Eicher MotorsCan buy for short-term as I see reversal in the daily charts.
CMP 2596
Stop Below 2440
Target 2700 / 2800 / 3000
Eichermotolong
EICHERMOT LONG• Channel since May 2020.
• Stock at Big time support.
• Has the support of 200-day Exponential Moving Average.
* Educational Purpose Only *
NSE:EICHERMOT
Eicher motor LongOn 24 Dec2020, Price broke the flag pattern at 2446 and reached the first target of 2616, now If we buy at price of 2777 then the target will be 3165 and need to keep the Stop Loss of 2393 based on 1:1 risk reward ratio.
N.B discuss your financial advisor before you take trade or invest
