Hero Motor cop in a parallel channel. As per the Harmonic, it is in a reversal zone in the range of 2410 - 2440. I expect a high chance to broke down. If breaks upside and close above 2530 It will give good moves on an upside, for that it closing price should stay in the above of 2530 minimum 1hr candle.
#IGL : In this chart, the green color channel refer day and blue color refer 1hr channel and Harmonic (Gartley Pattern)
As per the Daily channel pattern, it is the bottom of the channel. Now it is testing 6th time. so it is a weaker high probability is it will break the channel.
1hr show it the bottom of the channel and formed a Gartley pattern. chance to move...
As per Harmonic, CIPLA forms a shark pattern. It will reverse from the box. And Another passible to reversal will happen price action but it is testing 4th times. it might be weaker. More cation on the short side and don't comparison/forget to place the stop loss