NSE:HEROMOTOCO   HERO MOTOCORP LTD
Hero looks weak as per recent price action. RSI negative divergence is also emerging. But I would like to see it closing below 21 DEMA and lower bottom both to take any short decision . First, I will buy at 2660-2660 with stop loss below 2597 for target 3060. If closes below 2600 then I will look for short opposunity
Comment: 2685-2660 range to initiate buy
Trade active: now buying at 2690 sl at 2650
Trade closed manually: next day made low of 2688. touched high of 2880 on 29 th July. I exited at 2795 when it was coming down after touching high. Average exit was still 2824
Comment: short is still there.at 2692. SL for short is 2793

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