Hero Motocorp: Inverted Head & Shoulder in making. CMP 2690. Potential Upmove Targets could be 2790, 2950, 3090. SL 2590. Personal Observation for Study Purpose only.
Weekly Chart looks bullish. Last week formed Green Hammer weekly candle indicating bullish nature. Weekly break out re-test done. Decent delivery based volumes for the past several weeks in the counter indicates delivery based accumulation at lower levels. Long term target could be 900+. Personal Observation only.
Sun Pharma: Weekly Arch Under Formation. Potential Up-move can lead to 900, 960, 1065,117, 1200. Arch completion at 1200. Post Arch Completion, long term could see 2100. Personal Study only.