dont know what will happen, but most probably it will walk into parallel channel. trade accordingly consult your financial advisor before taking trade
Major trend of this stock is bullish. So we should look for buying opportunities and should buy only at right time. Once there is breakout on blue trend line with good volume. It will shoot up again,
This stock is lying above 200 EMA which is also a bullish signal. If it does not break trend line and shows green candle in first 30 minute of trade. Then one can think of going long, Disclaimer:- I am posting chart analysis for educational purposes only. Consult your financial advisor.
In my opinion , you may soon see a corrective wave in this stock.... Bearish trenf for short time
Eicher motors looks good on support. We can see it going upside if it makes reversal apttern on support