Bullish chart of Heromoto corp

Looking at the daily charts of Hero MotoCorp, the stock shows a Cup and Handle pattern. This suggests that after breaking through the resistance zone, the upward rally is likely to keep going in the next trading sessions. For traders, Rs 4,510 is an important support level, while Rs 4,950 is seen as a significant resistance level for short-term trading. If the price falls below Rs 4,510, it could weaken the uptrend pattern.