Hero ya ZeroHero 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
Heromotocorp
Watchout HEROMOTO Its on IMP Level..!!Watch out for breakout. if it shows weakness than sell it for the target around lower part of the wedge.
I am taking long side because i think it has spent enough time in congestion zone and ready to move higher.
****Disclaimer****
Trade with risk management but don't get afraid of taking risks because the winner is who bets as well as never gets short of chips...!!
HEROMOTOCO Rising Wedge + Inside Bar SetupHEROMOTOCO on daily time frame is contracting along a rising wedge pattern which is almost about to breakout.
Combined with the bearish pinbar candle formed suggest a break of the high or low will give a good move.
Long above 2431
Short below 2369
Fixed target: 1% (or the nearest S/R)
NOTE: Trade with confirmation of momentum & volume on lower timeframes in intraday.
HEROMOTO Only for swing trading...
Buy HeroMoto on monday above 2032 for the target of 2250, 2300.
and
If stock move down then short below 1935 for the target of 1850, 1835.
not take any trade in this range of 1950 to 2030. ( you can do daytrade in this zone)
time period- 5days to 15 days. only for swing trading...
Happy Trading
Thank you,
Vishwajeet Sharma
INTRADAY TRADE IN HEROMOTOCORP FUTINTRADAY TRADE IN HERO FUT
BUY@2048
STOP@2020
TARGET@2080
QTY=400
!!please note trade with caution!!
!!manage your risk!!
!!trade-wise!!
!!please adjust for future rates!!
!!intra-day ideas series everday at between 9:30 to 10:30!!
OTHER OPTION
INTRADAY TRADE IN TVS MOTOR FUT
BUY@325
STOP@317
TARGET@334
QTY=2600