Heromotocorp
Hero Moto : Trendline SupportHero Moto is standing at trend line support of 2450-2460. It has still not come out of downward momentum but 2460-2470 can be used to initiate a risky buy position with stop loss 2410 for 2700. Overall 1st sign of reversal will be seen only above 2595 and 2nd above 2760.
If it doesn't come to 2460 and before that move past 2595 then buy with stop loss of 2540 for target of 2720.
MyAlgo : xMRSI-Progresser: Intraday : 17Oct-HEROMOTOCO-LongBased on my xMRSI-Progresser predictive trading methodologies, its going to be a GREEN candle on 17-Oct-2018 for HEROMOTOCO
Buy Above(5Min candle close): 2902.4 for targets -
T1: 2924.2
T2: 2937.2
T3: 2950.9
SL: 2879.2
Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and please do your own research before attempting any. The profit/loss made by you due to this call, is solely your own responsibility. Thanks, All the best. Happy Trading. :-)
MyAlgo : xMRSI-Progresser: Intraday : 27Sep-HEROMOTOCO-ShortBased on my "xMRSI-Progresser" predictive trading methodologies, its going to be a RED candle on 27-Sep-2018 for HEROMOTOCO
Sell Below(5Min candle close): 3092.3 for targets -
T1: 3069.1
T2: 3055.2
T3: 3040.7
SL: 3117
Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and please do your own research before attempting any. The profit/loss made by you due to this call, is solely your own responsibility. Thanks, All the best. Happy Trading. :-)
CNX AUTO is at an crucial levelAuto Stocks may be at a crucial level.
Index has been creating a falling wedge pattern closely following the mentioned trend line.
A weekly close below the red line may be bearish and targets upto 9920 levels.
Similarly weekly closing above the falling trend line may signal uptrend till previous highs.
Lot depends on news flow and earnings so lets see...