HeroMotoCo Ready For Upside Breakout
Technically on the daily charts we see major support on the downside @ 2625 levels, whereas major Trend Line resistance on the upside is capped around 2817 level.
If breaches minor resistance on the upside and closes above it, we may see fresh breakout and Stock can Lead towards higher levels around 2947/3093 and 3502 levels in Short Term.
Next major resistance @ trend line @ 2810/ 2825 level to watch.
Stock has been consolidating for good 20 days and Ready for breakout.
Rsi above 60 to be watched for momemtum on the upside going forward.
Above views For Educational Purpose Only.
Happy Trading
Regards,
MD .
If breaches minor resistance on the upside and closes above it, we may see fresh breakout and Stock can Lead towards higher levels around 2947/3093 and 3502 levels in Short Term.
Next major resistance @ trend line @ 2810/ 2825 level to watch.
Stock has been consolidating for good 20 days and Ready for breakout.
Rsi above 60 to be watched for momemtum on the upside going forward.
Above views For Educational Purpose Only.
Happy Trading
Regards,
MD .
Transaction en cours
Hero moto Fut Long @ 2718Trade fermée manuellement
Hero Moto Fut Covered @ 2715 ( trade Closed)
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Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.