FUNDAMENTALS: Eicher motors posted NEGATIVE results since 3 quarters and stock still makes 52-weeks high which doesn't look sustainable to me.
TECHNICALS : stock forming on top and trend reversal may happen .
My view : Eichermot may fall and I'll short ONLY below the Low of .
Trgt is near 2300
It may retrace back from 2300 and again start moving in Channel or it may break 2300 level and fall more.
PS: SHORTING ONLY BELOW 2500.