h24r24

EICHERMOT BEARISH

Short
NSE:EICHERMOT   EICHER MOTORS
EICHERMOTO Closing 3131.05 with stoploss 3190 then targets are 2810.

SELLING REASON.

1 --> Price Closing Below 200 EMA.
2 --> RSI is Break level 40 and Closing Below 40.
3 --> ADX is show the Bearish move and -DMI is Rise.
4 --> Volume is also show the Bearish move and Breakdown move Confirm.
5 --> Bollinger Bands Open in Negative Side.

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