entry - 3040, sl- 2740
Heromotor on a verge of triangle breakout
after long consolidation it has move out from its range and also price is trading abv 200EMA. we may see 3250 in coming days. view negated below 2900 clbs
stoploss at 2900-2850. Target 3400
Rounding bottom, curve based recovery can be expected
Watch out for Here moto may give break out. Wait for retracement before taking any positions. For any Queries please leave a comment. [ Its our endeavour at Clear Trading to give you the best analysis of the Stocks. ] For educational purpose only.
Good buying opportunity for a positional target of 3400. Also, a must-have stock in the portfolio because of its good fundamentals. Can keep for long term as well. Please Like and follow! Happy Trading :)