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raj_rishav
Jul 22, 2020 4:24 PM

Hero - Evening Star + Hidden Bearish Divergence Short

HERO MOTOCORP LTDNSE

Description

Heromotoco has a very beautiful price action trading in the channel.
The stock made an evening star and closed at the value price.
It is also showing a hidden bearish divergence. Seems like its ready for the downward cycle!

Positional trades:
Short below 2750 for 2720, 2700, 2690, 2675, 2650 with SL at 2800

Since tomorrow is expiry, it would be a volatile & risky market !
I'll try to stay in green, exit on signs of reversal and re-enter.

Trade active

Comment

Sell triggered at 2780 following ORB

Trade closed manually

Trailing SL hit at 2760

Trade active

Buy triggered at 2805
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