Check The Speed of Hero Motocorp || Grab before it's too late.

מעודכן
Hello Dear, Traders & Investors. I hope you all are doing good in trading and in your life as well. Well i have brought once again an analysis on a stock with all my knowledge and power.

Today Auto Sector was in limelight whole day, Nifty Auto gain intraday 1.46% today and made all time high at 15304.20 levels. Overall Auto Sector has done well in last one year. Nifty Auto has climbed 31.18% in last one year.
Now come to our Analysis on Hero Motocorp. This is a Multi Year Analysis. Well i have Marked all the best levels like Entry, Target and Stop loss on chart.

We have seen an Inverted Head & Shoulder pattern breakout in Hero Motocorp and after retesting it's neckline, Hero Motocorp has became Rocket in today's session and gain intraday 4.24% till days closing, and made 52 weeks high as well at 3172. Well it has given a breakout in today's session at all near term resistance as well. This is also the best levels to go long from here for upside. But safe trader i think they should wait for falling resistance trendline breakout as well. For investor these are the best levels also to go long.

For safe Trader:-
Buy above- 3266
Targets- 3631/4090
Stop loss- 3090


Fundamental Analysis For long Term Investors:-

Market Cap
₹ 63,113 Cr.
Current Price
₹ 3,158
High / Low
₹ 3,172 / 2,246
Stock P/E
22.5
Book Value
₹ 833
Dividend Yield
3.17 %
ROCE
23.6 %
ROE
17.2 %
Face Value
₹ 2.00
Debt
₹ 568 Cr.
EPS
₹ 141
PEG Ratio
-4.73
Promoter holding
34.8 %
Intrinsic Value
₹ 1,743
Pledged percentage
0.00 %
EVEBITDA
13.6

PROS

Company is almost debt free.
Stock is providing a good dividend yield of 3.17%.
Company has been maintaining a healthy dividend payout of 75.0%

CONS

The company has delivered a poor sales growth of 1.03% over past five years.


Well, That's it, i have done my analysis now. I think these are the best levels to go long for long term investment. This is a good dividend paying stock with healthy payout ratio.

Note:- Always trade with stop loss, because it will save you from unexpected losses if market went opposite to your Analysis.

Disclaimer:- I Might be wrong in this analysis, so please always do your own analysis or consult with your financial advisor before taking any kind of trades.

Please like, follow and comment your thoughts on my idea.
Thankyou.

Regards
Rahul Pal
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תמונת-בזק
Neckline breakout and retest has been completed, now it will become rocket.
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תמונת-בזק
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Guy's best entry got triggered above 3266, now you can hold this for Targets, momentum should continue from here

תמונת-בזק
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תמונת-בזק

Stock is near to our 1st Target, Enjoy the rally
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Enjoy the rally guy's
1st Target successfully done.
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It's a Wow moment...
sometime it takes time
That is why patience is the key in trading and investing

תמונת-בזק
הערה
Congratulations all targets has been achieved, Now Hero motocorp is making HH and HL pattern on daily timeframe, we can see this continuation towards 4800+ levels.
תמונת-בזק
breakoutChart PatternsheromotocorpTechnical IndicatorsInverse Head and ShouldersinvestinglongtermanalysisportfoliostockStockstradingTrend Analysis

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