Published on 18/11/2019 10:00:06 AM | Source: Religare Securities Ltd

Sell Hero MotoCorp Ltd For Target Rs.2460 - Religare Securities

Posted in Broking Firm Views - Short Term Report| #Hero MotoCorp Ltd #Auto Sector #Trading Report #Religare Securities Ltd

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Hero MotoCorp Limited (HEROMOTOCO)

HEROMOTOCO has been hovering in a narrow range while holding below the resistance zone of 200 EMA on the daily chart. It has plunged sharply lower today i.e. on November 15 and likely to see gradual decline from hereon. We thus advise initiating fresh shorts as per the mentioned levels.

Sell Hero MotoCorp Ltd Futs @ 2565-2580 SL 2630 Target 2460 CMP 2549


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