hero moto
19/4 educational purpose only
sell at around 2300 / 2315 (20ma/hourly is at 2312.45)
sl above 2350 (50ma/hourly is at 2336)
targets around 2150 and lower if this support is broken (the pattern is a bearish ascending triangle with support zone between 2151 & 2154.80 so we may witness a big fall if this zone is breached on the downside)
*trend on daily chart is clearly a bearish lower high and lower low pattern
*trend on hourly chart is clearly a bearish lower high and lower low pattern
sell at around 2300 / 2315 (20ma/hourly is at 2312.45)
sl above 2350 (50ma/hourly is at 2336)
targets around 2150 and lower if this support is broken (the pattern is a bearish ascending triangle with support zone between 2151 & 2154.80 so we may witness a big fall if this zone is breached on the downside)
*trend on daily chart is clearly a bearish lower high and lower low pattern
*trend on hourly chart is clearly a bearish lower high and lower low pattern
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