Looks like Hero has bottomed out.

Hero looks very attractive at these levels. Fundamentally sound company giving us a good price action to go long on this stock.

This a set up I will prefer. Why? Because even if this goes wrong I won't feel bad. A very small SL of 63 points (2700 or 2713).

Another indicator confirmation - Bullish divergence on a Daily timeframe. This is a weekly chart.
Chart PatternsDouble Top or BottomHEROMOTOCOheromotocorpNIFTYnifty50niftyautosectorrsi_divergencesectorTrend Analysis

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