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2026-03-16 11:44:47 am | Source: Motilal Oswal Financial Services Ltd
Technical – Conviction Delivery Idea : Hero Motocorp Ltd For Target Rs. 4850- Motilal Oswal Financial services Ltd
Technical –  Conviction Delivery Idea : Hero Motocorp Ltd For Target Rs. 4850- Motilal Oswal Financial services Ltd

Hero Motocorp Ltd

(Mcap Rs 1,04,146 Cr.)

* Range breakdown on daily chart.

* Formed a strong bodied bearish candle.

* Higher than average traded volumes.

* RSI momentum indicator showing weakness.

* We recommend to buy the stock at CMP Rs.5209 with a SL of Rs.5388 and a TGT of Rs.4850

Buy Hero Motocorp Ltd CMP 5209 SL 5388 Target 4850

 

 

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