vanathi
Long

Hero Motocorp - Accelerating!

NSE:HEROMOTOCO   HERO MOTOCORP LTD
197 views
Hero Motocorp is in accumulation phase. Downward trend line has been broken. RSI postive divergence break confirms upside movement. Once the engines get enough power, it will move towards 3300. Journey is long, needs enough power to reach the destination. Happy Trading! https://in.tradingview.com/chart/QtD56IkU/
Trade active
Trade active: From 2980, progressing good.
Trade closed manually: Closed at 3046 as it looks like range bound trading.
Comment:
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Comments

Will it be 2800 before moving up?
Reply
vanathi kailasp4u
@kailasp4u, Its moving up now :)
Reply
kailasp4u vanathi
@vanathi, Nice follow up! Moving average crossover!
Reply
data is 5 min delay.Thanks for the post.i will buy heromoto.
Reply
vanathi bajajct100
@bajajct100, This trade is closed. I closed because I felt its not fundamentally strong.
Reply
bajajct100 vanathi
@vanathi, thanks for the warning.
Reply
Not yet active. Its not a bear flag. In bear flag, flag area will be slightly upwards. Accumulation area is horizontal.
Reply
rtrrajan vanathi
@vanathi, Thank you
Reply
rtrrajan vanathi
@vanathi, What's the sl for this trade ?
Reply
vanathi rtrrajan
@rtrrajan, Stoploss 2950, best buying price is 2980.
Reply
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