This is an analysis for the near term(1-2 Quarters) Do you think it may enter back into the trend, is there some fundamental changes to the company?
Do comment below, in my opinion it is quite possible, its a lower risk to invest as the price is quite low(using "The intelligent investor" logic), my view in the short term is mildly bearish neutral considering the...
Eicher motors has come up a long way from recent bottoms. It is still a strong candidate but needs confirmations.
It can retest its support bed (although week) range 2012-2065. If we see strong rejections from bulls then we can enter the positional trade.
In this case the trade should be placed as follows:-
Target: 2400 - 2900-...