the stock is at alltime high thus no lumsum amount can be invested but as the stock is fundamentally good i feel its a good stock to do SIP
(systamatic investment plan)
for long term
irrespective of bull and bear market
above is not recommendation , but just an idea of how i do invest or trade in a stock.
on daily chart HEROMOTO is looking strong and it just need average results to move higher and start a new bullish trend.
For Short term (till results out) target is 3400 with SL being 3100.
If results are good, buy on every dip for the targets of 3700, 4000 accumulate up to dips of 3000.