tradepurge

HEROMOTOCO Rising Wedge + Inside Bar Setup

tradepurge Updated   
NSE:HEROMOTOCO   HERO MOTOCORP LTD
HEROMOTOCO on daily time frame is contracting along a rising wedge pattern which is almost about to breakout.
Combined with the bearish pinbar candle formed suggest a break of the high or low will give a good move.

Long above 2431
Short below 2369

Fixed target: 1% (or the nearest S/R)

NOTE: Trade with confirmation of momentum & volume on lower timeframes in intraday.
Trade closed: target reached:
TARGET 1% ACHIEVED @2345
Comment:
Absolutely melted!
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