Eicher motor looks good for short term move of 12-15%. Moving in a harmonic triangle pattern and on the verge of breakout.
it has formed bearish bat harmonic pattern. it may retrace till 0.38%-0.50% of point CD.
bearish bat harmonic pattern in reliance. though not a perfect setup due to point CD is not matching the criteria but still can be consider. it may retrace to 0.38%-0.50% of point CD
though not a perfect setup. but it has formed bearish bar harmonic in 30min chart. it can retrace till 0.38%-0.50% of point CD.