HERO MOTOCORP LTD

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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.

Disclaimer

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