Possible downside and a buying levels of Eicher Motors

What I can see from the chart is a downward movement to 17050 - 14061 area. Those who wants to buy this stock can wait for some time and see how the price movement at this area as these are the intersection of many Support and Resistance hence very important levels. And once you get a clear buy signal/candle at these areas then you can go long. I see these level are best buy opportunities

Levels for possible buy are: 17050, 15128 & 14061

Notes: Comments are always welcome :)

Kommentar:

Entered into the range(first target) now. keep looking for best buy opportunity