balaji_damo
Short

Eicher motor HNS pattern

NSE:EICHERMOT   EICHER MOTORS
Eicher motor has a fantastic bull run from 19800 level and appreciated 35% to 33000 level with not much correction.

The stock has formed a HNS pattern indicating trend reversal on the cards. One can initiate short as per the fibinocci retracement level at 23% for a target of 38%, 50% and 62%.
Comment: T1 reached
Comment: T1 not yet reached
Comment: T1 - Reached
Trade closed manually: 28506
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