Eicher Motor-Buying Opportunity ahead of Q3 results announcement Shock from US market absorbed reason Nifty is not ready to sell off beyond 17300 level due to their inflation crisis.
Our market business holding reasonable pace and growth ahead while all business are ready to come fully functional and ready to give a super q4 result ,while we have enough 1.5 month in hand.so buying opportunity will be missed if we loose this time as market will not give you another more opportunity by the time q4 will be ended.
This stock is in NIFTY 50 so Nifty 50 also gearing up for 18000+ as all the aspect of our market in is favor that will pull EICHER as well to a good level around 2800+ which is immediate resistance. Also the bookings for q4 are quite good for Eicher.
Comment
⋅
PLI Schemes approved for Eicher motors /Auto sectors company. A good news added.