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HEROMOTO Long Target 3600+HEROMOTO seems to be forming a W pattern in longer time frames (Weekly and Daily). Recently the company had few positive news like announcement of electric vehicles early Y2022 and good rural demand because of good monsoon. Market has largely ignored the news till now and a up-move is pending. Any dip below 2738 would be a strong buy opportunity. Safe traders can wait for conformation of breakout till 3080 is broken. The wait time can be longer so if you are in hurry my suggestion is to review any long positions.
NSE:HEROMOTOCOLong
by jnanadarshan
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