Hero MotoCorp - Wait for a pullback
A green hammer has formed at the monthly support. Overall, a heavy downtrend is seen. 
In the weekly, the Price turned sideways from a downtrend from April. There is a stiff resistance at 2750. Nothing is so bullish from the RSI.
In the Daily, price has broken the Trend Line but without good momentum.
For an entry long, I want to see good price action after a pullback to 2400 levels or 2350 levels in the 75 min time frame. As of now, I will not take a long entry.
In the weekly, the Price turned sideways from a downtrend from April. There is a stiff resistance at 2750. Nothing is so bullish from the RSI.
In the Daily, price has broken the Trend Line but without good momentum.
For an entry long, I want to see good price action after a pullback to 2400 levels or 2350 levels in the 75 min time frame. As of now, I will not take a long entry.
Not
As expected, pullback made to the Weekly support. No long entry yet
Chartered Accountant | Trader | Trainer
| afzallokhandwala.com
| afzallokhandwala.com
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Chartered Accountant | Trader | Trainer
| afzallokhandwala.com
| afzallokhandwala.com
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.