BAJAJ AUTO: trending up nicely. All time high/ resistance is at 2700. Support 2400-2100.
HERO MOTORS: trend is up and may reverse below 2480. Note very strong support at 2200 levels.
TVS MOTORS: trend is up and will reverse on close below 210.
Kamalesh P Langote
Research Analyst
Disclosures as per SECURITIES AND EXCHANGE BOARD OF INDIA (RESEARCH ANALYSTS) REGULATIONS, 2014:
Get delivery trades @ Rs.5,000/- pa.
HERO MOTORS: trend is up and may reverse below 2480. Note very strong support at 2200 levels.
TVS MOTORS: trend is up and will reverse on close below 210.
Kamalesh P Langote
Research Analyst
Disclosures as per SECURITIES AND EXCHANGE BOARD OF INDIA (RESEARCH ANALYSTS) REGULATIONS, 2014:
- I have long positions in the recommended stocks.
- I /my family have no financial interest or beneficial interest of more than 1% in the company whose stocks I am recommending
- I /my family have not received any compensation from the company where I am recommending a trade or investment.
- I have not served as an officer, director or employee of company and have not been engaged in market-making activity of the company covered in the research report.
- I have no material conflict in recommendations posted here.
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