🚀 HEROMOTOCO – Breakout Holds Strong, Bulls in Control

Our earlier breakout call above ₹4,660 has been validated — the stock is sustaining higher levels, showing strong momentum despite a minor pullback today. 📉 Technical Snapshot ✅ Price continues to hold above breakout zone ₹4,470–₹4,480, confirming trend strength 📊 Volumes remain healthy, signalling continued institutional interest 📈 RSI at ~63 – momentum still positive, room for further upside 🔄 Trading comfortably above 10 & 20 EMA with both EMAs sloping upward – a hallmark of trend continuation 📍 Recent candles show higher lows – buyers defending dips 📌 Key Levels to Watch Supports: ₹4,530 (near-term), ₹4,330 (short-term base) Resistances: ₹4,750 (immediate), ₹4,850 (gap zone) Sustaining above ₹4,750 could push toward ₹5,050–₹5,100 in the coming weeks 💡 Outlook: The consolidation breakout remains intact, and as long as price holds above ₹4,530, the bias stays bullish. Pullbacks are likely to be bought into