Hero Motocorp
The stock price has formed an Inverse Head & Shoulders Price pattern.
Volumes on bullish days have been higher than the volume during the fall, confirming strength.
Prices could now test its resistance zone placed between 2810 and 2890.
Bullish View remains valid as long as prices stay above Rs.2420 (low of the right shoulder).
Volumes on bullish days have been higher than the volume during the fall, confirming strength.
Prices could now test its resistance zone placed between 2810 and 2890.
Bullish View remains valid as long as prices stay above Rs.2420 (low of the right shoulder).
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