eichermotors

aditya1111 Updated 

Eicher motors has formed a head and shoulder pattern Trading below 200 dema if breaks the neck line downside can be seen

TRADEWITHFUN247 Updated 

Logic 1) H&S pattern formation 2) Major trend is sideways, (if we see for a long term trend ) 3) Even after breakdown we have to wait for the supportzone, so taking a short call should be with confirmation. 4) 200 moving average is acting as support ,closing below it will intiate a fresh selling. I am not recomending anything it is just an observations

Tejussharma

Short at the levels when levels executed.....

Dinesh_C_Nagpal Updated 

Unless the monthly candle manages a close above 15200 this bearish H&S breakdown is suggesting 11500-12000 (Ichimoku support + 62%) and if that gives way then all the way down to 5000. Please don't forget this is a monthly time frame outlook. It can take all the sweet time in the world to get there.

SocietyPlayer

Sell only below the red line,otherwise go long..its on strong support line

vinodhs77

Weekly probable range

French_Fries

Boys, Sometime switch chart to log scale. Not going to type whole story here. Ask me questions or give your feedback.

vinodhs77 Updated 

At support and chances of bounce back.