dravya
Long

HEROMOTO - Something's cooking ?

NSE:HEROMOTOCO   HERO MOTOCORP LTD
120 5 6
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 !!
Comment: Not exiting at black line, currently, volume dry up. Will wait for confirmation, otherwise still long.
Comment: Crucial daily level breakout which has submerged. Would exit tomorrow around 3320. Re-entry not fixed. Let's see.
Comment: Something doesn't seem all right in this. and hope kills in trading. so id rather take a small loss.
Trade active: Stays above 3320.
Trade closed: stop reached: Exit triggered at 3320. 28 points loss, less than 1 %. It's fine.
Thanks for Simple Strategy. What is target?
Reply
dravya AMBRISH
@AMBRISH, You're welcome.
Target should be above 3400 with TSL.
Reply
AMBRISH dravya
@dravya, Thanks,
Reply
dravya AMBRISH
@AMBRISH, You're welcomed to share if you do get the target or get stopped out :)
Reply
AMBRISH dravya
@dravya, Yes, I will .
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