HERO MOTOCORP LTD

HERO MOTOR- SUPPORT TEST

Hero Motor broke out of a crucial level at 2900 where multi month resistance was seen. Post that its rise was halted at 6K+ and now its testing a crucial level of support- 0.618 FIB level , break of which can be bad for the stock -mid term. Correction is heavy on this stock, should watch this level carefully over the next 2-3 weeks.

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