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Vaishali Parekh is bullish on IndusInd Bank & Hero Moto; here's why

IndusInd Bank stock has managed to move past the 50EMA level of Rs 1,000 and improve the bias

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Vaishali Parekh Mumbai
BUY INDUSIND BANK  | CMP: Rs 1,029 | Target: Rs 1,150 | Stop Loss: Rs 970

The stock witnessed a slight correction recently and bottomed out near Rs 970 level, close to the trendline support zone. Currently, it has managed to move past the 50EMA level of Rs 1,000 and improve the bias. The RSI is well placed, indicating strength and with the chart looking attractive, we suggest to buy and accumulate this stock for an upside target of Rs 1,150, keeping the stop loss of Rs 970. CLICK HERE FOR CHART

BUY HERO MOTOCORP | CMP: Rs 2,833 |