Multi pattern breakout in Eicher Motors
Eicher motors gave a breakout from the falling wedge and the double bottom pattern that it was forming. The stock is currently taking support at its 50 and 200 ema and can be good upside potential in the near term with the possible targets being marked on the chart.
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.