Hero Motocorp Limited
Short
Updated

HeroMoto Price Action Analysis - Daily TF

263
4 days of repeated attempts to cross 5900 seem to be getting rejected.
Upper wicks show 5900 levels as sellers area.
Last time we saw sell-off and immediate buying was near 5575 level.
The 5900 to 5600 can be seen with negative bias keeping SL at 5950.
Intermediate targets are 5750-5700 and final one is 5600
Trade closed: target reached
HeroMoto achieved all 3 targets today. Hope you were able to make some money.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.