HEROMOTOCO is closed at 1975.20.
Slowly the trend is reversing and the downward movement is speeding up. After
making an interim top in December 2013, it started coming down and today after
making a long upper tail it closed near the low. One can short this stock below
today’s low i.e. below 1963. One can set
the targets of 1942 & 1920 for
this short trade. A closing basis Stop Loss must be kept at 1990.
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