Right Angled Triangle pattern formation in Hero Motocorp

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Right Angled Triangle pattern formation is happening in Hero Motocorp stock. The resistance line is at ~2969.
If the breakout happens with good volumes then the stock could rally to 3160 level.
The pattern crossed the projected 1/2 length time period of the pattern so the breakout happening between 1/2 length and 3/4 length, supported by volumes, could be strong.

If breakout happens as per pattern then:
Target ~ 3160
Stoploss ~ 2969

Disclaimer: I am not a SEBI registered investment adviser. The study is purely for educational purpose and is my personal opinion. It is not a direct investment advice.

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