Wednesday, December 1, 2010

HERO HONDA - www.ashudutt.com

HERO HONDA - SHORT TERM: WEAK, LONG TERM: STRONG, PREVAILING BIAS: STRONG

Hero Honda seems to be headed to 1800. However, if it can cross 2050, its short and long term trends will be reestablished. The fall today indicated a big block of institutional sales. Usually if institutions sell in blocks, the trend is down

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