Hero MotoCorp Update 10May (3May)

Since the last post about Hero MotoCorp on 3rd May, the stock has gained over 7% in a not so conducive (positive) market. The signs show a possibility of it reaching its target soon. This is not a trade recommendation. Please do your own due diligence/analysis.

The broader market has been consolidating for a few weeks now and may continue so until general elections before the next leg of escalation begins.