2 year downtrend line 12% away
Quick All time graph for this since 2 wheeler demand is set to soar and this is lagging from the other bike segment shares thought why not check it out..
Would be interested in intra day for this as it is nearing the breakout from its long term downtrend line.
Maybe get a swing till 499 which is a decent trade from current 387.95 .
time frame most likely a few months hence more interested in catching the meat of the move closer to breakout .
Assuming one rejection at the very least from the downtrend line so let reassess from there with the Nifty should have breached 10750 by then or not :)
Would be interested in intra day for this as it is nearing the breakout from its long term downtrend line.
Maybe get a swing till 499 which is a decent trade from current 387.95 .
time frame most likely a few months hence more interested in catching the meat of the move closer to breakout .
Assuming one rejection at the very least from the downtrend line so let reassess from there with the Nifty should have breached 10750 by then or not :)
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