SumukhK

EICHER MOTORS - Accumulation Zone

Long
NSE:EICHERMOT   EICHER MOTORS
Eicher Motors had huge price expansion run from 4k to 33.5k
current fall is too hard for investors and at 12k it still doesnt makes a stop
fibonnaci levels suggest a possible stop at 10500-10600 levels completing 78% retracement
and to add some cushion one can considers price correction till 9700 levels
NOTE: One should consult their financial advisor before making any decision to buy or sell equities

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