highs and higher lows, and sustaining these support levels, the stock could move towards 3350 and 3470 levels in the coming weeks. Trade Type: positional
Long Term investment pick All the key levels are mentioned in chart with Stop-loss and Targets Disclaimer I am not sebi registered analyst My studies are Educational purpose only Please consult with your Financial advisor before trading or investing
Hi Friends, Today I am going to teach you a strategy that work for life time and applicable eternally. ✔ This strategy I learned from Greatest of great trader JESSE LIVERMORE. What is it. Go long on Strong stock or leader in the sector on first indication of uptrend in respective INDEX. similarly Go short on weak stock or laggard in the sector on...
Goodluck Capital Recommendation Sell Hero Motocorp Ltd (NSE: HEROMOTOCO) CP# - 2540.45 Sell Range - 2620-2520 Target - 2280-2250 StopLoss* - 2690 Duration - 15-20 trading days Potential Return^ 11-13% Risk : Reward = 2 : 5 # Closing price on Jun 26, 2020. * Maintain recommended StopLoss by daily closing basis. Once 1st target hit,...
promoter holding 34.63 fii/fpi holidng 34.27