It is on critical range 2040-2050.
I have given levels and target for safe trade. Otherwise you can use either of these levels to take trade on either side considering how price action is working in particular day near those levels.
Do comment if you have any doubt/suggestion.
I have mentioned 10 points targets only to keep the trade safe...
HEROMOTOCO WAS TRADING IN DOWNTREND FROM FEB21 TO JULY21 AND IF IT BREAKS DOWN TRENDLINE ABOVE THEN WE CAN SEE GOOD UP MOVE\
PLEASE RESPECT SL AS IF IT BREACK DOWN IT WILL FALL WITH SPEED
FUNDAMENTAL LOOKS GOOD AND AS SIMPLE TECH. ANALYSIS AM TAKING LONG POSITION
AM ENTERING WITH 5 QTY
TGT - 3400
AVG BUY - 2844
SL - 2735
LETS SEE HOW IT GOES, LET ME KNOW IN...
HERO MOTO CORP A retracement rally.
Currently in a downtrend, retraced and may continue to drop.
The nearest support is 2860, on the upside resistance is around 3000
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Updated on : 27-Oct-2020 12.00pm
Disclaimer: Only for learning purposes.
- Nse Intraday Stock Trends and Stock Market Tips