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HEROMOTOCO

HEROMOTOCO : Building Momentum from Correction Lows HERO MOTOCORP Learning Points: Wave Analysis: Wave C zones typically offer high-probability reversals. Golden Retracement Zone: The Fibonacci 50%–78.6% zone is a critical demand area. Demand and Supply Dynamics: Understanding these zones improves entry and exit precision. Trading Plan: Entry Strategy: Enter between ₹4560–₹4688, within the Golden Retracement Zone for Wave C correction. Confirmation from bullish divergence or candlestick patterns is key. Stop-Loss Placement: ₹4540, slightly below the Golden Retracement Zone. Target Strategy: Short-Term: ₹4950–₹4995, a supply zone. Swing Target: ₹5106, aligning with Wave C completion and Fibonacci extensions. Predictions: A reversal from ₹4560–₹4688 is expected, targeting ₹5106. Demand confirmation is essential before entering. Disclaimer: I am not a SEBI-registered analyst. This analysis is for educational purposes only. Conduct your research or consult a financial advisor before trading.
NSE:HEROMOTOCOLong
by LiveTradingBox
hero **Chart Overview:** **Stock:** Hero MotoCorp Ltd. (NSE: HEROMOTOCO). - **Indicators:** **EMA (Exponential Moving Average)**: - 9-period EMA: \(5,759.37\) 21-period EMA: \(5,618.91\) - 50-period EMA: \(5,472.63\) **200-period SMA (Simple Moving Average):** \(4,788.98\) **Volumes**: Shown below the price chart, indicating trading activity. **Highlighted Levels:** **18th June 2024**: The price touched a resistance level, as indicated by the orange circle. The price struggled to break through that level. **10th September 2024**: Again, the price tested this resistance level and initially rejected it but managed to make a new attempt to break above in the current phase. The **horizontal line** shows the resistance level around \(5,860 - 5,961\), which the price is trying to break. **Analysis of Last Three Candles:** 1. **Candle 1 (Two days ago)**: **Small Body, Small Wicks**: Indicates a **doji**-like candle, showing indecision in the market as the price consolidates at the resistance level. **Volume** : Low volume during this session could suggest a lack of strong conviction from buyers or sellers. 2. **Candle 2 (Yesterday)* *: **Green Candle** : Indicates a bullish move, as the closing price was higher than the opening price. **Medium Wick on Top* *: Suggests some selling pressure near the end of the session, with buyers unable to close at the day’s high. **Volume** : Increasing volume compared to the prior session, signaling growing interest from buyers as the stock tries to break resistance. 3. **Candle 3 (Today)**: **Strong Green Candle** : This is a large bullish candle with little to no wick on top, signaling that buyers were in full control throughout the day, pushing the price significantly higher. **Volume** : High volume compared to previous days, confirming the bullish momentum and increasing the likelihood of a breakout above the resistance level. **Conclusion from Last Three Candles:** The stock has made two attempts (June and September) to break the resistance level around \(5,860 - 5,961\), and the third candle (today) shows a strong breakout attempt with substantial volume. This indicates that the stock might be gaining bullish momentum and could sustain a breakout if buying pressure continues.
NSE:HEROMOTOCOLong
by investigationofchart
#HERO/USDT#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 rise, with a downtrend about to break higher Entry price is 0.003680 The first target is 0.004300 The second goal is 0.004718 The third goal is 0.005270
HLong
by CryptoAnalystSignal
MACD Crossover Swing Trade📊 Script: NESTLEIND 📊 Nifty50 Stock: YES 📊 Sector: FMCG 📊 Industry: Food - Processing - MNC ⏱️ C.M.P 📑💰- 2622 🟢 Target 🎯🏆 - 2769 ⚠️ Stoploss ☠️🚫 - 2560 📊 Script: ADANIPORTS 📊 Nifty50 Stock: YES 📊 Sector: Marine Port & Services 📊 Industry: Miscellaneous ⏱️ C.M.P 📑💰- 1341 🟢 Target 🎯🏆 - 1426 ⚠️ Stoploss ☠️🚫 - 1293 📊 Script: HEROMOTOCO 📊 Nifty50 Stock: YES 📊 Sector: Automobile 📊 Industry: Automobiles - Motorcycles / Mopeds ⏱️ C.M.P 📑💰- 4722 🟢 Target 🎯🏆 - 4949 ⚠️ Stoploss ☠️🚫 - 4597 📊 Script: AMBUJACEM 📊 Nifty50 Stock: NO 📊 Sector: Cement 📊 Industry: Cement - North India ⏱️ C.M.P 📑💰- 612 🟢 Target 🎯🏆 - 650 ⚠️ Stoploss ☠️🚫 - 592 📊 Script: BERGEPAINT 📊 Nifty50 Stock: NO 📊 Sector: Paints/Varnish 📊 Industry: Paints / Varnishes ⏱️ C.M.P 📑💰- 573 🟢 Target 🎯🏆 - 603 ⚠️ Stoploss ☠️🚫 - 558 ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁 Happy learning with trading. Cheers!🥂
NSE:NESTLEINDLong
by radha_23
#BRITANNIA 4532 invest for Diwali recommend BUY- Rachit Sethia BRITANNIA 4532 TGT 5100 +++ SL 4400 TIMEFRAME <6M RR > 3 Return >15% +++ Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
NSE:BRITANNIALong
by Rachit_Sethia
5
Heromotoco - Elliott Wave CountHeromotoco - Elliott Wave Count Heromotoco - The market appears to be in correction. it seems that Wave B is near completion and Wave C expected to begin with the targets below 2850 level and consider 3244 level for invalidation to this view. Once the ABC correction is completed we can expect the next impulse up move. Please note that this information is for educational purposes only, and it is crucial to trade with caution. NSE:HEROMOTOCO BSE:HEROMOTOCO NSE:HEROMOTOCO1!
NSE:HEROMOTOCOShort
by Treda_pro
HEROMOTOCO : daily & Hourly 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 with your Financial advisor before trading or investing First Learn and then remove "L". trading near support zone with small stop.
NSE:HEROMOTOCOLong
by ChartsSpecialist
HEROMOTOCO SHORTHero moto corp. broke down the trendline and is ready to fall Great returns expected in this stock. Targets mentioned in the chart. Safe SL can be around 2850 levels. It is yet to give a re-test of the trendline. Trade safe. Manage risk. Be profitable. Please follow us for more simple trading analysis and setups. Also let me know in the comment in case you have any queries. Disclaimer :- This is just my view. Please analyze charts yourself and then decide to take any trades.
NSE:HEROMOTOCOShort
by simple_trader2022