Vaishali Parekh recommends buying Hero MotoCorp, United Spirits. Check why

The RSI has indicated a trend reversal for Hero MotoCorp, showing strength, and has signaled a 'buy' to suggest further upward movement in the coming days

markets, stocks, stock call, buy, sell, trading ideas, buy sell ideas

Premium

Vaishali Parekh Mumbai

2 min read Last Updated : May 10 2021 | 8:19 AM IST

BUY HERO MOTOCO | CMP: Rs 2,860 | Target: Rs 3,200 | Stop Loss: Rs 2,700

The stock has been in consolidation, maintaining a good support base near 2,740 level and currently has picked up momentum to improve the bias. The RSI also has indicated a trend reversal, showing strength, and has signaled a 'buy' to suggest further upward movement in the coming days. We suggest to buy and accumulate the stock for an upside target of 3,200 keeping the stop loss of 2,700. CLICK HERE FOR THE CHART

BUY UNITED SPIRITS | CMP: Rs 547 | Target: Rs 630-650

Topics : Markets Market technicals trading ideas from Prabhudas Lilladher Hero MotoCorp United Spirits Trading strategies Chart Reading technical charts

What you get on BS Premium?

Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
Pick your 5 favourite companies, get a daily email with all news updates on them.
Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
Preferential invites to Business Standard events.
Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.

VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in