The stock showed a continuous down trend during the week. The trend presently in the stock is weak. The stock is now facing resistance at 1756 and has support at 1690. As the stock closed with negative biasness a further down movement can be seen in the stock once it breaks its support level. One may go for selling the stock once it breaks its support level.
Resistance2- 1926.03, Resistance1- 1825.22, Pivot Point 1769.13,
Support1- 1668.32, Support2- 1612.23
Sell HERO HONDA
Target - 1705 & 1685
Strict Stop Loss - 1732
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