Heromotocorp
HERO MOTOCORP Ascending broadening wedge pattern at monthly TF HERO MOTOCOPR LIMITED - Ascending broadening wedge pattern formation at monthly TF
Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient.
Disclaimer : All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
HEREOMOTOCONote:
• Avoid the stock if a big gap down is seen
• Enter after breakout happens and not before it
• Do not chase the market, i.e. do not get involved late entries
• Only enter with stritct stop-loss and target
• This is not a recommendation and is for education purpose only
• Always follow risk-reward and quantity management for the 100% of the times
• The above mentioned idea may not work so beware of the risk you are taking
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HERO MOTOCORP Long @3051Price is in a zone in 1Hr
Fractal Breakout Play
Long @3051 or Short @2974 - Both are Fractal extremes of Nov 26th. So it is the Day High-Low Breakout Entry Strategy.
For Long entry, consider taking profit @3097
For Short entry, consider taking profit @2948(TP1) and @2930(TP2)