Hero motocorp has a Bullish breakout
Hero motocorp has a Bullish sloping trendline breakout, the chart shows support and resistance marked with horizontal lines. The breakout is supported by RSI trendline breakout plus increase in volumes in last few days. A support was found at 4450.
Immediate targets are 4725, 4944.
Disclosure: i hold the stock bought over last year.
This is charted for my own benefit and part of my learning and investing process, i am a retail long term investor.
This is purely a technical chart observation, please check the fundamentals before investing.
Immediate targets are 4725, 4944.
Disclosure: i hold the stock bought over last year.
This is charted for my own benefit and part of my learning and investing process, i am a retail long term investor.
This is purely a technical chart observation, please check the fundamentals before investing.
تم فتح الصفقة
Watchout for any breakdowns, as it retests the trendlines.تم فتح الصفقة
Careful as it is below the bottom trendlineتم فتح الصفقة
Stoploss at 4450, exit if closes below this on daily timeframeأغلقت الصفقة: تم الوصول لوقف الخسارة
stoploss hit, need to study again for the next move
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