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dravya
Mar 16, 2017 9:19 AM

HEROMOTO - Something's cooking ?  Long

HERO MOTOCORP LTDNSE

Description

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.
Comments
AMBRISH
Thanks for Simple Strategy. What is target?
dravya
@AMBRISH, You're welcome.
Target should be above 3400 with TSL.
AMBRISH
@dravya, Thanks,
dravya
@AMBRISH, You're welcomed to share if you do get the target or get stopped out :)
AMBRISH
@dravya, Yes, I will .
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