STtraderr

Heromotoco in uptrend channel

Long
STtraderr Updated   
NSE:HEROMOTOCO   HERO MOTOCORP LTD
we can initiate a buy in heromotoco at level of
2365-70 for trgt of 2490 but place strict SL at 2355 (trades for 10 mins)
If it breaks this channel and falls then Sell
can be initiated at 2352-2348
for trgt of 2290 while SL be at 2370
Trade active:
Today 06 feb 2020, after opening at 2390
hit low 2376, then hit high 2421
After reversing from low of 2476, i enetered at 2385
using supertrend and booked half at 2415
i always recommend to make trade risk free as early as possible
Comment:
Update: Intraday High 2427
I always prefer to book profits intraday
as i get 6x intraday exposure so
even 1% gain of intraday converts to 6% positonal gains
so as per rule, always keep booking at every level of profits
Trade closed: target reached:
High Today 2496
Target of 2490 HIT !!!
Enjoy friends....
If want to learn, how to draw lines for profit...
contact me on 8178773712

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.