Novicetrader2015

Eicher Motors - Monday Blues Ahead ?

Short
Novicetrader2015 Updated   
NSE:EICHERMOT   EICHER MOTORS
Stock has taken rejection from the S&R zone. Looks good to short below 2600 for quick targets of 2560, 2520
For confirmation, wait for 15-30 min candle close below the TL (Might take more than a session to hit the target)

P.S. Ignore if stock opens big gap down
Trade active:
Never reached our targets, can check for tomorrow. Ignore if crosses 2710
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.