Swing high is touched and now the downward movement should start for Hero Motocorp . Profit can be made on the downside for a week.
--->> The stock is trending upwards with strong consolidation. ----->> now price reached the resistance . ------->> keep look at this level for continue or reversal downside. we have an another resistance at 2820 levels. -Consolidation + Up move == reversal possible.
this stock is doing nothing for a longtime. has completed complete Elliot cycle on daily chart I am buying this stock in sip mode for 4 to 8 months time period the only condition this trade has is it should not go below 2500 levels otherwise all wave patterns will fail and we will analyze it again. targets i will update as it forms over time but still 2900 and...
Hello Traders, This is the trade plan of one stock Whose predictions are done with great depth for you. To understand it better in detail price action check below.
Observations: ---------->>the stock is trending upwards, -------->>After a strong bearish gap down, price is moving upwards again from demand zone @2460-2440. ------>> keep track on this for further bullish continuation or likely to reversal from this zone. we need further price action to be noticed, for reversal. As of now its bullish.
The chart pattern of HERO resembles MARUTI a few quarters back (Previous idea). Once the range of 2900 - 3000 breaks, it will achieve 3500 levels. HERO is a symbol of rural consumption; within the last few months, the inflation scenario has favored producers and thus, agro-businesses. BUY! and keep buying on DIPS *NOT SEBI REGISTERED*
Heromoto corp will break in any side strongly hope it is usefull...
HEROMOTOCO is reversing from near support zone on daily chart posted before. IN hourly chart, high chances to touch 2547 resistance zone. if its able to cross it we may see good movement. for me, its good time to enter ifLike, Share, Comment for regular updates. Disclaimer I am not sebi registered analyst My studies are Educational purpose only Please consult...
HEROMOTOCO is reversing from near support zone. Please check 1 hours chart I will post after this, if it close resistance of 1 hour we may see it touch daily resistance zone marked here Like, Share, Comment for regular updates. Disclaimer I am not sebi registered analyst My studies are Educational purpose only Please consult with your Financial advisor before...
Heromotocorp VCP setup on the verge of Breakout, breakeven, target and Stoploss are marked in the chart
short heromotocorp below 2724 and target is 2645-2640 with stop loss of 2667.
*Everything is mentioned on the chart. I hope it is easy to understand. *Don't jump in to trade at the beginning of the market. let it get settle for 5 min 15MIN first and judge price action. *Avoid gap up or gap down chase. Wait and trade between level. Note :Trade with strict stoploss. It may or may not hit all the levels. So one can book profit / loss at...
NSE:HEROMOTOCO One Can Enter Now ! Or Wait for Retest of the Trendline (BO). Note : 1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle. 2. Close, should be good and Clean. 3. R:R ratio should be 1 :2 minimum 4. Plan as per your RISK appetite Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!
This was after 50% retracement of move from 1375 (Mar'20) to 3450 (Feb'21) Plan ahead => could consider to Buy above 3000 - and/ or Rejections near 2400 PB 2x PE 21x ROCE 19% DivYld 3%
*Everything is mentioned on the chart. I hope it is easy to understand. *Don't jump in to trade at the beginning of the market. let it get settle for 5 min 15MIN first and judge price action. *Avoid gap up or gap down chase. Wait and trade between level. Note :Trade with strict stoploss. It may or may not hit all the levels. So one can book profit / loss at...
📊 Script: HEROMOTOCO (HERO MOTOCORP LIMITED) 📊 Nifty50 Stock: NO 📊 Sectoral Index: NIFTY AUTO 📊 Sector: Automobile and Auto Components 📊 Industry: Automobiles Key highlights: 💡⚡ 📈 Script is trading at upper band of BB. 📈 MACD is giving crossover. 📈 It is giving breakout of consolidation zone. 📈 Right now RSI is around 63. ⏱️ C.M.P 📑💰- 2913 🟢 Target 🎯🏆 -...
*Everything is mentioned on the chart. I hope it is easy to understand. *Don't jump in to trade at the beginning of the market. let it get settle for 5 min 15MIN first and judge price action. *Avoid gap up or gap down chase. Wait and trade between level. Note :Trade with strict stoploss. It may or may not hit all the levels. So one can book profit / loss at...