Tuesday, June 28, 2011

Stock of the day : Hero Honda (buy)


Hero Honda was trading in a narrow range towards the end of yesterday’s session, and could resume its rally with market conditions remaining bullish today. It is a buy recommendation with a stop loss below 1,830. It would be best bought below 1,865.
The chart above is a 3-day 15 minutes intra-day chart for Hero Honda.

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