This Is The Detail Analysis Of The Eicher Motors Limited Which As Given The Breakout At Monthly TimeFrame.
PATTERNS:
1. HEAD AND SHOULDER. 2. FLAG AND POLE.
THE STOCK IS LOOKING STRONG AT MONTLY TIME FRAME, IT AS GIVEN BREAKOUT IN THE MONTH OF JULY AND NOW IT IS TRYING TO SUSTAIN ABOVE THE BREAKOUT LEVEL WHICH IS THE GOOD SIGN OF A CLEAR AND LEGIT BREAKOUT.