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Eicher Motors Near Crucial Support

Long
EICHER MOTORS (NSE:EICHERMOT)  
vt_trader Updated   
NSE:EICHERMOT   EICHER MOTORS
Trend Analysis Harmonic Patterns Chart Patterns eichermotors EICHERMOT support resistence Trend Line Break supportandresistancezones niftytrend tatamotors swingtrading
18
2
trendanalysis harmonicpatterns chartpattern eichermotors eichermot support resistence trendlinebreak supportandresistancezones niftytrend tatamotors swingtrading
Entry:
We can go Long after close of strong bullish candle above the weak resistance zone. same time we will also get breakout above the trendline this would be a great confluence.

Stoploss:
We can keep Stoploss below the strong support zone.

Target:
We can keep Target 1 & Target 2 near the next resistance zones also these are important Fibonacci level.

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Trade closed: target reached:
Target 1 Archived ✅
We missed Target 2 by few points.
Exit Reason - RSI Bearish Divergence.
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