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HEROMOTO WAVE 3 IS ONN
HERO MOTOCORP LTD
Long
HEROMOTO WAVE 3 IS ONN
By WavesandZones
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Dec 28, 2023
1
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Dec 28, 2023
https://www.tradingview.com/x/RJGsSyBl/
Wave 1 is a 5 Wave Impulse Sequence Structure in 6 Month chart, and Wave 2 is a 3 Wave Correction structure.
https://www.tradingview.com/x/OVzOpWJI/
Wave 2 has retraced Wave 1 by 61.80% which suffices by the Elliot Wave Theory Correction rules.
https://www.tradingview.com/x/ud6d5s1h/
Now Wave 3 is on and as per the Elliott Wave Theory and Fibo Extension Levels 161.80% is the minimum Wave 3 achieves, hence projection is Rs. 7793.20.
Elliott Wave
heromoto
HEROMOTOCO
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heromotocorp
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heromotors
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Supply and Demand
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