Eicher Motors – Stock has hit 52 week highs in falling markets which clearly shows the strength.
Accumulate on every dip stoploss 1300 medium term target price 1600-1700.
Disclosure: We have a buy on Eicher, Berger and other stocks discussed and will be from a little lower levels or closer to current market price
Sensex supports at 16200-16400. Resistance at 16800-17300. Long term supports at 15400-15600.