A TECHNICAL VIEW ON HERO MOTCORP LTD-21.7.2025

 

HERO MOTCORP LTD

TTM/EPS;-Rs.218.19 (+16.85%yoy)

TTM/PE:-20.08 /SECTOR PE:-31.05

BOOK VALUE:-Rs.950.45

PRICE TO BOOK VALUE:-4.63

DIVIDEND YIELD:-3.75%

FACE VALUE: - Rs.2/

EQUITY: - 40 cr.

SHARE HOLDING PATTERN: - PROMOTER—34.70% ---FII---27.40%----DII---27.90% & PUBLIC---9.90%.

All-Time High: --6246.25 made on 24.9.2024.

All-Time Low: --17 made on 4.7.1995.

Recent Low: - 3344 made on 7.4.2025.

Open---4450----High---4484---Low—4387.20---Close---4396.70 on 18.7.2025. 

Support:4374.70/4350/4251/4190/4174.80/4168/4160.60/4158.10/4091.95/4000—3997/3929.85/3757.65/3725/3664/3495/3461/3344 

Resistance:4414.65/4445/4470/4486.70/4522.95/4625/4673.25/4725/4779.75/4910/4949.05/4991/5127.50/5225/5266/5390/5411/5548/5594.95/5602.35/5660/52728.30/5775.70/5894.55/6145.95/6246.25. 

(Bold and underlined figures are most important)

Technically it is shaping up well for a good up-move in coming times. Please note that at present it is moving in a very important range of 4523----4217-----4158 now, moving down if it holds the level of 4158 on the closing basis, then the chances of up move will be alive, else it may start to drift down and moving down the worst price level for the stock at this point of time seems to be in the range of 4030----3930, it is a strong bounce back range but if it moves below this range and sustain on the closing basis then it may witness an accelerated down move and it could retest its recent low of 3344 or may go below also. Similarly if it moves above 4523 and sustain on the closing basis then it will gain good strength and may surge ahead and then the broad upside target could be 4795----5137---5561---5665---6246.25(for in between target points see the resistance table on the upside), it can correct at any of these points and may resume the up move again, but if it moves above 5665 and sustain on the closing basis then it could retest its all-time high of 6246.25 or may go-beyond it also. 

In view of the above observation small quantity can be accumulated on every decline but not below 4158 with a short & strict stop loss of 4000 on the closing basis but the authentic stop loss would be below 3930 on the closing basis. Please note that it may give a return of 25—40% or more in a time frame of 12-15 months. 

NOTE: - DO NOT INVEST WITHOUT STOP LOSS. 

NOTE: - It is a technical assessment of the stock as of now, the technical interpretation changes with the price movement and time, therefore it has to be reviewed at regular intervals, furthermore  investors are advised to look into fundamental, financial details of the company because that too keeps on changing and last but not the least management perception for the future of the company before taking investment decision.

Disclaimer:-The view expressed here are solely of the author and he is not at all responsible in any way for the outcome of the trade you enter based on the above view. It is for the educational purpose. 

Kindly note that make your cost your stop loss in favorable  trade and then trail it as the price move up/down to gain maximum profit and avoid losses. Use support and resistance levels as entry, exit, target and trailing stop loss points. DO NOT TRADE WITHOUT STOP LOSS. 

Note: Price stated here are of spot market. 

Contact me for strategic guidance to enter and exit trade. 

Thanks 

Narendra Kumar Surana

suranank@gmail.com

Mobile—8240951127/9831313654.

 

Trading Calls For-31-12-14

Trading Calls For-24-7-14

Trading Calls For-7-7-14

Trading Calls For-19-6-14

Trading Calls For-16-6-14

Trading Tips (For 19-5-14 ,3 Buy Call & 8 Sell Call)

1.ADITYA BIRLA NUVO  CMP RS.1174.45 ON 16-5-14

  Buy above 1188.80 with a stop loss of Rs.1185 for a target of Rs.1220

REMARKS;- Buy Call for the day 19-5-14 ,at least make cost your stop loss in favorable trade so that you cannot make  loss if market start  moving the other way.

 

2.AMBUJA CEMENTS CMP RS.224.35 ON 16-5-14

  Sell  below 222.30 with a stop loss of Rs.225 for a target of Rs.214

REMARKS;- Sell Call for the day 19-5-14 ,at least make cost your stop loss in favorable trade so that you cannot make  loss if market start  moving the other way.

 
3.NMDC CMP RS.161.90 ON 16-5-14

  Buy above 164.10 with a stop loss of Rs.162 for a target of Rs.171

REMARKS;- Buy Call for the day 19-5-14 ,at least make cost your stop loss in favorable trade so that you cannot make  loss if market start  moving the other way.



4.EXIDE INDS CMP RS. 122.90 ON 16-5-14

  Buy above 122.90 with a stop loss of Rs.121 for a target of Rs.129

REMARKS;- Buy Call for the day 19-5-14 ,at least make cost your stop loss in favorable trade so that you cannot make  loss if market start  moving the other way.



5.CIPLA CMP RS.388.25 ON 16-5-14

  Sell  below 384.50 with a stop loss of Rs 389 for a target of Rs.368

REMARKS;- Sell Call for the day 19-5-14 ,at least make cost your stop loss in favorable trade so that you cannot make  loss if market start  moving the other way.



6.DR.REDDYS LAB CMP RS.2406.90 ON 16-5-14

  Sell below 2400 with a stop loss of Rs.2410 for a target of Rs.2340

REMARKS;- Sell Call for the day 19-5-14 ,at least make cost your stop loss in favorable trade so that you cannot make  loss if market start  moving the other way.

 
7.CROMPTON GREAVES CMP RS.171.10 ON 16-5-14

  Sell below  170.25 with a stop loss of Rs.172 for a target of Rs.162

REMARKS;- Sell Call for the day 19-5-14 ,at least make cost your stop loss in favorable trade so that you cannot make  loss if market start  moving the other way.

 
8.HDFC LTD. CMP RS.885.80 ON 16-5-14

  Sell below 885 with a stop loss of Rs.892 for a target of Rs.865

REMARKS;- Sell Call for the day 19-5-14 ,at least make cost your stop loss in favorable trade so that you cannot make  loss if market start  moving the other way


9.HERO MOTOCORP CMP RS.2397.65 ON 16-5-14

  Sell below 2381 with a stop loss of Rs.2398 for a target of Rs.2305

REMARKS;- Sell Call for the day 19-5-14 ,at least make cost your stop loss in favorable trade so that you cannot make  loss if market start  moving the other way

 10.SUN PHARMA CMP RS.613.50 ON 16-5-14

  Sell below 611 with a stop loss of Rs.615 for a target of Rs.595

REMARKS;- Sell Call for the day 19-5-14 ,at least make cost your stop loss in favorable trade so that you cannot make  loss if market start  moving the other way
 

11.TITAN COMPANY CMP RS.307 ON 16-5-14

  Sell below 305.15 with a stop loss of Rs.308 for a target of Rs.290

REMARKS;- Sell Call for the day 19-5-14 ,at least make cost your stop loss in favorable trade so that you cannot make  loss if market start  moving the other way



NOTE:-1.PRICE STATED HERE IS OF SPOT MARKET.

                   2.RECOMMENDATIONS ARE VALID TILL THE STOP LOSS IS TRIGGERED.

                   3.IN FAVORABLE TRADE TRAIL YOUR STOP-LOSSES FOR MAXIMUM GAIN AND CAPITAL PROTECTION. 

 Contact me for strategic guidance to enter and ex

Trading Ideas (For Week Starting from-14.4.2014)

1.  ADITYA  BIRLA  NUVO Closing Price on 11.4.14 Rs1150

Range for the week is :- 1162.75 -- 1060

SUPPORT:- 1130 / 1104 / 1062 / 1045 / 1032.

RESISTANCE:- 1163 / 1194 / 1228 / 1284 / 1291.

Since the stock has closed near the upper end of the range,so it is expected that the up move would continue.The following trading option are available in this stock.

(A) Go long in the stock only if it crosses 1162.75 and stays above this with a stop loss of Rs.1158 or near Rs.1135 with a stop loss of  Rs.1129 for the aforesaid targets(see  resistance points)

(B) Aggressive and  contrarian  trader can try short position near 1160  with a strict stop-loss of Rs.1165/
      for the aforesaid targets(see  support  points)

REMARKS:-Bias in the stock is up but the trader should take trading call after watching the market for some time and looking at the aforesaid levels.

2.AMBUJA  CEMENTS Closing Price on 11.4.14 Rs 217.20

Range for the week is :- 217.80 -- 210

SUPPORT:- 212.50 / 202 / 182

RESISTANCE:- 217.80 / 223 / 250 / 270.

Since the stock has closed near the upper end of the range,so it is expected that the up move would continue.One can go long in the stock above Rs.217.80 only with a stop loss of Rs.215.50 for a target of Rs.223 and if it crosses it and stays above  it then it can go upto Rs.250/270.

REMARKS :-Bias is up .


3.BANK OF BARODA  Closing Price on 11.4.14 Rs,777.85

Range for the week is :- 798.10 -- 739 

SUPPORT:-739 / 731 / 689.

RESISTANCE:- 798.10 / 809

One can try selling the stock below 771.75 with a stop loss of Rs.778.50 for a target of Rs.739 / 731.

REMARKS:-Trend is o.k but may give down correction from here,therefore the sell call


4.BHARAT  FORGE Closing Price on 11.4.14 Rs,438.15

Range for the week is :- 449 -- 422.30

SUPPORT:-422 / 416 / 395 / 378.25

RESISTANCE:- 445.85 / 449

One can try short call at current rate or near 445 with a stop-loss of Rs.449.50 for a target of Rs.422 / 416.

REMARKS:-Trend is up but may give down correction from here,therefore the sell call.


5.HCL TECH  Closing Price on 11.4.14 Rs,1400.65

Range for the week is :- 1411.70 -- 1335

SUPPORT:-1371 / 1364 / 1335 / 1234

RESISTANCE:- 1441 / 1457 / 1471 / 1522 / 1590

Since the stock has closed near the upper end of the range,so it is expected that the up move would continue.One can go long in the stock at current rate with a stop loss of Rs.1390 for a target of Rs.1441 / 1457 / 1471 / 1522.

REMARKS :-The stock is in down correction but a up rally is expected from here.


6.HERO MOTOR CORP Closing Price on 11.4.14 Rs,2174.05

Range for the week is :- 2254.40 -- 2164.70

SUPPORT:-2150 / 2104 / 2060 / 2005

RESISTANCE:- 2209 / 2254 / 2300.

The stock is showing weakness of price movement because it has closed the week near the lower end of the range.One can try short call in the stock below 2164 with a stop loss of Rs.2176 for the aforesaid targets.

(see  support  points).

REMARKS:-Trend is up but may give down correction from here,therefore the sell call.

7.INDUSIND BANK Closing Price on 11.4.14 Rs,490.15

Range for the week is :- 520.50 -- 488.31

SUPPORT:-468 / 456 / 445 / 427

RESISTANCE:- 510 / 520.50

The stock is showing weakness of price movement because it has closed the week near the lower end of the range.One can try short call in the stock below 488 with a stop loss of Rs.492 for the aforesaid targets.

(see  support  points).

REMARKS:-Trend is up but may give down correction from here,therefore the sell call.


8.ICICI BANKClosing Price on 11.4.14 Rs,1236.05


Range for the week is :- 1269.85  -- 1202.40

SUPPORT:-1202 / 1191 / 1188 / 1182

RESISTANCE:- 1241.50 / 1269.85 / 1276

One can try short call at current  with a stop-loss of Rs.1245 for a target of Rs.1226 / 1202 / 1191 / 1188 / 1182.

REMARKS:-Trend is up but may give down correction from here,therefore the sell call.


9.TATA MORS Closing Price on 11.4.14 Rs,423.60

Range for the week is :- 437.80 -- 400.85 

SUPPORT:-414 / 410 / 400.85.

RESISTANCE:- 437.80

One can try selling the stock below 422 with a stop loss of Rs.425 for a target of Rs.414 / 410 / 400.85

REMARKS:-Trend is up but may give down correction from here,therefore the sell call.


10.TATA STEEL Closing Price on 11.4.14 Rs,419.85


Range for the week is :- 424.80 -- 398.20

SUPPORT:- 411 / 402 / 398 / 393.75

RESISTANCE:- 425 / 435.50 / 448 / 455.60

Since the stock has closed near the upper end of the range,so it is expected that the up move would continue.The following trading option are available in this stock.

(A) Go long in the stock only if it crosses 425 and stays above this with a stop loss of Rs.423 for the aforesaid targets(see  resistance points)

(B) Aggressive and  contrarian  trader can try short position near 424 with a strict stop-loss of Rs.427 or sell below 411 with a stop loss of 413  for the aforesaid targets(see  support  points)

REMARKS:-Trend in the stock is up but the trader should take trading call after watching the market for some time and looking at the aforesaid levels.In my view range between 424.80-411 is a no trade zone,trade only if it breaks either 425 mark upward or 411 mark downward or as per above available option.

                                    DO NOT TRADE WITHOUT STOP-LOSSES

NOTE:-1.PRICE STATED HERE IS OF SPOT MARKET.

          2.RECOMMENDATIONS ARE VALID TILL THE STOP LOSS IS TRIGGERED.

          3.IN FAVORABLE TRADE TRAIL YOUR STOP-LOSSES FOR MAXIMUM GAIN AND CAPITAL PROTECTION. 

 Contact me for strategic guidance to enter and exit the trade