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HEROMOTO - Something's cooking ?
HERO MOTOCORP LTD
Long
HEROMOTO - Something's cooking ?
By dravya
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Updated
Mar 20, 2017
7
5
5
Mar 16, 2017
CMP - 3348
You can see huge buying interest above the black support line.
This has a nice probability of going upwards now.
Going long.
Will exit below black and re-enter if signs of strength re-emerge.
Cheers !!
Mar 20, 2017
Note
Not exiting at black line, currently, volume dry up. Will wait for confirmation, otherwise still long.
Mar 20, 2017
Note
Crucial daily level breakout which has submerged. Would exit tomorrow around 3320. Re-entry not fixed. Let's see.
Mar 20, 2017
Note
Something doesn't seem all right in this. and hope kills in trading. so id rather take a small loss.
Mar 21, 2017
Trade active
Stays above 3320.
Mar 22, 2017
Trade closed: stop reached
Exit triggered at 3320. 28 points loss, less than 1 %. It's fine.
heromotocorp
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dravya
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