Heromotocoshort

Identify Strong Supply Zones & Set Targets with RRR Logic 📈HERO MOTOCORP LTD | 15-Min Chart Analysis 📆Date: June 3, 2025 Ticker: NSE:HEROMOTOCO Price: ₹4,205.00 Chart Overview: The chart shows a clear intraday rejection from a key supply zone followed by strong bearish price action. A decisive move below ₹4,220 indicates supply pressure. Two critical supply zones are marked: Possible Strong Supply Zone: 4225.30–4233.60 | SL above 4234 Possible Supply Zone: 4241–4247.20 | SL above 4248 Price is currently trading around ₹4,205, just below these zones, s

by simpletradewithpatience

Auto Index Nears Breakdown: Hero Motocorp a Top Short Pick ◉ Auto Sector Overview NSE:CNXAUTO ● The auto sector has recently experienced significant selling pressure, driving the index to hover just above its key support level at 22,000. ● However, there are concerns that this support level may not hold for long, potentially leading to a breakdown and continuation of the downtrend. In light of this scenario, short positions in select stocks within the sector could present a viable trading opportunity. ◉ Hero Motocorp Technical Analysis NSE:HERO

by GoodluckCapital

HEROMOTOCO Signaling Bearish Point Of View After years of rallying up, then it turns to a fall forming a double top pattern. When we draw from the high point to the low point using Fibonacci retracement, the 0.5 Fibonacci retracement level taken and continues the fall. "Note: I will maintain charts in a simple way. Only those with basic knowledge of technical analysis will be able to understand what I am posting."

by Trade_with_Bhanu