WaveTalks

HeroMotoCorp- Reducing Volume & Crab can stop motor in 4250-4350

WaveTalks Updated   
NSE:HEROMOTOCO   HERO MOTOCORP LTD
First Long Above 4020 & Later Sell if faces resistance in 4250-4350 Zone.

A bearish crab "can" get completed in the zone 4250-4350. I never use incomplete harmonic pattern to predict as we never this will become true or fail but yes if at all it becomes true & moving above 4020 -If Hero Moto Corp Travels to 4250-4350 - One should be careful as we have reducing volume.
If It faces resistance then yes we look to sell in the range 4250-4350.
Trade active:
14:15 Hrs 16th Aug2017

Last Price@4040

Started moving above 4020 level- key level.
Trade active:
14:36 Hrs 17th Aug2017

Last Price@4014

If entered above 4020 & was taken for a ride to 3975 lows - time to exit close to entry price 4015-4020 & wait outside.
Comment:
15:29 Hrs 17th Aug2017

Last Price@3990

Sharp Fall to 3980.

Best Regards,
Abhishek H. Singh
​Growth Director - TradingView India

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