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Saptagirinivasa

Eicher Motors - Positional Trade set up on weekly charts

EICHER MOTORS (NSE:EICHERMOT)  
Saptagirinivasa Updated   
NSE:EICHERMOT   EICHER MOTORS
Chart Patterns Technical Indicators
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chartpattern indicator
snapshot

ABOVE REDLINE - BULLS - LONG
BELOW GREENLINE - BEARS - SHORT

The stock will try to 2600 touch levels and may face stiff resistance. Go Long if price breaches REDLINE and sustains above on weekly chart.
Stop loss - Below redline - Weekly closing.

Short position - If price trades below GREENLINE.

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All the best
Trade active:
book 50 % profits. Trail the balance at cost
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