Einstein15

HEROMOTCO Channel Breakout

NSE:HEROMOTOCO   HERO MOTOCORP LTD
HEROMOTOCO is moving in an up channel for long and an uptrend since 2013
Currently on its median, awaiting a breakdown/reversal.
very correct observation
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Einstein15 Devendra_0053
@Devendra_0053, Thank you!
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Devendra_0053 Einstein15
@Einstein15, as per my calculation this has to tocuh 3614 or +-20-30 points, then this may go for up for 4200.please confirm
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Einstein15 Devendra_0053
@Devendra_0053, yes. But those two candles on 4H chart, makes a DOJI on daily chart.So the battle is still on. ON the other hand, the first support seems right on the 127 Fib Ext of the leg down.
which is around the level you mentioned.
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