take short position in eicher motors
stock broke near major support line, it is expected to continue previous rally which is marked by arrow. stock is expected to be bearish in coming days which is supported by weak performance by auto sector in India as well as globally. Weak sales marked by auto giants in china is going to affect us.
The analysis is purely based on price action. No indicators have been used reg this projection.
The analysis is purely based on price action. No indicators have been used reg this projection.
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