Hero Motors may slip to levels of 1970: Prakash Gaba, CFT, prakashgaba.com

In a chat with ET Now, Prakash Gaba, CFT, prakashgaba.com, shares his views on Hero Motors.

ET Now: What about some of the key auto players -- the likes of a Hero Motors ?

Prakash Gaba: Hero Motors has broken down. It went to a high of 2,220, it was exhausted there. Now it is a freefall. It can slide down to levels closer to around 1,970 also. The entire 2-wheelers pack is weak.