Eichermotors is ready to give a decent target of 14% in buy side. Initiate the trade from the given levels. Buy- Above 2720 SL - 2660 Target - 2865 2950 3050 3100
Note:- I am not SEBI registered . All Views and trade setups are my personal view and my personal trade setup.
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Eicher Motor has formed a head & Shoulder pattern on the uptrend in daily chart. It is currently rejected at the neckline. It is perfect to wait for the break above the neckline and retrace to the neckline(2720) for any long-side entry. Cheers on your analysis.