🏍️ Hero MotoCorp – Rounding Bottom Breakout (Preemptive Positional Idea)
Hero MotoCorp has formed a clean rounding-bottom structure, and price is attempting a breakout on higher timeframes.
Post-results, some volatility or pullback is possible — but the pattern remains structurally strong for long-term accumulation.
📌 Why This Setup Matters:
• Classic rounding bottom breakout on weekly
• Strong long-term trend reversal formation
• Pullbacks likely but structure favours accumulation
• Ideal for positional / long-term investors, not short-term traders
• Stock may be volatile — patience required
📈 Positional Plan:
• CMP: ₹6000
• Stop Loss: ₹5180 (weekly structure SL)
• Target: ₹9170 (pattern target)
⏳ This is a positional idea. It will take time and won’t be a smooth straight-line move.
⚠️ Clarification:
This is an independent analysis based purely on technical & market study.
Religare Broking Limited is not involved in this view or recommendation.
📝 Important:
I am not responsible for any profit or loss. No fees are charged — purely educational.
📉 Disclaimer:
Not SEBI-registered. Please do your own research.
Hero MotoCorp has formed a clean rounding-bottom structure, and price is attempting a breakout on higher timeframes.
Post-results, some volatility or pullback is possible — but the pattern remains structurally strong for long-term accumulation.
📌 Why This Setup Matters:
• Classic rounding bottom breakout on weekly
• Strong long-term trend reversal formation
• Pullbacks likely but structure favours accumulation
• Ideal for positional / long-term investors, not short-term traders
• Stock may be volatile — patience required
📈 Positional Plan:
• CMP: ₹6000
• Stop Loss: ₹5180 (weekly structure SL)
• Target: ₹9170 (pattern target)
⏳ This is a positional idea. It will take time and won’t be a smooth straight-line move.
⚠️ Clarification:
This is an independent analysis based purely on technical & market study.
Religare Broking Limited is not involved in this view or recommendation.
📝 Important:
I am not responsible for any profit or loss. No fees are charged — purely educational.
📉 Disclaimer:
Not SEBI-registered. Please do your own research.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.