Hero motor looking good to short time buy. Currently moving to up trend . now its done correction face and given good breakout. short time target his hear
Nifty making an inverted cup and handle pattern and same as been done breakout downside. Already I posted a nifty upcoming view based on cycles and now this cup and handle pattern is confirmed further downside and previous cycle pattern activated . My expectation untiles this year nifty make lower low and new low once reached 12700 to 12800 range then bottom out...
As per technical nifty forming a downside descending channel and as per time cycle the market facing a good strenth and correction mood so that expectation is very high for 2020 and 2021 up move to be need for correction and that correction would be till 12729 my expectation and also that lvl is 0.5 % retracement lvl for the up move after completion of correction...