Hero Motocorp Ltd: How Ideal Falling Wedge Breakout Looks like

Stock has been in a downtrend and then gradually formed a strong base around 2300 levels with a clear RSI divergence.

Now when stock broke the Falling wedge Upper trendline then it also has retested the BO levels and consolidated for a while in the Zone of 2700-2800.

Now it will be a range BO + Falling wedge BO + String RSI (Above 60)

DISC: Only For educational Purposes.

Trade attivo

Trade chiuso: stop raggiunto