Double Bottom Neckline Breakout - EICHERMOT

Updated
πŸ“Š Script: EICHERMOT
πŸ“Š Sector: Automobile
πŸ“Š Industry: Automobiles - Motorcycles / Mopeds

Key highlights: πŸ’‘βš‘

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

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

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

⏱️ C.M.P πŸ“‘πŸ’°- 4019
🟒 Target πŸŽ―πŸ† - 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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Happy learning with trading. Cheers!πŸ₯‚
Trade closed: target reached
TARGET ARCHIVED 4290
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