Here's why Vinay Rajani recommends buying Hero MotoCorp, Amara Raja

The broader trend for the Nifty remains bullish, with short-term support and resistance at 17,254-17,438 for the NSE index

Nifty consolidated in the narrow range for the sixth consecutive session to close at 17,382. Nifty registered a fresh all time high at 17,438 but did not sustain at higher levels. The range for the Nifty has been 17,438-17,254 in previous 6 sessions. This range would act as a short term support and resistance. Primary trend of the Nifty is bullish. 

Buy Hero MotoCorp (2,846) | Target: Rs 3,000 | Stop-loss: Rs 2,750

The stock has broken out from bullish inverted head and shoulder pattern on the daily charts. Jump in volumes has confirmed the price breakout in the stock.