hero motor corp... breakout level 1950

keep a watch on hero motor corp breakout 1950. this level also acts as a 50% fibonacci retracement line...
stock is currently trading at 1944... any closing above 1950 or sustaining above this level will set the higher targets... if stock breaks this level then it is likely to touch 1985, 2020, 2065
one can average at 1920 SL below 1900 on closing basis.
P.S. : i have already mentioned few days earlier that autostocks look positive to me. As bajaj auto n maruti has already given breakout. so it is interesting to watch hero motor corp breakout.