PrashantTaralkar

HINDMOTORS- Analysis

Long
PrashantTaralkar Updated   
NSE:HINDMOTORS   HINDUSTAN MOTORS
Buy above 17 or 18.5 with stop loss of 11

Expected targets - 23 then 31 to 34, then 40 then last stop will be 50

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Comment:
good movement today .. watch 18 for the breakout or reversal in coming days
Comment:
Perfect high of 18.10 today.
Comment:
If holding the position use stoploss of 18 or 16.5 on closing basis or as per your risk managment,
Comment:
First target Almost archived - today made High of 22.4 , keep trailing stoploss.
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