Wanted to open this one up for discussion. Ive been monitoring this company for a while. A lot of people say go long but the technicals dont reflect what I would feel is a fair response to their reported numbers (summary is they beat market expectations). I think I will start monitoring the market depth more closely the next few days and accumulate positions in...
Again, I am new to this so I am just doing the basics. Have a look at my comments and share your thoughts.
HeroMotoCorp is in last leg of bearish bat formation. Might hit 3323 and 3409. Go long above 3255.
A weak stock, it has just retraced it fall in Dec month, and wil fall again with Nifty from Tuesday. Stay away from it.
Heromotoco is giving a short breakout,below 3196 it can go down to the 3160/3130 level if do not break 3222 level on upside.
Heromotoco is giving a long breakout, above 3198 it can go to 3229/3260 if do not break 3170 on downside.
HOPE DEMONETITION NOT IMPACT ON HERO AND MARUTI ACCUMULATION RANGE 2975-3025 FOR UPSIDE 3200-3250
Heromotoco giving long breakout above 2972 level, above that it can go to 3012/3060/3135 if do not break 2935 on downside.
Hero Motocorp after its long term uptrend journey broke at 3700.00, it seems to have turned bearish and trading touching down trend line resistance also retraced up to two fibo extensions now approaching to crucial 50% extension of fibo where we can see some change in this stock, trader may go short on this stock after a slight upward movement around 3370.00 and...