Hero MotoCorp is forming a saucer continuation structure on both daily and weekly charts.
Price is retesting the breakout zone around ₹6040 with low volume and small-bodied candles — a healthy momentum pause.
What’s strong:
• Trend intact (9/21/200 EMA rising)
• MACD bullish
• RSI holding strong despite flattening
• EFI above zero → buying pressure intact
• Weekly timeframe supports the same setup
Trade Plan:
• Entry: Close above ₹6040 with 2× volume
• SL: ₹5918 (ATR-based)
• Targets: ₹6442 → ₹6744
Trend remains bullish as long as price holds above 9/21 EMA.
Price is retesting the breakout zone around ₹6040 with low volume and small-bodied candles — a healthy momentum pause.
What’s strong:
• Trend intact (9/21/200 EMA rising)
• MACD bullish
• RSI holding strong despite flattening
• EFI above zero → buying pressure intact
• Weekly timeframe supports the same setup
Trade Plan:
• Entry: Close above ₹6040 with 2× volume
• SL: ₹5918 (ATR-based)
• Targets: ₹6442 → ₹6744
Trend remains bullish as long as price holds above 9/21 EMA.
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Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.