HEROMOTOR - Ready for a Long Ride - Positional

On weekly charts Heromotor corp has bounced from the trendline support and each of those bounces have resulted in price movement of Rs 1350. Projecting a similar rally from current levels Heromotorcorp might be heading towards 4900 in Weeks to come. It is a long term positional Buy and target might get achieved by March 2018.

Looks like ready to fall.
Good analysis...
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