2026-07-31 11:10:02 am | Source: Religare Broking Ltd
Stock of the day - Hero Motocorp Ltd Target Rs. 5710 - Religare Broking Ltd
Hero Motocorp Ltd
Buy CMP (Rs) 5325 Range* 5320-5325 SL Target 5120 5710
* HEROMOTOCO has confirmed a decisive breakout from a prolonged consolidation phase, supported by a notable surge in trading volumes, reflecting strong market participation.
* The stock has rebounded firmly from its 200 DEMA while sustaining above key short- and medium-term EMAs, reinforcing the prevailing bullish structure.
* Formation of higher highs and higher lows indicates sustained accumulation.
* Investors may consider accumulating the stock within the recommended buying range.
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