Hero MotoCorp stock jumps over 4%

Technically the stock is on a verge of giving a long-term channel breakout if it manages to close above Rs3,710. Hero MotoCorp is the second highest open interest gainer since the beginning of the July expiry, adding 6 lakh shares in open interest, consisting of mainly long positions. Technically the stock is on a verge of giving a long-term channel breakout if it manages to close above Rs3,710. The stock is currently trading at Rs3,654.60 up by Rs151.9 or 4.34% from its previous closing of Rs3,502.70 on the BSE. The scrip opened at Rs3,518 and has touched a high and low of Rs3,665 and Rs3,489.65 respectively. So far 9,20,811 (NSE+BSE) shares were traded on the counter.

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