Eicher motor is looking like creating a bulling morning star candle pattern in its weekly charts and also touches its double bottom level and expected to rebounce from
this current market level and found its immediate support around 18000 level.
from the Fibonacci retrenchment we can expect the upside target of 25400...
Time frame-8-12 weeks.
bank nifty showing that it has the strong immediate support @27150 on its daily charts and closed above its 21days EMA @ 27136 and framed it on lower on low and its expected to bounce back upto 27800 with in two days. hence buy bank nifty for the target for 27800.