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04 Nov 2026, 14:06 IST

Hero Moto

HDFC Securities Ltd · Buy · target 5650

The note recommends buying Hero Moto November futures at CMP 5362, citing long build-up in futures OI, price above 5 and 11 day EMA, and a breakout from a downward sloping trendline, with stop loss at 5140 and target at 5650 over a 1-10 day horizon.

From Untitled research note, written by HDFC Securities Ltd and hosted by HDFC Sky. Orivam summarised it; the view is HDFC Securities Ltd's, not Orivam's.

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