Eicher Motors is on its way to create a expanding channel
Eicher motors, after completing a head and shoulders pattern on daily chart, now on its way to create an expanding and ascending channel. Presently a trader can catch the movement upto its upper channel wall. i.e upto approax 3600 price level, after which , it may return to the lower channel wall to 3400 price level. However this is not a trading recommendation and only for educational and analysis purpose.
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.