HEROMOTOCO trade ideas
HERO MOTOCORP LTD M15BULLISH BAT for SCALPING
price need to follow Green Trend line & hit target
If price Breaks Red Trend line is where EXIT before SL hits
POTENTIAL BUY
HEROMOTOCO - Elliott wave analysis Heromotoco - It has completed A wave up after down side correction. B wave is in progress, which is expected to be choppy. Buy near 2875-40 zone with stop loss below 2785 for target zone above 3040 as simple ABC correction.
Hero Motor Crop Long Term Stock IndiaHero Motor Crop Long Term Stock India
A Profit & Solutions Strategy
HEROMOTORCORP | Bullish Divergence
Bullish divergence on the lower time frames.
Bounce at the 1.272 extension.
Potential Cypher pattern with the CD leg forming as we speak.
HeroMotoCo - Looking good for Long TimeFrame- 1 weekHeroMotoCo - Looking good for Long TimeFrame- 1 week
Hero moto good short candidateHeromoto spot cmp 3365
Good positional short candidate
Inverted head and shoulder pattern formation..
Counter currently trading around resistance line of neckline and mid point of rising channel,,
RSI makind bearish divergence,,
Ever 150 trading session counter is changing it trend,, as per this 19 oct can be perfect trend change date
Counter can be short at current levels with stoploss of 3400 and hold for 10-15% down side targets...
Long opportunity, Stock is making Higher high and higher lows on 3 days basis.
Price is moving in a smooth channel.
The stock is outperforming nifty and ADX is rising which is showing the strength in the price
SL is 3178(5%)
