Hero MotoCorp I Bullish Signals – Time to Invest or Trade?
Trade Plan
Enter after strong Breakout of 3,896 levels, Stop loss below entry candle 15m time frame(Not more than (0.5%)
Pro Tip
As we are on a weekly support of the stock and it is taking support from it we could be seeing a trend day where the price consistently moves in one direction throughout the trading session, with minimal price reversals. So to capture the big move You can trail stoploss on previous swing or an EMA of your preference. Eg:10,20
Buy above 3,896.70 ( after close on 15m TF)
Target 1 - 3,950.95
Target 2 - 3,976.15
Target 3 - 4,015.55
Not an Investment Advise
Enter after strong Breakout of 3,896 levels, Stop loss below entry candle 15m time frame(Not more than (0.5%)
Pro Tip
As we are on a weekly support of the stock and it is taking support from it we could be seeing a trend day where the price consistently moves in one direction throughout the trading session, with minimal price reversals. So to capture the big move You can trail stoploss on previous swing or an EMA of your preference. Eg:10,20
Buy above 3,896.70 ( after close on 15m TF)
Target 1 - 3,950.95
Target 2 - 3,976.15
Target 3 - 4,015.55
Not an Investment Advise
Trade active
Draw your stoploss 3,911.13 (Previous swing low)
Today we either Breakeven or Go high with no downside for us today!!!
Note
80% Target 1 acchived!!!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.