Go long if open flat or almost flat and cross level Go long if open flat or almost flat and cross level
HEROMOTOCO trade ideas
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
Hero Motocorp - Intraday Trade SetupHero Motocorp CMP - 3126.20
Looking bearish in shorter time frame. One can go for Intraday Trade setup with the following entry, exit & targets
Sell at or Below 3122 / Stop Loss - 3136
Target 1 - 3114
Target 2 - 3106
Target 3 - 3098
Disclaimer: This is my view and for educational purpose only.
Short term trade HEROhero motocorp has good fundamental strength, recent decrease share is due to decrease in the market share and sales. considering YoY growth company is loosing its fundamental strength. for short term swing it has around 5% profit.
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
