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Forget Reliance Go Hero Honda

>> Sunday, January 18, 2009

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Stock : Hero Honda
CMP : Rs 844.7
1 Year High : Rs 898
3 Year High : Rs 940


Hero honda one of the bull stock in Nifty for the past 1 Year. May be the only positive stock in your portfolio.Charts shown here is a 3 year weeky charts with bullish EMA patterns. Stock shows all the possibilites of bull market
behaviour. Even stands above 200MA . Even Coppock Indicator Say Buy - Hero Honda

Possibly Hero Honda Could Test above 900 in 1-2 Weeks before a minor sell off begins as RSI-2 is near
heavily oversold levels.


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