Subashganesan

HERO MOTOR CORP LTD_HL TREND BREAKOUT?

Long
Subashganesan Updated   
NSE:HEROMOTOCO   HERO MOTOCORP LTD
Hero Motor Corp Ltd, past 12months down trend rally may come to the end. If weekly closing above the resistance at 12732, We confirmed the breakout in this week. Concentrate for the breakout. If price sustain above 2782 in weekly chart & begins new rally towards upward. Refer upcoming target 1&2.
Comment:
Hero Motor Corp Ltd, down trend rally continue due high rejection. Now its bearish control price move towards LL support.
Trade active:
Hero Motor Corp Ltd, Weekly closing comfortably breakout the trend line. If price sustain above 2778 in day chart, New rally begins towards upward. Refer upcoming targets.

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