Long

Hero Moto Weds Harley Davidson !!

Updated

- This is one beautiful price action. One that we see in a textbook.

- 1.7 years of Pure range-bound market - Support and resistance respected.
- A retracement prior to breakout - Weak hands are moved out
- A strong breakout beyond the 3000 mark - The psychological level was no match today.
- Although, A sustenance above it is crucial for the momentum to continue.

- This had a role to play in today's momentum:
forbesindia.com/article/take-one-big-story-of-the-day/hero-and-hero-versus-hero-can-heroharley-take-on-royal-enfield/86337/1

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Retest complete. After a huge candle breakout, it is always wise to wait for a retest. The 3000 level will be a crucial point for the continuation of the up move.

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Monthly Timeframe

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A decent 7% is In !

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Another 3% Booster:

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Worked better than we thought. We still have a day for the weekly close.

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Passed through like a hot knife through butter

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TheChartereds

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