Eicher Motor has formed a H&S pattern at the top of the price trend. Wait for break of the neckline before taking a trade.
Watch for overall Nifty Auto direction too before shorting.
Watch for overall Nifty Auto direction too before shorting.
This idea is for information only!
Mitesh
Mitesh
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
This idea is for information only!
Mitesh
Mitesh
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.