Based on my xMRSI-Progresser predictive trading methodologies, its going to be a GREEN candle on 17-Oct-2018 for HEROMOTOCO
Buy Above(5Min candle close): 2902.4 for targets -
Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you...
HEROMOTOCO gave a nice breakout after the result.
Now it has retested the resistance turned support level and reversed for a possible leg up, as long as it holds above sup_level
It can slam down the reversal_zone to retest the mini trendline
Top Green level still remains a good Breakout/Reversal zone
As per the multi year bollinger chart, in early 2014 price bounced off the support line (averages) and went on to reach new highs in long term.
Same scenario happened very recently and I'm very bullish with at least 3700 target in long run.