Hero motocorp is moving in a range bound zone, technical indicates as long as stock stuck in between its range bound pattern trend will be mix with no clear direction. So far technical indicates that stock is trading on the lower side of its range if stock closes and holds below then sharp movement is expecting in coming days.
Even stock is witnessing selling pressure from 20 days moving average as shown in above graph this indicates as long as Hero Motocorp trades below bears will be favored. For more free share market tips visit our blog daily.
Few days back stock was in News
Hero Motocorp has launched the updated version on 2015 Passion Pro in the Indian market. The company has uploaded the pictures and brochure, according to the brochure the company has upgraded its engine to 97.2cc and also the 2015 model is claimed to churn out 8.24 bhp, it has also get new front mudguard, new LED tail lamp and alloy wheels and the starting ex-showroom price is around 47,650.
No comments:
Post a Comment