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Two stock recommendations by Gaurav Garg of CapitalVia: Buy Hero Moto, L&T

Hero Moto stock is witnessing a resistance breakout from its immediate resistance level placed at Rs 3,205.

The stock of L&T is witnessing a breakout from its bullish flag pattern | Photo: Shutterstock.com
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The stock of L&T is witnessing a breakout from its bullish flag pattern | Photo: Shutterstock.com

Guarav Garg Mumbai
Buy Hero Moto Corp (Above Rs 3,205)

Target: Rs 3,295

Stop loss: Rs 3,155

The stock is witnessing a resistance breakout from its immediate resistance level placed at Rs 3,205. Further buying momentum would be witnessed if the stock moves above Rs 3,205. Also, the stock is trading above its important moving averages. We recommend buying the stock above Rs 3,205 for a target of Rs 3,295, keeping a stop loss at Rs 3,155 on closing basis.

Buy Larsen & Toubro (Above Rs 1,185)

Target: Rs 1,255

Stop loss: Rs 1,145

The stock

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