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RKMAURYA

Trading Idea on Eicher Motors

Long
EICHER MOTORS (NSE:EICHERMOT)  
RKMAURYA Updated   
NSE:EICHERMOT   EICHER MOTORS
Support and Resistance Supply and Demand Fibonacci
5
0
supportandresistance supplyanddemand fibonacci
EICHERMOT

Stock is near support level of 4200 level. Long may be initiated with Trailing Stop Loss near 4135 level. Daily close above 4320 may lead to stock to 1.618 Fibonacci extension level near 4595 level.
Comment:
Daily close above 4320. Heading towards 4600 target.
Comment:
Reached 4595 level. Trailing Stop Loss to be placed at 4490 and set for next fibonacci 2.618 level of 5225 level.
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