HEROMOTOCO trade ideas
Breakout and RetestBreakout and Retest of horizontal plus falling trend line. Bullish flag formation.
HEROMOTOCO - FIbo & Multi time frame analysis + flag patternAll The Levels And Patterns Are Marked On Charts, Red Zone Denotes Supply Zone And Green Is For Demand Zone.
BUY NEAR 3225 if the price is supported. In case the price breaks the lower trend line in 5 mins time frame, it can take support from 3208, if that gets broken 3184 will be the next support level .
The Indicator Used:
1) Daily Lines Plots Daily 20 (BLACK) & 50 EMA (GREY), BLUE (200 DAILY EMA ) On Lower Time Frame Charts. - Not Used Here.
2) TE-REKAB - Proprietary Indicator
KEYS:
PB: Pullback
Blue Candle: Selling Divergence
Yellow Candle: Buying Divergence
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The analysis is my POV, hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!!
Hero Motocorp - Intraday Trade SetupBiocon CMP - 3197.70
Looking bullish in higher time frame. One can go for Intraday / Swing Trade setup with the following entry, exit & targets
Buy at or Above Only 3210 / Stop Loss 3188
Target 1 - 3220
Target 2 - 3232
Target 3 - 3245
Disclaimer: This is my view and for educational purpose only.
Hero Motorcorp Long Position A good Triangular Pattern breakout
Keep Target price at T1 at 3460 , T2 at 3750
stop loss at 3030 closing basis
HeroMotoCo BreakOut Opportunity for Swing TradingNSE:HEROMOTOCO
BUY at CMP
1st T@rget : 3200
2nd T@rget : 3290
SL : 3096
HeroMotor looking good to zoom !!After crossing the downtrend line, made a good rally to 3200 and after weekly doji in Dec2020, 2021 jan week made a good upmove.
Looking good for 3300 and 3600 levels.
Heromotoco LongHeromotoco
Cmp 3160
Breakout candidate on daily charts this week
Support 3040-3050
Upside 3200 3300 3400+
HEROMOTOCO on the verge of Breakout. Target Price 3600++
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 ++
HEROMOTOCO | 08 January 202108 January 2021 HEROMOTOCO | Looks good above 3166. Target open. SL 3063
Hero Motocorp - Intraday Trade Setupero Motocorp CMP - 3113.65
Looking bearish in higher time frame. One can go for Intraday Trade setup with the following entry, exit & targets
Sell at or Below 3105 / Stop Loss 3123
Target 1 - 3095
Target 2 - 3080
Target 3 - 3070
Disclaimer: This is my view and for educational purpose only.
HERO MOTORCOP should be grabbed from demand zone before it booomHERO MOTORCOP should be grabbed from demand zone before it booom
Go long if open flat or almost flat and cross level Go long if open flat or almost flat and cross level
HEROMOTOCOI'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
Hero Motocorp - Intraday Trade SetupHero Motocorp CMP - 3190.70
Looking bullish in higher time frame. One can go for Intraday / Swing Trade setup with the following entry, exit & targets
Buy At or Above 3193 / Stop Loss 3178
Target 1 - 3200
Target 2 - 3210
Target 3 - 3220 / 3230
Disclaimer: This is my view and for educational purpose only.
HEROMOTOCO 1HRBearish Shark & Butterfly Forming at daily resistance i.e RED Horizontal line so expecting retracement
Vaild entry will be if price breaks BLUE TREND LINE with RSI BELOW 70
SELL
