Hero Moto-Forget It.Last Support at 2472,Break Next Target 2380-2350.

THERE IS A MASSIVE BUILD UP IN INVENTORIES AT HERO MOTOCOP-EXTENDING TO SOMETHING LIKE 7 LAKH VEHICLES OR 45 DAYS OF PRODUCTION. SOONER OR LATER PRODUCTION CUTS SHOULD OCCUR AT HERO AND ALL ITS DIRECT AND INDIRECT SUBSIDIARIES,,,SELL THE HERO GROUP, MUNJAL SHOWA, CASTINGS, RICO AUTO AND OMAX AUTOS.