HEROHONDA (Rs 1755) - Stock has closed @ lowest level from March2010 and after a long time the stock has closed below 200DMA this is the first stock in Nifty which started to rally as early as Nov/2008 now showing signs for weakness is visible.
Tuesday, August 31, 2010
HERO HONDA and AUTO - AUTO ANCILLARY stocks to face the heat!
AUTO & AUTO Ancillary stocks to face most selling pressure as many stock start to trade below medium term moving average.
HEROHONDA (Rs 1755) - Stock has closed @ lowest level from March2010 and after a long time the stock has closed below 200DMA this is the first stock in Nifty which started to rally as early as Nov/2008 now showing signs for weakness is visible.
HEROHONDA (Rs 1755) - Stock has closed @ lowest level from March2010 and after a long time the stock has closed below 200DMA this is the first stock in Nifty which started to rally as early as Nov/2008 now showing signs for weakness is visible.
