HEROMOTOCO trade ideas
HERO MOTO ON VERGE OF GIVING GOLDEN CROSS AFTER JAN 2018 HEROMOTO CORP ON VERGE OF GIVING GOLDEN CROSS AFTER CORRECTION BEGAN IN JAN 2018 ...
RISK REWARD IS FAVOURABLE AND MOST AUTO STOCKS GIVING GOLDEN CROSS COULD BE A SIGNAL OF OUT PERFORMANCE OF THIS
SECTOR FOR NEXT YEAR .. IF CLOSES BELOW 2450 THEN VIEW NEGATES
Market expecting good booster doze from FM?Price preceeds the news. The entire Auto space has bounced prior to the FM announcement today. This is bullish behavior. Could be the catalyst for an uptrend in Nifty Auto Stocks!
2740 is my level. Buy Hero as long it closes the week above 2740. Target 3300.
511 SAN; w4 for micro targetDisclaimer:
Please consult with your financial adviser before making any trading or investment decision. Set-up provided here is for informational and educational purposes only.
This is not a sell or buy recommendation. We are not responsible for any gain or loss; Consult your financial advisor before your execution of trade.
There are heavy chance that most of the presented scripts does not meet set (described) entry conditions, as most of the posted analysis are based on Static ANalysis (SAN). Many times scenarios does not arise for good and ideal entry points. Hence needs personalized intraday techniques and strategies (PITS) are required for your entries and exists Always run with SL. WavoZen aims for microtrading, unless specified. Wavozen1 aims to publish real-time entries and exits.
Set-up presented here is for observational purpose only and most of the set-up designed by WavoZen is based on SAN for intraday purpose only to get the basic structure for intra-day short term or ultra-short term purpose only. Most of the set-up is valid for a day or otherwise mentioned. Hence requires your fine tuned personalized intraday techniques and strategies (PITS) based on Real-time Analysis (RT)/ Dynamic ANalysis (DAN) to get benefit from these structures or to have minimum loss, if wrong through your PIT Strategies (your trade plan). Overnight events, Gap-up opening, gap-down opening, news, major economic data release etc may impact the deviation from the assumed scenarios. If entry conditions and criteria are not meet, then we should not take any chance to enter on assumed scenarios. If there is a deviation in assumed scenario in time, speed and angle and these deviations will not encourages for entry as referred as entry not valid (ENV). Daily post appears on stocktwits.WavoZen. Abbreviations: PT1: Profit taking point 1; PT2 =profit taking point 2; SL: Stoploss point. ENT: Entry not Triggered; ENV: Entry not valid. Weekly Review : WR;
