HEROMOTOCO SWING ANALYSIS HEROMOTOCO IS ON EXTREME SUPPORT AND TRENDLINE SUPPORT AS WELL AS IT IS SHOWING DIVERGENCE
ON 1 DAY CHART AND RSI IS ALSO GETTING STRONGER AND IS ON THE SUPPORT OF LOWER BAND OF BOLLINGER BAND
AND ALSO YOU'RE GETTING THIS STOCK ON DISCOUNT SO FOR BOTH SWING AND LONGTERM IT IS BETTER
TILL WE WILL WAIT FOR HIGHER HIGH AND THEN WE WILL ENTER
HEROMOTOCO trade ideas
Hero Motocorp - Intraday Trade SetupHeromotocorp CMP - 2913.60 *High probability*
Looking bearish in higher time frame. One can go for Intraday Trade Setup with the following entry, exit & targets.
*Sell* At or Below 2900 / Stop Loss 2928
Target 1 - 2891
Target 2 - 2881
Target 3 - 2871 / 2861
Disclaimer: This is my view and for educational purpose only.