Hero Motocorp Long

Updated
Prices broke out of its strong supply zone (3044 - 3053) on 5th Jan and it has seen acceptance at that zone. This confirms a Trend Reversal for the stock. Price is expected to touch 3187. Any dips in price till 3050 should be looked upon as a buying opportunity.

The trade gets negated on an hourly close below 3040.
Trade closed: stop reached

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