Mazhar Mohammad
After retracing 50 percent of its rally from the recent lows of Rs 3,445 Hero Motocorp appears to have resumed its up move after hitting a low of Rs 3,528.
The momentum in this counter shall pick up once it manages a close above Rs 3,624 paving way for a swift up move towards Rs 3,700 levels.
Hence, positional traders are advised to buy into this counter for a target of Rs 3,749. A stop-loss suggested for the trade is below Rs 3,500.
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