HEROMOTOCO Outlook for the Week (December 16, 2024 – December 20, 2024)
Hero MotoCorp closed the previous week on a negative note losing -1.37%.
Technically, Hero MotoCorp share price will see immediate support at 4,496.92 and immediate resistance would be seen at 4,657.07.
If Hero MotoCorp share price closes below immediate support of 4,496.92, then sharp breakdown can be seen. Hero MotoCorp share price will see major support at 4,418.38 for the week.
On the positive side, immediate resistance will be seen at 4,657.07. Closing above 4,657.07, Hero MotoCorp share price will see a sharp breakout. Major resistance for Hero MotoCorp share price will be seen at 4,738.68 for the week.
Trading range for Hero MotoCorp share price for this week should be between 4,336.77 on down side and 4,817.22 on up side.
Hero MotoCorp Previous Week Open: 4638.95
Hero MotoCorp Previous Week High: 4660.15
Hero MotoCorp Previous Week Low: 4500
Hero MotoCorp Previous Week Close: 4575.45
Hero MotoCorp Previous Week Range: 160.15 Points
Hero MotoCorp share price support and resistance for the week (December 16, 2024 - December 20, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 4,817.22 |
| Resistance 2 | 4,738.68 |
| Resistance 1 | 4,657.07 |
| Support 1 | 4,496.92 |
| Support 2 | 4,418.38 |
| Support 3 | 4,336.77 |
