Hero MotoCorp share price: Anand Rathis says Buy with price target of Rs 3300
Anand Rathi said that the recent correction in the markets dragged Hero Motocorp stock from a high of Rs 3600 towards Rs 2800 mark which is almost 20% erosion from the top. Post this fall, the stock found support at the placement of ICHIMOKU CLOUD on the weekly scale and that could be a demand zone. Also we are witnessing a ‘Bullish HAMMER’ candlestick pattern on the weekly chart which indicates a possibility of strong reversal
Hero MotoCorp is India's leading two wheeler company. Hero MotoCorp is undoubtedly the biggest two-wheeler manufacturer in India, as well as in the global market too: Reuters