neerajlalwani081

HEROMOTOCORP Head & Shoulder Trade Setup (Long)

Long
NSE:HEROMOTOCO   HERO MOTOCORP LTD
As you can see in the chart there is a strong resistance of 2930,
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In previous trading days stock made head & shoulder pattern and then gave the breakout now again,
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Stock is making head & shoulder so in this condition there is two probability that can happen in this trade.
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1. Share tested three time 2930 levels, now it can be possible that in the next time stock can give the breakout.
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2. HEROMOTOCORP has made shoulder and then head and and then maybe share again make head and then give BREAKOUT.
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