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Priyank Sharma

11th Feb 2025 · SEBI-Registered Analyst

HEROMOTOCO
Bearish View

HEROMOTOCO
Technical Analysis: On Time Weekly and above Price has made a strong Top Pattern between Jun 2024 to Oct 24 and Shifted Market Structure downside in September breaking Sept Low, which followed through continuation of the trend with breaking Nov Low as well. Now Price has retested Nov Low in the beginning of Feb and following the trend, where I think Price may find support in coming weeks below 4000 upto 3685 as shopwn in the enclosed chart.

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HEROMOTOCO_2025-02-11_10-09-49_acee3.png