Eicher Motors probability move for april and may 2023
PROBABILITY.
1) On daily basis eicher motors given break out, so this break out is near its resistance level 3213,
and on 45 min it is showing long wicks means bigh players are doing there profit booking.
2) so in coming few days it may retest it break out level again if retest and rebounds then definitely will move upside Till 3540.
3) and if it not sustains its break out level and moves down then definietly it will will 2815.
so wait and watch and take proper decisions.
(Note- this observation is for study purpose only)
PROBABILITY.
1) On daily basis eicher motors given break out, so this break out is near its resistance level 3213,
and on 45 min it is showing long wicks means bigh players are doing there profit booking.
2) so in coming few days it may retest it break out level again if retest and rebounds then definitely will move upside Till 3540.
3) and if it not sustains its break out level and moves down then definietly it will will 2815.
so wait and watch and take proper decisions.
(Note- this observation is for study purpose only)
Comment:
long target done as per analysis. trade over
Trade closed: target reached