Hero Honda can touch Rs 1190 in 2-3 weeks: Angel

MUMBAI: Angel Broking is bullish on Hero Honda Motors and expects stock to hit a target of Rs 1190 in next 2-3 weeks time.

���Hero Honda has given a 'Triangular' pattern breakout around Rs1094 levels along with positive crossover on RSI and Stochastic oscillators on the daily charts. This suggests a further up move in the coming weeks. Traders can buy this stock at current levels and on declines up to Rs 1094 with a stop loss of Rs 1078 with a target of Rs 1190 in the next 2 - 3 weeks,��� Angel Broking note said.