NSE HEROMOTOCO: Are Bulls Strong Enough to Sustain Impulse?

Free nse heromotoco chart calls

Timeframe: 30 min

Brief analysis:
HEROMOTOCO has started a five-wave impulse cycle from the low of 2745.5. Price has accomplished wave Y of wave (4) and started impulsive wave (5). Buyers will have an opportunity with a captivating risk reward to ride the trend after confirmation for the following targets: 3167 – 3210 – 3260+.

In-depth analysis:
NSE HEROMOTOCO has formed an impulsive cycle after an extreme low. In this case, the security is trading above the 20,50, 100, and 200 EMAs, which indicates that the bulls are in control. The formation of wave two was a running flat which retraced 0.618% of wave (1) at 2795. The third wave was an extensive wave that extended 3.618% of wave 1.Continue reading

BANKNIFTY – Trading insights & Updates

Did you traded NSE BANKNIFTY’s Trade Setup?
Visit here: EWT – NSE BANKNIFTY Poised For Final Wave C

Free nse banknifty chart callsBEFORE

We had written clearly, “To take advantage of this potential upward movement, traders may want to consider entering trades as long as the price remains above 44091 for following targets: 44430 – 44840 – 44912+”.

Free nse banknifty chart callsAFTER

[Timeline]

[28 June 2023]

  • 11:20 AM – Price touched the first target of 44430.

[30 June 2023]

  • 09:45 AM – Price made a new high of 44668.

[03 July 2023]

  • 09:15 AM – BANKNIFTY hit the second target of 44840.
  • 09:20 AM – BANKNIFTY hit The Final target of 44912.

[04 July 2023]

  • 01:15 PM – Price made a new high of 45654.

We will update further information soon.

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