SHORT EicherMotors : Retraced From Fibonacci 61.8 % Resistance

Based on Principles of Fibonacci Retracement and Extensions.

Period :Medium Term
Trend:Down Trend
Start Period and Price : 32766.60 / 31-Oct-17
End Period and Price: 28111.00 / 06-Dec-17

Based on Retracement From Fib 61.8 % Resistance Level

Entry : 30300-30250
Stop loss : 31367(Strict)
Target : 28630

Dec 25
Trade active: Entry at 30250
SL :31367
Jan 01
Trade active
Jan 01
Trade active: Near Target. Will approach target soon.
Jan 02
Trade closed: target reached
can we buy at current Level
30000ce @320
29500ce @450
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