#BottomingOut

9 de set. de 2021

#HeroMoto looks like bottoming out on daily scale.

1. After a shakeout below 2740 stock gave PV Breakout.
2. Pullback to the breakout level of 2750 levels
3. RSIStairs broke out above 55 level and sustaining.
4. Stock brokeout above 20 DEMA and near 50 DEMA
5. 10/20 DEMA bullish crossover on daily scale.
6. TrendRider turned bullish with buy signal

Good to buy above 50 DEMA 2804. Add more on dips for a target of 2865/2910.

9 de set. de 2021

Nota

Disclaimer: All these stock ideas or trade updates shared here are for educational purpose only and completely non-advisory in nature. I am not a SEBI registered analyst and strongly recommend people not to trade in NSE / BSE / MCX market basis this ideas. Objective of posts is to educate and help members learn technical analysis and hedging techniques from my personal trade picks to reduce the risk per trade and save yourself from bigger losses.

All these trade picks are selected using technical analysis and price action (VSA MomentumInvest Trading Setup) and for my own trading purpose only. Technical indicators are lagging and may generate false buy/sell signals. Market is supreme and my views may go horribly wrong. Please don't consider these trade ideas as trading recommendations. You may consider it for learning or at max use it for paper trading. Strictly avoid it for trading using real money. I am not responsible for any kind of profit and losses arising out of the above calls. Stock market trading and investment is subject to market risks. Contact your financial advisor before taking trades (or trade at your own risk).

14 de set. de 2021

Nota

🟢 Stock broke out and up by 70 points. Now #TrailSL #RideTillEnd

16 de set. de 2021

Trade fechado: objetivo atingido

TradeUpdate

🟢 Both targets 2865/2910 achieved in less than two weeks. 4.5% gain.
🟢 Heromoto announced that they would be increasing price of their bikes.
🟢 Stock has given fresh price-volume breakout in daily charts.