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Saptagirinivasa
30 Th12 2021 00:40

Eicher Motors - Positional Trade set up on weekly charts 

NSE:EICHERMOT1W
EICHER MOTORSNSE

Mô tả

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ABOVE REDLINE - BULLS - LONG
BELOW GREENLINE - BEARS - SHORT

The stock will try to 2600 touch levels and may face stiff resistance. Go Long if price breaches REDLINE and sustains above on weekly chart.
Stop loss - Below redline - Weekly closing.

Short position - If price trades below GREENLINE.

Thanks for watching.
All the best

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book 50 % profits. Trail the balance at cost
Chart PatternsTechnical Indicators
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