HEROMOTOCO LOOKS GOOD TO ENTER FOR 3200/3300 WITH SL 3120
Hedge Long +1x 28JAN2021 FUTURES - ₹ 3163.8 +1x 28JAN2021 3200PE - ₹ 117.5 Max. Profit - Undefined. Max. Loss ₹ -24,390 Breakeven - 3282.0 Estimated Margin/Premium ₹ +60,000 ++
08 January 2021 HEROMOTOCO | Looks good above 3166. Target open. SL 3063
HEROMOTOCO stock has formed a triangle pattern.
HERO MOTORCOP should be grabbed from demand zone before it booom
I'm not an expert I'm just sharing my views on HEROMOTOCO for next trading day I'm not responsible for any profit or loss this is not a recommendation
this is for only education purpose
Bullish divergence on the lower time frames. Bounce at the 1.272 extension. Potential Cypher pattern with the CD leg forming as we speak.
This analysis is purely on price action and chart patterns. Trade opportunity is for short term swing. But since the sector is expected to be bullish in coming years, it can be used for investment opportunity too. Trade Strategy is explained in image itself. Traders can either wait for the pull back and then enter at around 3573 and below *OR* Risk averse...
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...
REFER CHART TO KNOW THE DETAILS
Hero Moto Corp is at its 1D support , one can enter long from CMP with SL of 100 rs and Target for 200 rs. 1:2 risk:reward ratio ONLY FOR EDUCATIONAL PURPOSE
BUY 3038-3045 SL 2999 TGT 3114 Reason: Above VWAP + TK cross over + MACD cross over on 30 min chart so look bullish on the short term.