rJ-CycleWave

EICHERMOT - Elliott wave analysis - Buy set up

Long
NSE:EICHERMOT   EICHER MOTORS
EICHERMOT - It has completed impulse at last swing high and now correcting down the price. Within correction it is forming ABC zigzag up move, where B wave as expanding triangle is under progress. Buy the drop of e wave of B wave triangle near 2170-2150 zone for target around 2300. It may reverse than for (Y) wave down along with Nifty .

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