It is completing its Wave B in triangle form.
It can move upto 4300-5400 levels.
This is weekly analysis so it may take time.
Be patient and hold tight!!
#DYOR
#NFA
Eicher motor has completed a triangle at wave 4.
After the 4th wave correction, the price has started moving upward.
But we can't ignore the B-D line for accurate confirmation.
I had published Eicher motor on 12 September 2021.
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Intraday traders and short-term investors can buy nearby sub-wave 4 of wave (3). NSE Eicher motors are making waves ((5)). We may see the following targets soon: 3005 - 3146 - 3223 - 3292
Invalidation: Wave 4 can never Exceed the starting point of wave 1.
Sub-wave 4 can't touch sub-wave 1 of wave (3).
If you have any queries or concerns, don't hesitate to ask...
