Stock Radar: Hero MotoCorp stock showing signs of bottoming out after near 30% fall from highs; check target & stop loss
Hero MotoCorp Ltd, part of the 2/3-wheeler industry, broke out from an inverse head & shoulder pattern on the daily chart after about a 30% fall from the highs.Short-term traders with a high-risk profile can look to buy stock for a possible short-covering move towards 5,200 levels, suggest experts.The 2/3-wheeler stock is in a bear grip. It hit a high of Rs 6,245 on 24th September 2024, but it failed to hold the momentum. The stock closed at Rs
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