EICHER MOTORS
On Monthly Basis Time Frame the Stock has given a Good BO in the Month of JULY of Pole & Flag Pattern on Chart and also a Good Multiyear BO on Weekly Time Frame & is in process for Monthly Time Frame (Close above 3348 on Monthly Time Frame will be done in current August month)
So as per Chart the Stock looks Good for Medium to Long Term Position as per the Levels given below:
CMP - 3367 or BoD 3000
Target 1 - 3906
Target 2 - 4464
Target 3 - 5022 +++
SL - 2580
Time Frame - Medium to Long Term for final Tgt
All charts posted here are only for EDUCATIONAL PURPOSE
Before entering into any Trade / Investment Position kindly consult your Financial Advisor
On Monthly Basis Time Frame the Stock has given a Good BO in the Month of JULY of Pole & Flag Pattern on Chart and also a Good Multiyear BO on Weekly Time Frame & is in process for Monthly Time Frame (Close above 3348 on Monthly Time Frame will be done in current August month)
So as per Chart the Stock looks Good for Medium to Long Term Position as per the Levels given below:
CMP - 3367 or BoD 3000
Target 1 - 3906
Target 2 - 4464
Target 3 - 5022 +++
SL - 2580
Time Frame - Medium to Long Term for final Tgt
All charts posted here are only for EDUCATIONAL PURPOSE
Before entering into any Trade / Investment Position kindly consult your Financial Advisor