Hero Moto : Trendline Support

Hero Moto is standing at trend line support of 2450-2460. It has still not come out of downward momentum but 2460-2470 can be used to initiate a risky buy position with stop loss 2410 for 2700. Overall 1st sign of reversal will be seen only above 2595 and 2nd above 2760.

If it doesn't come to 2460 and before that move past 2595 then buy with stop loss of 2540 for target of 2720.


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