Hero MotoCorp faced a trend-line resistance at a higher level of Rs 3,200. It saw a profit booking and slipped towards its previous breakout level of Rs 2,900, before resuming a new leg of rally.
Shares of Hero MotoCorp climbed over 2 per cent on Thursday to 3,025.50, its new 52-week high as the stock has gained more than 17 per cent in the last one month.