After an upswing prices of Hero Motocorp Ltd. started to trade sideways. A bearish engulfing pattern is observed and inorder to confirm the script is overbought we can use RSI indicator. Here it is observed that the RSI indicator has started dipping below 70 mark which can give a fair bit of idea to trader to expect the price to correct in upcoming sessions.

0 Comments

Leave a reply

©2024 | Rights Reserved | EQSIS | Terms and ConditionsPrivacy Policy

CONTACT US

We're not around right now. But you can send us an email and we'll get back to you, asap.

Sending

Log in with your credentials

Forgot your details?