Eicher motors downtrend is almost over as shown by the RSI comming to a suppot level, MACD recovering and eicher motors is at support itself which was a previous resistances. I believe this will be an upside trending move after crossing 2505 levels.
Buy above 2505 for the targets mentioned in the chart above.EICHERMOT
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Trade active
As per analysis Eicher motors gave a move of more than 3% today and we are still in the trade. The targets have not been reached yet as it is a whole new start of an uptrend so the Targets are quite big and still people are in good profit but I am still positive on the trade. Holding the position for the upcoming time. Please LIKE, SHARE AND COMMENT to support me. And do checkout our other trades which are performing good and according to the analysis done Godspeed.
Trade closed: target reached
Eicher motors 1st & 2nd Target is hit, One can book or also trail till the top as it will give a bog move I assume. Godspeed
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