HERO MOTORCORP - BULLISH ABCD AND BAT PATTERNS

Hero Motorcorp is at an important demand zone. If the price bounces off of this zone, then consider taking a long position.

However, due to bad results if the price manages to slip below the demand zone, then open a short position.

The XABCD Bat pattern is already activated, if the price manages to stay above the demand zone, then we could see target B (2781)

Similarly, the ABCD pattern starts to form if the price closes below B (2636), the loop will close at the D (2506).

Please understand the logic and trade accordingly.

Happy trading :)

This is just for educational purposes.