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Shorting opportunity in Heromoto..!!

Short
NSE:HEROMOTOCO   HERO MOTOCORP LTD
Why to watchout this stock for short selling:

Tick 1 : Bearish pattern formation.
Tick 2 : Stock consolidating on 200 DMA which is acting as a strong resistance.

When to take a position:

Breakout of the wedge is the right point to enter with a stoploss of 50% of the range in which stock is moving.

** Manage your risk and trade with proper analysis..
Comment: It is performing as suggested keep an eye on it.
Trade closed: stop reached

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