Hero MotoCorp technical analysis

According to the latest Pivot data, Hero MotoCorp’s immediate technical levels for the selected time period 5 minutes indicate key support and resistance zones that traders should closely monitor. The pivot point is positioned at ₹5437.33, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹5499.66, ₹5534.33, and ₹5596.66, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹5402.66, ₹5340.33, and ₹5305.66, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Hero MotoCorp’s price movement.