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BULLISH on HEROMOTOCO (Positional)

Por Kunal-Battu
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HEROMOTOCO

HEROMOTOCO looks Bullish to me. The price is trading above the moving averages which indicates bullishness. The price had given a breakout from the trendline, and after that it consolidated and again gave breakout from a flag pattern. The MACD indicator has also given bullish signal. The RSI indicator is above 50 levels which indicates good momentum. I think its a good long for positional. The SL and Target is given in Chart.

Disclaimer : This my view and analysis. It is for educational purposes. It is not a recommendation, call or a tip.
Trade fechado: stop atingido
breakoutChart PatternsflagformationheromotocorpindianmarketindianstocksTechnical IndicatorsLONGpositionalTrend AnalysisTrend Line Break
Kunal-Battu

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