trade_opportunities

Eicher Motors : Rounding Bottom

Long
NSE:EICHERMOT   EICHER MOTORS
Recent good sales numbers and the advance of 26% in Royal Enfield demand led the Eicher motor to recover from its 2400 Level to 2700.

Good Q3 results can lead it to further 2900 Levels on a positional basis for 2-3 weeks.

All levels with SL and Targets are marked on Chart.

DISCLAIMER: Please consult with your advisor before making any decision.
Comment:
Perfect Entry has been given at 2730 Today. Now trailing SL can be shifted to 2660 Levels
Comment:
Till now it is moved to 2875. The SL can be trailed to 2800 Levels now and Target order can be placed at 2900 Today itself.
Long-term investors can hold it for the long term or till results are announced for Q3.
Comment:
Target Achieved.

Cheer for investors !!!
Trade closed: target reached

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