July 2, 2015

Two wheeler stocks

BAJAJ AUTO: trending up nicely. All time high/ resistance is at 2700. Support 2400-2100.



Get delivery trades @ Rs.5,000/- pa. 


HERO MOTORS: trend is up and may reverse below 2480. Note very strong support at 2200 levels.


TVS MOTORS: trend is up and will reverse on close below 210.


Kamalesh P Langote
Research Analyst

Disclosures as per SECURITIES AND EXCHANGE BOARD OF INDIA (RESEARCH ANALYSTS) REGULATIONS, 2014:

  • I have long positions in the recommended stocks.
  • I /my family have no financial interest or beneficial interest of more than 1% in the company whose stocks I am recommending
  • I /my family have not received any compensation from the company where I am recommending a trade or investment.
  • I have not served as an officer, director or employee of company and have not been engaged in market-making activity of the company covered in the research report.
  • I have no material conflict in recommendations posted here.

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