Eicher Motor ,Head and shoulder pattern

2021년 4월 13일

Logic
1) H&S pattern formation
2) Major trend is sideways, (if we see for a long term trend )
3) Even after breakdown we have to wait for the supportzone, so taking a short call should be with confirmation.
4) 200 moving average is acting as support ,closing below it will intiate a fresh selling.
I am not recomending anything it is just an observations

2021년 4월 30일

노트

As expected ,taking support from the crucial support zone , read the 3rd poin i mentioned above

2021년 5월 4일

노트

2010 is the next major support for eicher if successfully break the support zone, as you can see it just shoot up more than 10 % from th support zone , keep eye on this support zone