HEROMOTOCO trade ideas
Hero MotoCorp LongThere is buying opportunity in Hero MotoCorp with very good risk to reward ratio.
Reasons to go long are:
1. Weekly Consolidation after Trendline Breakout.
2. Closing above 10, 20, 50, 100, 200 EMA's can give good bullish signal.
HEROMOTOCO - Magephone patternDetails are given in chart.
Disc - Am not a SEBI registered. This idea is only for educational purpose and not a trading recommendation. Please take your own decision before taking any position.
My view on HeromotocoHeromotoco giving trendline breakout.Also inverse H&S pattern there.Looking target 2860-2900-2940++ in versy short term.Keeping on radar Heromotoco 2840 CE.
HEROMOTO buy for intraday tradingHEROMOTO buy for intraday trading if stock and auto sector also strong..........
heromoto bullish momentum for educational purpose only
weekly macd uptick
daily rsi above 60
daily adx is strong
daily bollinger band challenge with price is above 50 ema
HeroMoto - Ready for BreakoutHeroMoto: Getting ready for fresh round of BO. Formed proper Inv H&S. One can also say, it is made flag. Whichever pattern it is but a Good to buy around 2700, keeping risk of 50 points for tgt 2950 & 3150.
Hero Moto reversal structureHeromotoco is forming a classic reversal pattern of Head and Shoulders on the Daily chart. It also recently broke out of the descending channel pattern and the spike in volume shows the interest of traders recently.
HEROMOTONSE:HEROMOTOCO
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Hero MotoCorp at perfect risk/reward zone.Hero MotoCorp is has formed a cup and handle pattern and retested handle part today. This is perfect entry according to risk and reward.
HEROMOTOCO Haven't seen a cleaner Diamond breakout in quite some time.
Although diamond top upward breakouts have poor performance statistics, the Cleanness of this pattern + Above average Volumes on breakout + MACD bullish crossover is persuading me to take action.
Target 3130
Keep SL according to your risk appetite.
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DISCLAIMER: I am not a SEBI registered investment advisor.
This content is for educational purposes only.
Invest capital at your own risk only after doing your own due diligence
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heromotocorp breakoutafter breaking out channel.
making insider candle with inverted head and shoulder
entry 2780 stoploss 2680 target 2940,3000
HERO MOTOCORPHERO MOTOCORP making head and shoulders pattern in long term MONTHLY. it can reach 5900+ in next 2 years time. i.e 114% gains from present levels of 2750 on 31-jan-2022.
Hero Motocorp: Daily ChartHero Motocorp: Inverted Head & Shoulder in making. CMP 2690. Potential Upmove Targets could be 2790, 2950, 3090. SL 2590. Personal Observation for Study Purpose only.
Hero Motocorp Limited (LONG)Good volume seen
trading above 200 EMA on daily chart
Bounced back from 2300 level
W pattern seen
Consolidating between 2660 - 2780
ready for breakout
either take a BO trade above 2800 keeping SL at 2730
or accumulate between 2600 - 2660 for same targets
BUY between 2600 - 2660
SL 2596
TGT 2962 - 3194 - 3386 - 3490
Please do correlate by yourself also on charts. This is for paper trading and educational purpose only. Must consult your Financial advisor before investing.
HERO MOTOCORPThis stock is entraring out parforme price range.
Now Weekly breakout level.
All technical indicators are positive.
HERO MOTOCORPHi Good afternoon Guys!!
Today I took sell trade on Hero Motocorp I'll tell you why
1) it was in the channel as we can see on 15 min TM and there in is breakdown from the channel so after retest i placed sell order and Stop loss AND Target I have put on the chart it is going good as of now will wait till my target or 200 MA.
2) Nifty is very weaker today. AND I've placed my stop loss to breakeven.
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I'm posting this for only my history
1) took 1 trade in Hero motocorp, found 1 trade on nifty but i realize that it is gambling that I've done I thought market fallen 200 or 2% now but it was good level o support but should not trade on the basis of this mindset that's why it cost me my money and even if this trade makes me money i will be on breakeven so avoid this..
I have to wait for proper retest or breakout like this trade that'll make money and as well for long term i would make money.
any one who's reading they can let me know my mistakes so I can groww.
"Long HEROMOTOCORP"Heromotocorp looking Bullinsh above 2785 , Faliing trendline breaking with increasing volume , outperforming nifty
wait for close above 2785
HEROMOTCO 1W TFHEROMOTOCO is currently at a crucial level and ready to start it's upmove. With Good R:R , it is goood to enter at the current price.
CMP :- 2462
Target :- 3630
SL :- 2300
R:R :- 1:7
Also start trailing once it crosses 2600 and if it faces issues in braking 27-2800 level, you can book your profits else keep it running.
Disclaimer :- This is just my view. Please analyze charts yourself and then decide to take any trades. This is just for learning purpose.
