EICHER MOTORS Guys honestly tell me how many of you thought that "I might have entered at bottom and i have got maximum profit!" Don't worry now it's your chance to buy eicher motors at support levels. BUY EICHER MOTOR at CMP for Target=3000 SL=2400 holding period more than 1.5-6 months. ( Trade according to your own risk I am not responsible for any losses)
EICHERMOT trade ideas
Eicher Motors : Fibo Retracements and support levelsEicher motor is again at support retracement levels of 50% Fibo.
2 Gaps have been created on the chart and the price is ready to fill the gap. The stock has been rewarding in long run and continues to be in the coming times.
All levels are mentioned on the chart.
DISC: For educational purposes only. Please consult your advisor before making any bet.
SellEicher has taken out low of the big bullish candle. Thr is no buying on the same level. It is underperforming Nifty50 index on RS parameter. RSI has also broken previous trough and trading below 40 which is not a bullish sign. Price may correct nto 2527 and 2410. Upside 2785 should act as resistance.
Disc : it's not an investment advice to buy or sell