ShelendrAgrawal

HeroMoto Corp Chart Analysis !!

Long
NSE:HEROMOTOCO   HERO MOTOCORP LTD
πŸ“ˆ Hero Moto πŸ“‰

My Findings :-
1. Breakout from a swing high and Resistance Zone.
2. Close above March high.
3. Higher High and Higher Low formation.
4. Auto Sector is in Uptrend.

Bias- Long
Target- 2646, 2792, 2933 and 3057
SL- 2242
RR- 1: 2


All Important Supports and Resistances are drawn in chart.

All levels are of Spot and on closing basis.

Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
Comment:
Trail SL to 2398
Comment:
Traget 1 of 2646 is done.
Comment:
Target 2 of 2792 is done
Trail SL to 2575
Trade closed: stop reached:
Trailing SL Hit

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