Eicher Motors Investment view
Updated
Stock has corrected from its highs. Resting at the support level. Has been picked up thrice from here. RSI already oversold and in the past eichermot has not maintained the oversold zone for long time. Todays candle has formed a doji and looks like a possible pullback on cards.
Buy at 26500 for a positional target of 28200 Stoploss shall be maintained at 25500 on day closing basis.
Buy at 26500 for a positional target of 28200 Stoploss shall be maintained at 25500 on day closing basis.
Trade active
27214 up 2.6% now. rally might have just started.Trade active
18% up and countingTrade active
target achieved. continue to hold and trail SL to 29100
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