Hero Honda remains in a downtrend: Ketan Kharkhanis, ICICI Securities

Ketan Kharkhanis, Head of Active Trader Service, ICICI Securities, in a chat with ET Now talks about Hero Honda.

What is the call on Hero Honda?

As far as Hero Honda is concerned, I think there is still some amount of downtrend still remaining in the stock probably at a 1615 or 1660 levels. That is where some value buying could start emerging in the stock, I think the stock still remains in a downtrend.