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Kunal-Battu

BULLISH on HEROMOTOCO (Positional)

Long
HERO MOTOCORP LTD (NSE:HEROMOTOCO)  
Kunal-Battu Updated   
NSE:HEROMOTOCO   HERO MOTOCORP LTD
Trend Analysis Chart Patterns Technical Indicators indianmarket indianstocks flagformation breakout heromotocorp Trend Line Break LONG positional
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trendanalysis chartpattern indicator indianmarket indianstocks flagformation breakout heromotocorp trendlinebreak long positional
HEROMOTOCO

HEROMOTOCO looks Bullish to me. The price is trading above the moving averages which indicates bullishness. The price had given a breakout from the trendline, and after that it consolidated and again gave breakout from a flag pattern. The MACD indicator has also given bullish signal. The RSI indicator is above 50 levels which indicates good momentum. I think its a good long for positional. The SL and Target is given in Chart.

Disclaimer : This my view and analysis. It is for educational purposes. It is not a recommendation, call or a tip.
Trade closed: stop reached
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