ajeetsingh
Long

Heromotoco in uptrend channel

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

Comments

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