johntradingwick

Hero Moto - Potential Bullish Scenario

Long
NSE:HEROMOTOCO   HERO MOTOCORP LTD
Key Highlights:

1. Bullish market structure
2. Trendline breakout
3. Price moving in a channel
4. Major resistance: 3000
5. Support zone: 2464-2814
6. Target: 3077, 3224, 3382, 3583
7. Stop loss: 2840

You are always advised to use an appropriate Risk-Reward ratio as per your strategy.

P.S: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.

Rajat Kumar Singh,
B.Tech. (Delhi Technological University)
Community Manager (India), TradingView

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