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breakdown breakout chartpattern eichermotors headandshoulders trendanalysis Less Tags Show All Tags
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Eichermotor 1hr Analysis
EICHERMOT
, 60
EICHERMOT: Eichermotor 1hr Analysis

Eicher Motors is following very good price action and it is facing good rejections at 2600 levels making a proper Head and Shoulders pattern. If the neckline which acts as major support breaks a nice fall is expected with RRR of 1:2. Also, a breakout from the trend line is expected as it is continuously getting rejected from it and a breakout can give good targets...

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