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StockShaala

HERO MOTOCORP: Wedge breakout

Long
HERO MOTOCORP LTD (NSE:HEROMOTOCO)  
StockShaala  
NSE:HEROMOTOCO   HERO MOTOCORP LTD
Trend Analysis Chart Patterns heromotocorp wedgebreakout LONG positionalcall
2
0
trendanalysis chartpattern heromotocorp wedgebreakout long positionalcall
Hero MotoCorp has been in down trend for the last couple of years. It has been consolidating at a strong support zone forming a wedge over the last 4 months.
The wedge is now broken. It is certainly worth confirming the breakout is sustainable and then join the LONG ride!


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