Hero Motocorp ltd: Analysis

업데이트됨
Hero Motocorp is trading at breakout levels of 2890.20 in 1 hourly time frame, their is a high possibility of breaking out of this stock.
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Reason to buy for a weekly position:
1) Trend-line in the daily time frame is broken.
2) Triangular pattern breakout.
3) Upward momentum with good volume.
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Wait for price action then trade, current view bullish. Retracement Entry is suggested.
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Stoploss must be below swing low in hourly time frame or below the trend line i.e 2839.45.
액티브 트레이드
Acting as expected.
액티브 트레이드
Profit in progress.
breakoutFalling WedgeintradaytraderetracementSupport and ResistancetradeideatrendTriangleWedge

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