📈 Current Technical Snapshot
As of the most recent close, Hero MotoCorp is trading around ₹ 6,174–₹ 6,175.
Medium‑ to long‑term moving averages (20‑day, 50‑day, 100‑day, 200‑day) are all below current price — indicating a bullish trend on daily timeframe.
Momentum indicators (e.g. MACD, RSI, CCI) remain positive in recent technical overlays — reflecting continued bullish bias.
🧭 What this means (short‑term bias)
As long as the stock remains above ~ ₹ 6,098–6,100, positive bias likely remains intact — supports may hold if there’s a pullback.
A break above ₹ 6,200–6,205 could open near‑term upside toward ₹ 6,250–6,300+ (near recent highs / psychological resistance).
On downside — if price breaks convincingly below ~ ₹ 6,000, next real support comes only near ₹ 5,995–6,000.
⚠️ What to Watch / Limitations
Technical levels are zones, not precise lines — price may overshoot briefly before reaction.
Market‑wide factors or news (macroeconomic, demand for two‑wheelers, policy, daily volume) can override technicals.
These levels are short‑term / 1‑day to few‑day oriented. For swing or long‑term holdings, combine with weekly / monthly chart analysis.
As of the most recent close, Hero MotoCorp is trading around ₹ 6,174–₹ 6,175.
Medium‑ to long‑term moving averages (20‑day, 50‑day, 100‑day, 200‑day) are all below current price — indicating a bullish trend on daily timeframe.
Momentum indicators (e.g. MACD, RSI, CCI) remain positive in recent technical overlays — reflecting continued bullish bias.
🧭 What this means (short‑term bias)
As long as the stock remains above ~ ₹ 6,098–6,100, positive bias likely remains intact — supports may hold if there’s a pullback.
A break above ₹ 6,200–6,205 could open near‑term upside toward ₹ 6,250–6,300+ (near recent highs / psychological resistance).
On downside — if price breaks convincingly below ~ ₹ 6,000, next real support comes only near ₹ 5,995–6,000.
⚠️ What to Watch / Limitations
Technical levels are zones, not precise lines — price may overshoot briefly before reaction.
Market‑wide factors or news (macroeconomic, demand for two‑wheelers, policy, daily volume) can override technicals.
These levels are short‑term / 1‑day to few‑day oriented. For swing or long‑term holdings, combine with weekly / monthly chart analysis.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.