Get started
tanaynaff15

Looks like Hero has bottomed out.

Long
HERO MOTOCORP LTD (NSE:HEROMOTOCO)  
tanaynaff15  
NSE:HEROMOTOCO   HERO MOTOCORP LTD
Trend Analysis Chart Patterns Double Top or Bottom NIFTY nifty50 niftyautosector sector rsi_divergence heromotocorp HEROMOTOCO
3
1
trendanalysis chartpattern doubletoporbottom nifty nifty50 niftyautosector sector rsi_divergence heromotocorp heromotoco
Hero looks very attractive at these levels. Fundamentally sound company giving us a good price action to go long on this stock.

This a set up I will prefer. Why? Because even if this goes wrong I won't feel bad. A very small SL of 63 points (2700 or 2713).

Another indicator confirmation - Bullish divergence on a Daily timeframe. This is a weekly chart.
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.