HERO MOTCORP LTD
TTM/EPS;-Rs.218.19 (+16.85%yoy)
TTM/PE:-20.08 /SECTOR PE:-31.05
BOOK VALUE:-Rs.950.45
PRICE TO BOOK VALUE:-4.63
DIVIDEND YIELD:-3.75%
FACE VALUE: - Rs.2/
EQUITY: - 40 cr.
SHARE HOLDING PATTERN: - PROMOTER—34.70% ---FII---27.40%----DII---27.90%
& PUBLIC---9.90%.
All-Time High: --6246.25 made on 24.9.2024.
All-Time Low: --17 made on 4.7.1995.
Recent Low: - 3344 made on 7.4.2025.
Open---4450----High---4484---Low—4387.20---Close---4396.70 on 18.7.2025.
Support:4374.70/4350/4251/4190/4174.80/4168/4160.60/4158.10/4091.95/4000—3997/3929.85/3757.65/3725/3664/3495/3461/3344
Resistance:4414.65/4445/4470/4486.70/4522.95/4625/4673.25/4725/4779.75/4910/4949.05/4991/5127.50/5225/5266/5390/5411/5548/5594.95/5602.35/5660/52728.30/5775.70/5894.55/6145.95/6246.25.
(Bold and underlined figures are most important)
Technically it is shaping up well for a good up-move in coming times. Please note that at present it is moving in a very important range of 4523----4217-----4158 now, moving down if it holds the level of 4158 on the closing basis, then the chances of up move will be alive, else it may start to drift down and moving down the worst price level for the stock at this point of time seems to be in the range of 4030----3930, it is a strong bounce back range but if it moves below this range and sustain on the closing basis then it may witness an accelerated down move and it could retest its recent low of 3344 or may go below also. Similarly if it moves above 4523 and sustain on the closing basis then it will gain good strength and may surge ahead and then the broad upside target could be 4795----5137---5561---5665---6246.25(for in between target points see the resistance table on the upside), it can correct at any of these points and may resume the up move again, but if it moves above 5665 and sustain on the closing basis then it could retest its all-time high of 6246.25 or may go-beyond it also.
In view of the above observation small quantity can be accumulated on every decline but not below 4158 with a short & strict stop loss of 4000 on the closing basis but the authentic stop loss would be below 3930 on the closing basis. Please note that it may give a return of 25—40% or more in a time frame of 12-15 months.
NOTE: - DO NOT INVEST
WITHOUT STOP LOSS.
NOTE: - It is a technical assessment of the stock as of now, the
technical interpretation changes with the price movement and time, therefore it
has to be reviewed at regular intervals, furthermore investors are advised to look into
fundamental, financial details of the company because that too keeps on
changing and last but not the least management perception for the future of the
company before taking investment decision.
Disclaimer:-The view expressed here are solely of the author and he is not at all responsible in any way for the outcome of the trade you enter based on the above view. It is for the educational purpose.
Kindly note that make your cost your stop loss in favorable trade and then trail it as the price move up/down to gain maximum profit and avoid losses. Use support and resistance levels as entry, exit, target and trailing stop loss points. DO NOT TRADE WITHOUT STOP LOSS.
Note: Price stated here are of spot market.
Contact me for strategic guidance to enter and exit trade.
Thanks
Narendra Kumar Surana
Mobile—8240951127/9831313654.
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