EICHER MOTORS LTDShort
Eicher Motors - Head & Shoulder Pattern - Short
Dear All,
Eicher Motors has formed the Head & Shoulder pattern.
The script has broken the neckline but its was huge gap down it may retest to 2550
Hence, upon retest and script not closed above the neckline in the daily time frame
go for Short.
SL - 2721
Target - 1920 - 1900
Disclaimer: Kindly do your own analysis before executing this trade.
Eicher Motors has formed the Head & Shoulder pattern.
The script has broken the neckline but its was huge gap down it may retest to 2550
Hence, upon retest and script not closed above the neckline in the daily time frame
go for Short.
SL - 2721
Target - 1920 - 1900
Disclaimer: Kindly do your own analysis before executing this trade.
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