LONG $NSE:HONDAPOWER

Updated
The counter looks strong on the weekly charts and there seems to have been a halt after an up move last week. It looks like it is getting ready for another move to the levels of 2900-3000.
One can look to go long on the CMP or buy on dips for these targets with an sl of 2300 on daily closing basis below which it turns weak.

NOTE: NOT SEBI REGISTERED. THIS IS NOT AN INVESTMENT STRATEGY AND ONE SHOULD DO RESEARCH OR CONSULT WITH THEIR FINANCIAL ADVISOR BEFORE TAKING ANY INVESTMENT DECISIONS.THIS IS ONLY FOR EDUCATIONAL AND LEARNING PURPOSES.
Note
5% IN LESS THAN A WEEK. THE MOVE HAS BEGUN
Note
1ST TARGET ACHIEVED.
Note
ONCE IT CROSSES 2945 AND SUSTAINS 3000-3100 LEVELS CAN BE SEEN BUT IT IS NOT ADVISED TO ENTER AT THIS LEVELS.
Trade closed: target reached
MADE A HIGH OF 3000 EXACTLY
Note
3100 WHAT A MOVE
Chart PatternsTechnical IndicatorsTrend Analysis

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