Stock Radar: 40% down from highs! This 2-wheeler maker is showing signs of bottoming out. check target price, stop loss
Hero MotoCorp Ltd, part of the 2-wheeler maker, has plunged by about 40% from its recent high but is now showing signs of rebound which suggests that bulls are trying to regain control.Short-term traders with a high-risk profile can look to buy the stock for a target above 4,000 levels in the next 3-4 weeks, suggest experts.The 2-wheeler stock hit a high of Rs 6,245 on September 24, 2024, but it failed to hold the momentum. It closed at Rs 3,782
