HEROMOTOCO trade ideas
HeroMotors potential short trade after Sales data releaseHeromotors back to Pre-Covid levels,
They sold 500k+ units in January,
last month 100k+
if this month sales volume doesn't catchup to Jan levels or YoY, this is good #Short trade to do.
HEROMOTOCORP SWING TRADING SELL OPPORTUNITYSINCE LATE MARCH-2020 HEROMOTOCORP STOCK HAS NEVER GAVE ANY SIGNS OF WEAKNESS ON H-4 OR HIGHER TIME FRAME CHART. CURRENTLY STOCK IS TRADING AT PREVIOUS STRUCTURE RESISTANCE, WHERE CHART WAS HELD ON 07-JULY-2020. YESTERDAY, 17-JULY-2020, BULLS TOOK STOCK TO RE-TEST SAME RESISTANCE AREA, WHICH MAY TURN INTO DOUBLE TOP FORMATION IF GETS REJECTION TOWARDS DOWN SIDE.
AGGRESSIVE TRADERS CAN WAIT FOR ANY SIGNS OF WEAKNESS IN PRICE ON LOWER TIME FRAME TO GET EARLY ENTRY IN POTENTIAL BEARISH SWING TRADING OPPORTUNITY. WHICH WILL GIVE THEM BEST RISK REWARD TRADING SETUP. WHERE AS CONSERVATIVE TRADERS SHOULD WAIT FOR BEARISH SIGNAL ON H-4 TIME FRAME TO CONFIRM DOUBLE TOP FORMATION.
AS PER SUPPORT AND RESISTANCE BASED TRADING SYSTEM, WE CAN PREDICT THAT IF CHART GETS REJECTION AT PREVIOUS RESISTANCE (DOUBLE TOP FORMATION IN THIS CASE), IT MAY RUN TOWARDS "ICE ZONE" (PREVIOUS SUPPORT TURNS RESISTANCE, VICE VERSA) AROUND INR 2250.
Tech Analysis 4 HEROMOTOCO This is stock fully recovered from the crash happened due to COVID 19. Now we have strong resistance from the 1st quarter 2020. If it broke it will go UPto last quarter 2019.
HEROMOTOCORP Positional trade opportunity with favorable RRDetails have been provided in chart.
For entry , will have to wait for pullback to specified entry price in chart.
Today’s performance report June 30 2020Today’s performance report June 30 2020
Dear traders it’s great to be here sharing ideas and thoughts with each one of you.
Coming back to business, we have given 2 recommendations today
1. Hero MotoCo- Target reached profits made
2. Bank nifty - Target reached profits made
Our total 5 signals today (given to subscribed clients) each signal reached targets and achieved profits for our clients. Here on this trading view platform we are however posting few signals to check our accuracy.
Many people made huge profits today and as per my predictions , the market was running same direction and entry and exit strategies where bang on target.
Well done team!
Our signals are based on analytics, algorithms, mathematical derivatives.
Always be a responsible trader, kindly trade only when you have maximum opportunity in the market with minimum risk and with keynotes like data,analysis and proper strategies.
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HEROMOTCO 30 JUNE 2020HEROMOTCO 30 JUNE 2020
CASH HEROMOTCO BUY ABOVE 2551 SL 2533 TARGET 2559/2569/2579
Dear traders kindly follow our signals for maximum profits, our signals are based on analytics, algorithms, mathematical derivatives.
Always be a responsible trader, kindly trade only when you have maximum opportunity in the market with minimum risk and with keynotes like data,analysis and proper strategies.
Kindly message me for profit making signals and trades.
Also please read the comments section for changes i give if any changes in the entry level
Sell Hero Motocorp Ltd | Expected Profit 13-15%Goodluck Capital Recommendation
Sell Hero Motocorp Ltd (NSE: HEROMOTOCO)
CP# - 2540.45
Sell Range - 2620-2520
Target - 2280-2250
StopLoss* - 2690
Duration - 15-20 trading days
Potential Return^ 11-13%
Risk : Reward = 2 : 5
# Closing price on Jun 26, 2020.
* Maintain recommended StopLoss by daily closing basis.
Once 1st target hit, reset StopLoss at 2410.
^ Potential returns are calculated based on the median of sell range.
#HEROMOTOCORP#HEROMOTOCORP Heromotocorp is trading in the downtrend in longer time interval, having downward sloping trend line having resistance zone placed at 2620.
Heromotorp has formed deep crab pattern with PRZ at 2620. View negate above 2670 on closing basis.
#HEROMOTOCORPHeromotocorp is trading in the downtrend in longer time interval, having downward sloping trend line having resistance zone placed at 2620.
It has formed deep crab pattern with PRZ at 2620. View negate above 2670 on closing basis.
