HeroMoto corp is trading at a discount of 27% from 52 week high. If anyone is looking for a medium-term or long term investment opportunity, it is a good buy at this price. The risk to reward ratio is 7:1. The target will be 3600. Some other bluechip stocks which are trading at discount from 52 week high are- 1) Mahindra-25% 2) Biocon-21% 3) Kotak Mahindra bank-20% 4) Tata motors-19% 5) Eicher Motors-19% 6) Airtel-19% 7) HDFC-18%
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