Buy HeroMotocorp Shortterm Positional

Stock has made a double bottom kind of formation and stock has bounced back from its major support level of 2580. Stock looks good to go long for a target of 2713/2760/2807/2874 with positional stoploss below 2600. Outlook week to a month.

Comment:

Disclaimer: Objective of this post is to educate and help all members earn profit from trading. I am not a SEBI registered analyst and strongly recommend people not to trade in NSE/BSE/MCX market basis above recommendations. All the stock picks are momentum picks chosen using technical indicators and for education purpose only. I am not responsible for profit and losses or SEBI audits arising out of the above calls. Stock market trading and investment is subject to market risks. Contact your financial advisor before taking trades or trade at your own risk.

Comment:

First target 2713 met.

Comment:

This position was closed on 26th when it fell below previous day close of 2712. Delayed update.

Trade closed manually:

This position was closed on 26th when it fell below previous day close of 2712. Delayed update.