Anany_shringi

Reaching Congestion Zone.

Long
Anany_shringi Updated   
NSE:EICHERMOT   EICHER MOTORS
Hello
Most people Do get Fascinated just by seeing last days 6% move and tempted to buy the stock,
I would really wanted to tell them please Never do this and if you do so and what if it ll Reverse from there, and You ll curse yourself that market is against you,
and That is not the Truth.



Anyways Here is a Update For you.
Congestion Zone 3646-3763

and As peer me 3300-3350 is Buy Zone

Place Your Stop Loss Below 2800 On WCB

and Look for target 4149 & 4960

so Basically it is a more then 1:2.5 when it go to 4960.

Its a weekly Timeframe Trade so Keep that in mind and Trade Safe.



All the best.

Gratify if you appreciate the practice then you can like it, share it and
If you want me to investigate any chart for you then would cherish doing that for you.
Thank you for your time and support.
Stay safe.
Comment:
3700 to 3511....
Comment:
again rejected from the rejection zone 3748 to 3436 till now,
again saying this simple pullback,
Will stick to the original game plan.
Comment:
Chart is following price action as per expectation till now , lets see what will it unfold in coming Months. :)
Comment:
please read the idea and as we can see target 1 is achieved, and yes we are heading for next target.

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