Eicher Motors Limited
Long
Updated

Double Bottom Neckline Breakout - EICHERMOT

516
📊 Script: EICHERMOT
📊 Sector: Automobile
📊 Industry: Automobiles - Motorcycles / Mopeds

Key highlights: 💡⚡

📈 Script is trading near Double Bottom Neckline which is resistance level 4010, and giving breakout of it.

https://www.tradingview.com/x/4pHiUErE/

📈 MACD and Double Moving Averages are giving crossover.
📈 RSI is around 61.
📈 One can go for Swing Trade.

⏱️ C.M.P 📑💰- 4019
🟢 Target 🎯🏆 - 4200
⚠️ Stoploss ☠️🚫 - 3921

⚠️ Important: Always maintain your Risk & Reward Ratio.

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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.

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Trade closed: target reached
TARGET ARCHIVED 4290

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