Stock Radar: Hero MotoCorp breaks out from descending trendline resistance; time to buy?
Hero MotoCorp has broken above a multi-month descending trendline with strong volume, reclaiming key moving averages. Analysts see bullish momentum continuing, recommending buying with a Rs 6,200 target over two to three months and a Rs 4,800 stop-loss.
Hero MotoCorp has broken above a multi-month descending trendline with strong volume, reclaiming key moving averages. Analysts see bullish momentum continuing, recommending buying with a Rs 6,200 target over two to three months and a Rs 4,800 stop-loss.
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