Tuesday 16 October 2012

HERO MOTOCORP

We can clearly see Morning Star candlestick pattern on the daily charts of Hero MotoCorp.We can also see that previously HEROMOTOCORP took support @ 1750 levels..so in that case one can sell 1750 OCTOBER STRIKE PUT @ 18 and simultaneously buying HEROMOTOCORP OCTOBER FUTURES @ 1785-1790. BUY BACK HEROMOTOCORP OCTOBER 1750 STRIKE PUT @ 5. HEROMOTOCORP OCTOBER FUTURES has a target of 1820.