2024-08-06 10:35:53 am | Source: Religare Broking
Stock of the day : Hero Motocorp Ltd For Target Rs. 225 - Religare Broking
Hero Motocorp Ltd
* After a steady up move, HEROMOTOCO is now showing some signs of trend reversal.
* The stock has registered a breakdown from a distribution phase which lasted for over a month.
* It has also slipped below its short term moving averages suggesting weakness in trend.
* We thus recommend creating shorts through Put option.
Buy Hero Motocorp Ltd CMP 126.60 Range 123-127 SL 75 Target 225
Please refer disclaimer at https://www.religareonline.com/disclaimer
SEBI Registration number is INZ000174330
Disclaimer:
The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references.
To Read Complete Disclaimer Click Here
Latest News
Company Update : Rural Electrification Corporation L...
Centre disbursed Rs 964 crore to electronics sector ...
Krystal Integrated Services delivers strong financia...
Zupee Brings Salman Khan`s Signature Quirk to Its Ne...
Company Update : Bajaj Finance By Motilal Oswal Fina...
Centre notifies new Income-Tax Rules for non-residen...
Gold Advances to $2,750 Amid Trade Uncertainty and R...
Temperature Rise in North Won't Affect Rabi Crops by...
Company Update : HDFC Bank By Motilal Oswal Financia...
Pre budget Quote on IT Industry by Pradyumn Sharma, ...
