Hero Honda is range bound: Ashwani Gujral, Market Strategist

On more positive news, it is easily possible that you will get levels of 2050-2100 from 1700.

Ashwani Gujral, Cheif Market Strategist, ashwanigujral.com in a chat with ET Now talks about Hero Honda.

How is Hero Honda looking purely on the charts?

It is basically range bound. If you buy around 1650-1700 levels, on more positive news it is easily possible that you will get levels of 2050-2100 from 1700. Strong companies, which have good cash flow, are often able to solve their problems. So once they are beyond this kind of news flow, they should be able to do well.
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