DPElite

Hero Moto Corp - Ready for Breakout

Long
NSE:HEROMOTOCO   HERO MOTOCORP LTD
Hero Moto Corp is nearing a long term resistance near 2800 level. The stock is forming Cup and Handle pattern on a daily chart. The stock is trading with strong momentum due to sectoral momentum and is outperforming benchmark index. The stock if broke out of this level can see some upside till 2950 levels.
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