Intraday sell to 2400

Jun 13, 2022

Hero is an intraday sell to 2400, given further fall in global indices/nifty below 16000.

Jun 13, 2022

Trade active

Hero is banking on future growth, several years/quarters down the line. Until then, it is expensive for buying.

Hero's delayed entry into electric vehicle market—and competition with existing electric-vehicle rivals would be challenges they face.

In the face of an economic recession, hero trying to boost sales by relying on EMI and debt will backfire and lead to unprecedented falls in the scrip.

Waiting for Hero to go few points up to place bearish positions, today.

Jun 13, 2022

Note

Entered short at 2604.

Jun 13, 2022

Note

Nifty auto down 1%, hero is yet to correct.

Jun 13, 2022

Note

Going to sell CE (call option) as well, will post updates.

Jun 13, 2022

Note

Further fall in auto nifty, going to sell CE option now.

Jun 13, 2022

Note

Nifty auto is 2 percent down. Hero yet to start correction.

Jun 13, 2022

Note

Auto nifty further down, hero is yet to correct. Will hold positions till next quarterly results.

Jun 13, 2022

Note

Nifty closing 15 minutes earlier today, because of selloff.

Jun 13, 2022

Trade closed manually

Okay, we might have 15 more minutes.

Booking futures short at smaller profit, will re-enter if there's an upmove.

Holding the sold CE. Will accumulate CE (sell call option) if there's an upmove.

Jun 13, 2022

Note

Will wait for upmove before accumulating more positions.

Jun 14, 2022

Note

Opportunity to sell CE again, now.