Hero Honda is on declining trend now and will soon touch its next support line. Target - 3830
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Going on track
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3918 -> 3888. 30 point profit already
Hero is taking support at 3882/3888. Conservative traders can book partial profit here to minimize risk. Final target stays at 3830
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Stock doing great and expected to continue. I'm closing the trade due to sensitivitity in nifty. Stock may show unexpected result cause of that Profit: 3918 - 3788 = 130 (Stock did make a low of 3721 but let me take today's closing price (3788) ) If you traded in 1 lot then profit -> 130 * 200 = INR 26000