EICHER MOTORS--Near its Resistance??
Updated
observations:
---->>
A strong gap up is observed, and continue to moving towards resistance.
It is near to resistance, where previously strong fall happens. now look at the reaction at these levels to go further upside or downside momentum.
careful before going long, above this levels. (3750 level )
---->>
A strong gap up is observed, and continue to moving towards resistance.
It is near to resistance, where previously strong fall happens. now look at the reaction at these levels to go further upside or downside momentum.
careful before going long, above this levels. (3750 level )
Note
previous resistance failed to acts as support, look here for downward moment.keep your target1 as 3490.
Note
Fall from Supply zoneNote
Is coming near to supply zone for more fall, its trending downwards. keep track this levles @ supply zone and if demand fails huge fall happens and bottom gap fills.
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Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
--Educational Purpose Only--
--Not SEBI Registered--
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