As of the week ending May 16, 2025, Hero MotoCorp Ltd. (NSE: HEROMOTOCO) closed at ₹3,853.90. Based on weekly technical analysis, here are the key support and resistance levels to consider for the upcoming week (May 19–23, 2025):
📊 Weekly Support & Resistance Levels
Support Levels:
S1: ₹3,756.60
S2: ₹3,659.30
S3: ₹3,583.60
Resistance Levels:
R1: ₹3,929.60
R2: ₹4,005.30
R3: ₹4,102.60
These levels are derived from standard pivot point calculations and can serve as potential zones where the stock might experience buying or selling pressure.
🔍 Technical Outlook
Immediate Support: A close below ₹3,756.60 may indicate further downside potential, with the next support at ₹3,659.30.
Immediate Resistance: A close above ₹3,929.60 could signal bullish momentum, targeting ₹4,005.30 and ₹4,102.60 subsequently.
Traders should monitor these levels closely, as breaches can indicate potential trend reversals or continuations.
📊 Weekly Support & Resistance Levels
Support Levels:
S1: ₹3,756.60
S2: ₹3,659.30
S3: ₹3,583.60
Resistance Levels:
R1: ₹3,929.60
R2: ₹4,005.30
R3: ₹4,102.60
These levels are derived from standard pivot point calculations and can serve as potential zones where the stock might experience buying or selling pressure.
🔍 Technical Outlook
Immediate Support: A close below ₹3,756.60 may indicate further downside potential, with the next support at ₹3,659.30.
Immediate Resistance: A close above ₹3,929.60 could signal bullish momentum, targeting ₹4,005.30 and ₹4,102.60 subsequently.
Traders should monitor these levels closely, as breaches can indicate potential trend reversals or continuations.
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Hello Guys ..
WhatsApp link- wa.link/d997q0
Email - techncialexpress@gmail.com ...
Script Coder/Trader//Investor from India. Drop a comment or DM if you have any questions! Let’s grow together!
WhatsApp link- wa.link/d997q0
Email - techncialexpress@gmail.com ...
Script Coder/Trader//Investor from India. Drop a comment or DM if you have any questions! Let’s grow together!
Related publications
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.