Buy Hero MotoCorp with a target 2350-2400: Mitesh Thacker

This stock is closing at all time high levels. So, as long as the stock remains about 2230-2220, I would be positive on the stock and possibly look for rally.

In a chat with ET Now, Mitesh Thacker, Technical Analyst, miteshthacker.com, shares his views on Hero MotoCorp.

ET Now: On the charts Hero MotoCorp?

Mitesh Thacker: This stock is closing at all time high levels. So, as long as the stock remains about 2230-2220, I would be positive on the stock and possibly look for rally. But, I am not sure with bad news, if the stock comes crashing down. So, I will take a minor long over here not very aggressive, look for price targets of 2350-2400 and keep a stop below levels of about 2220.

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