SHORT EicherMotors : Retraced From Fibonacci 61.8 % Resistance Short

EICHER MOTORSNSE

Description

⋅ Dec 25, 2017 10:22 AM

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

Trade active

⋅ Dec 26, 2017 4:00 AM

Entry at 30250
SL :31367

Trade active

⋅ Jan 2, 2018 3:43 AM

Trade active

⋅ Jan 2, 2018 5:38 AM

Near Target. Will approach target soon.

Trade closed: target reached

⋅ Jan 2, 2018 6:41 PM

Trend Analysis Fibonacci

Comments

gouthamreddy2010

⋅ Jan 2, 2018 4:29 PM

can we buy at current Level
30000ce @320
29500ce @450