HEROMOTOCO - IntraDay Trade Analysis

Last Updated Time : 02 Aug 25, 12:58 am

📊 IntraDay Trade Rating for HEROMOTOCO: 4.0

Hero MotoCorp presents itself as a solid intraday candidate for today’s session, bolstered by improving fundamentals, favorable momentum, and strategic price levels. Here's how it stacks up

🔍 Key Technical & Fundamental Observations

Momentum Indicators

RSI (50.6): Neutral, showing room for directional push.

MACD (7.28): Positive crossover and rising — bullish intraday bias.

Price & Averages

Current Price (₹4,325) is above both DMA 50 (₹4,268) and DMA 200 (₹4,292) → Trend confirmation.

Volume Activity

Slightly below average, but steady; a spike in volume could push the stock quickly.

Fundamentals & Valuation

PEG (0.85): Undervalued relative to growth.

P/E (20.3) vs Industry PE (31.1)*: Still attractive.

Strong ROCE (30.3%) and ROE (23%) — operationally efficient.

Quarterly Profit Growth (24.2%): Momentum backed by earnings.

💡 Intraday Trade Plan

🔸 Fresh Entry Strategy

Optimal Buy Price: ₹4,310–₹4,315 (Enter on minor pullback or consolidation with volume support)

Profit Target: ₹4,355–₹4,375

Stop Loss: ₹4,295 (Structure near 200DMA for cushion)

🔸 Holding Positions Strategy

Exit Zones

If price reaches ₹4,355+ quickly: Consider profit-taking in tranches.

If price drops below ₹4,295 with increasing volume: Momentum fading — exit recommended.

Trailing Stop Idea: ₹4,310 (Lock gains if breakout sustains)

🧭 Overall Verdict

With strong earnings momentum, a solid technical setup, and an appealing valuation, Hero MotoCorp offers a favorable short-term opportunity. While volume could be stronger, price behavior around key averages and MACD strength offer confidence for nimble traders.

Want help analyzing exit points later in today’s session? Just ping me mid-day and I’ll reassess in real time.

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