Aug 02, 2012, 03.32 PM IST

Sell Hero Motocorp: Salil Sharma

Salil Sharma, Technical Analyst, Kapur Sharma & Co feels that one should sell Hero Motocorp.

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Salil Sharma, Technical Analyst, Kapur Sharma & Co feels that one should sell Hero Motocorp .

Sharma told CNBC-Awaaz, "One should sell Hero Motocorp with a stoploss of Rs 1,990-2,000. The stock may go down to Rs 1,910 in coming days."

The company touched its 52-week high Rs 2,278.50 and 52-week low Rs 1,737.00 on 02 May, 2012 and 09 Jan, 2012, respectively. Currently, it is trading -13.65% below its 52-week high and 13.27% above its 52-week low.

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Action in Hero Motocorp

Block Deals
Hero Motocorp Block Deal on NSE, Qty: 109,068, Deal Price: 1,653.15, Value (cr): 18.03, Time: 12:22pm May 24, 12:25
Block Deals
Hero Motocorp Block Deal on NSE, Qty: 50,000, Deal Price: 1,696.00, Value (cr): 8.48, Time: 09:31am May 21, 09:35
News
Bet big on July Discover launches, exports: Ravi Bajaj May 16, 20:00
Block Deals
Hero Motocorp Block Deal on NSE, Qty: 50,001, Deal Price: 1,700.00, Value (cr): 8.50, Time: 09:54am May 15, 09:55
News
Hero takes Karizma, Splendor & others to Central America May 15, 08:00
Block Deals
Hero Motocorp Block Deal on NSE, Qty: 45,960, Deal Price: 1,667.00, Value (cr): 7.66, Time: 09:44am May 14, 09:45
Block Deals
Hero Motocorp Block Deal on NSE, Qty: 32,000, Deal Price: 1,680.00, Value (cr): 5.38, Time: 10:30am May 08, 10:35
Views
Short Hero Motocorp with long term view: Nitin Jain May 07, 19:45
Views
See higher levels in Hero Motocorp: Sudarshan Sukhani May 07, 11:15
News
Hero MotoCorp sales down 10% in April May 01, 16:15
Views
Go long in Hero MotoCorp advises Sukhani Apr 30, 18:30
Views
Hold Hero Motocorp, says Sukhani Apr 30, 09:00
Technicals
Hero Motocorp closes above 50-Day Moving Average of 1607.20 today. Apr 29
Views
Hero Motocorp surges post March quarter result Apr 29, 10:00
News
Hero Motocorp up 5% as Q4 earnings surprise Apr 29, 10:00
Technicals
Hero Motocorp closes below 50-Day Moving Average of 1608.27 today. Apr 26
Views
Buy Hero Motocorp; target Rs 1800: Dolat Capital Apr 26, 18:45
Announcements
Hero Motocorp board recommends 3000% dividend Apr 26, 17:45
News
Hero MotoCorp Q4 net profit down 5% to Rs 574.3 cr Apr 26, 16:15
News
Hero Motocorp down 2% ahead of fourth quarter earnings Apr 26, 13:00

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Sell Hero Motocorp: Salil Sharma

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