HEROMOTOCO Long OpportunityWe can go long from current level.This is very strong buying zone of institutional (Big Player).
Trade or Investment at your own risk.
I am not SEBI registered.
HEROMOTOCO trade ideas
#Heromoto 4th time tested 4950, above 4955 fatega kya?Heromoto since Feb'24 4th time has tested the fib resistance of 4954.A day close above 4954 can take this stock towards 1) 510 2)5177 3)5329 4)5473, below 4632 will be exit for me. Since my indicator is also not giving any negative signs, I have high hopes from this setup. Only thing is weakness in overall market can affect it. Lets see
sell at zone ~ intradayexpecting small fall from the zone . look for confirmation inside zone in smaller tf.
- good for intraday trade
- entry inside zone
- sl is day close above zone
- for target draw fib retracement from C to latest swing high , use 0.236 fib as tgt 1 (safe place for intraday), 0.382 as tgt 2 (risk takers).
- don't trade , if u didn't get selling confirmation inside zone
- if day close is above this zone , this pattern becomes invalid.
Hero Motocorp Ltd *Hero Motocorp Ltd*
Rising P&F on Monthly Basis.
Strong Price BreakOut & Sustained.
Strong Vol Consolidation & Continued Traction.
EMAs: Widening Gaps amongst 20/ 50/ 100/ 200 levels.
RSI: 1H<D<W<M. However, all in Bullish Zone.
*Trail SL with Upside*
*Book Profit as per Risk Appetite*
*Do Your Own Research as well. This is an Opinion.*
*_Happy Investing_* 🤓
Time to book profit in Hero Motocorp?
IT may go up from here few more points, but sell siganl at point is a warning for it to have reached current upswing high, so i think we should book profit . What you do youthink?
5th wave play in Hero MotoIf 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.
hero moto stock breakout and movingthis is my personal view for short & long term hero moto stock break clearly and now it moving on target levels.their was channel break out like a,b,c formation
hero moto stock breakout and movingthis is my personal view for short & long term hero moto stock break clearly and now it moving on target levels.their was channel break out like a,b,c formation
HEROMOTOCO, Bull FlagPotential upside, Hero MotorCorp seems to be coming out of a bull flag.
Target at 5500, Stoploss at 4400
buy Hero Motocorp?
Hero seems to have completed its downward swing. I think it i stime to take long position for 5-10% gain.
HEROMOTOCO may remain in range bound some more timeChart and RSI is showing range bound for Hero motor, stock is at buying Zone, once brake the resistance of RS. 4730 with volume can achieve target of Rs. 4840
Information is only for Educational purpose, no recommendation for Buy or Sell
My view on Heromotoco Double bottom breakdown
Possible in Heromotoco
Looking tgt 4450-4400-4350++
Keeping on radar Heromotoco 4400 PE
Low risk entry on HEROMOTOCOSymmetrical triangle formed on daily chart. Price broke out of resistance and successfully retested now support previous resistance line. Also noted low volume when price were falling with prior runup on price before formation of triangle chart pattern. Formation of hammer candlestick on bottom of support trendline indicates strong buying. Good short term opportunity.
Disclaimer: I am not a SEBI registered consultant. This is not a buying or selling recommendation. Above information is just my view and is meant for educational purpose only. Please consult your financial advisor before making any trade.
Gap down and stayed down- Hero Motocorp, ready for profit bookin
Downward movement started couple of days ago and today it was gap down opening with little effort for recovery.I think profit booking from here may start and give 3-5% on the downside.
HEROMOTOR will give 10% Retuns ? cmp 3963 HEROMOTOR cmp 3963 with the Target of 4171, 4249, 4325.
Sustaining over the daily support levels, can return from the current levels.
Support 3912 - 3963 , Resistance 4162 - 4188
9.5% Upside Potential
HeromotorCop Weekly Continuous Movement Heromotorcop is continuously moving upside
postive RSI
Positive Volume
500 points stretch possible
strict SL
heromotocoNSE:HEROMOTOCO
One Can Enter Now !
Or Wait for Retest of the Trendline (BO) !
Or wait For better R:R ratio !
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low.
2. R:R ratio should be 1 :2 minimum
3. Plan as per your RISK appetite and Money Management.
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
HEROMOTOCO Formed Inside Candle PatternFWB:NSE : HEROMOTOCO Formed Inside Candle Pattern
Inside Candle Formed on Weekly Chart ..
Either Side Breakdown or Breakout is Possible
the Range is So Important
if Breaks Upside Then Possible Targets Are Marked
if Breaks Downside Then Possible Targets Are Marked
Investment (MULTIBAGGER) pick of the week. Hero Motor.Hero made its all time high in Sept. 17. After a long consolidation, last week, it has given breakout and closing above 4100. Now this stock is ready to fly. I love when fundamentally strong companies gives technical breakouts. Its the best time to make wealth. I am recommending this stock from 2900, however, this is still a very good buy for an Investor.
There will be 2 possible scenarios' in this case.
Once a stock hits all time high, there is a high probability it will take a major resistance and fall down. This, however, is a good opportunity for investor to make positions. Try to accumulate this stock between 3500 - 4100 range. If you get at lower price, even better.
If you get next 2 weekly closing above 4100, buy aggressively as that would confirm the breakout.
If you are ready to hold this stock for next 2-3 years, targets would be very agressive.
CMP - 4140 W
T - 5600, 8000 W
I don't think so. Anybody want to miss this 7 year old breakout?Leading motorcycle company got breakout after 7 year with all indicator bullets Rsi above 60 relative strength against nifty 50 is strong momentum already boiled eps revenue quarterly by quarterly good catch it
HEROMOTO WAVE 3 IS ONN
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.
