Hero - Evening Star + Hidden Bearish Divergence
Updated
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.
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
Note
Sell triggered at 2780 following ORBTrade closed manually
Trailing SL hit at 2760Trade active
Buy triggered at 2805
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