Right Angled Triangle pattern formation is happening in Hero Motocorp stock. The resistance line is at ~2969. If the breakout happens with good volumes then the stock could rally to 3160 level. The pattern crossed the projected 1/2 length time period of the pattern so the breakout happening between 1/2 length and 3/4 length, supported by volumes, could be strong.
If breakout happens as per pattern then: Target ~ 3160 Stoploss ~ 2969
Disclaimer: I am not a SEBI registered investment adviser. The study is purely for educational purpose and is my personal opinion. It is not a direct investment advice.