positionaltrading

Long Bias for Eicher Motors

Long
NSE:EICHERMOT   EICHER MOTORS
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2
Eicher can be a good long at this probable area. A good risk to reward at current levels. It could be held for short and medium-term swing. Watch out for Simple Price Action for confirmation of the trade.
Comment: Price Broke the Trendline with good volume. Price heading to 16K to the minimum. Look for favorable RR and can be entered for short.

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