After crossing the downtrend line, made a good rally to 3200 and after weekly doji in Dec2020, 2021 jan week made a good upmove.
Looking good for 3300 and 3600 levels.
This analysis is purely on price action and chart patterns.
Trade opportunity is for short term swing. But since the sector is expected to be bullish in coming years, it can be used for investment opportunity too.
Trade Strategy is explained in image itself.
Traders can either wait for the pull back and then enter at around 3573 and below *OR* Risk averse...
Hi Friends,
Today I am going to teach you a strategy that work for life time and applicable eternally. ✔
This strategy I learned from Greatest of great trader JESSE LIVERMORE.
What is it.
Go long on Strong stock or leader in the sector on first indication of uptrend in respective INDEX.
similarly
Go short on weak stock or laggard in the sector on...
Hero Moto Corp is at its 1D support , one can enter long from CMP with SL of 100 rs and Target for 200 rs.
1:2 risk:reward ratio
ONLY FOR EDUCATIONAL PURPOSE
