Chart Speaks -

HEROMOTOCO

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– Technical & Fundamental Snapshot 🗓️ Date: July 15, 2025 💰 Last Close: ₹4,454 (+4.75%) 📈 Technical Overview Chart Pattern: Consolidating in a rectangle between ₹4,200–₹4,500 on the daily chart. Breakout Watch: Price nearing upper resistance; a close above ₹4,500 could lead to fresh upside. 200-DMA: Closed above the 200-day SMA, signaling a bullish long-term trend. Indicators • MACD: Nearing a bullish crossover above the zero line – early sign of momentum. • RSI: Rising and approaching overbought territory, indicating strength. 🎯 Trade Plan Bullish Above ₹4,500 Target 1: ₹4,900 Target 2: ₹5,100 Bearish Below ₹4,200 ✅ Key Fundamentals Driving Momentum 🔹 European Entry Hero to launch in major EU markets (UK, Germany, France, Spain) by Q2 FY26 – a bold step in global expansion. 🔹 Rural Demand Recovery Improved farm sentiment, strong monsoon, and higher rural income have lifted demand in entry-level bikes. Hero gained 600 bps market share in this segment. 🔹 EV Growth Over 58,000 Vida EVs sold in FY25. Two new EV models and expansion to 200+ cities highlight its aggressive electrification strategy. 🔹 Sector Outlook Management sees FY26 growth in mid-to-high single digits. Tailwinds include softer rates, rural demand, and favorable weather. 📌 Disclaimer: For information only. Not investment advice. Consult a SEBI-registered advisor. 📌 Disclosure: Author is SEBI RA (INH000019309). No financial interest in the mentioned stock.