Aditya_Pal_Singh

Hero Motocorp: Head and Shoulder

NSE:HEROMOTOCO   HERO MOTOCORP LTD
Hero Motocorp formed a head and shoulder pattern on the daily chart . if the price gives a breakdown of the neckline then we may see a good downside move from here.

From investing point of view, the price has already corrected more than 30% from the march high that make this level a good point to add stock to the portfolio.

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