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Hero Moto: Weeky, Facing resistance near D zone of AB=CD pattern

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HERO MOTOCORP LTD (NSE:HEROMOTOCO)  
Niftymovers  
NSE:HEROMOTOCO   HERO MOTOCORP LTD
Support and Resistance Fibonacci AB=CD heromotocorp automobile
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supportandresistance fibonacci abcdpattern heromotocorp automobile
HEROMOTOCO Weekly Chart: Hero just tested the 'D' level of AB=CD pattern (= 4100 zone) & facing resistance. Stock likely to test 0.618 of Fibo = 3236 level (Marked with white arrow). Bias remains bearish, But not safe to short as Risk Reward Ratio is not good here.
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