Eicher Motors - Pennant Breakout

Updated
Eicher Motors, on hourly time frame we have seen breakout - pennant breakout. We can expect the price to move to 4300-4500. Other paramters:

1. MACD is making green histograms
2. RSU is positive above 60
3. Volumes are increasing

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Eicher Motors reached to 4184..upside of 8.5%..marching towards target!!
Chart PatternsPennant

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