vanathi
Long

Hero Motors - Long term support!

NSE:HEROMOTOCO   HERO MOTOCORP LTD
374 15 15
Hero Motors has taken long term support at 3175 - 3185 level . RSI shows hidden bullish divergence . Hidden bullish divergence occurs when price is making a higher low (HL), but the oscillator is making a lower low (LL). Buy hero motors above 3190 with the stoploss of 3175. Targets are 3285, 3315 and 3340.
Trade active: @ 3190
Trade closed: target reached: All targets reached on 5/2/17.
bullish bat has already been formed on daily charts so your 3285 bounce should be achieved in few trading session
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@sandy, Yes thats why i gave this call. Thank you for sharing your view.
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Nice observation I will keep an eye on heromotoco
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vanathi Neeta-doifode
@Neeta-doifode, Ok, sure.
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I have a different view, but I gave you a like, any problem???? :D
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vanathi padiyaraa
@padiyaraa, No, Like is for my analysis. Different view is because of your analysis :)
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padiyaraa vanathi
@vanathi, That is a reasonable evaluation.
I raised this question purposefully, because,that may create a confusion,as at one place I am agreeing and same time I have posted a different view. Normally people are hesitant to press a like button.May be many are afraid to to put their pinon.
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vanathi padiyaraa
@padiyaraa, People are too "kanjoos" to click like button :)
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shiv2798 vanathi
@vanathi, I clicked now :)
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vanathi shiv2798
@shiv2798, Thank you :)
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