Eicher Motors - Positional Trade set up on weekly charts

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.

Thanks for watching.
All the best

Сделка активна:

book 50 % profits. Trail the balance at cost