The last 3 candles are formed with good volumes and today’s

Eicher Motors has been into a consolidation zone forming a triangle. The last 3 candles are formed with good volumes and today’s session managed a close above the MA. RSI is sloping up after bouncing from 40 levels. A strong breakout from the horizontal level will be positive confirming accumulation.
bharatjhunjhunwalaChart PatternseichermotorsTechnical IndicatorsprorsirectanglebreakTrend Analysis

Bharat Jhunjhunwala
MFTA,CMT,CFTe,MSTA
prorsi.com
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