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.
Related posts:
- Berger Paints – Accumulate for medium term target 120-135.
- Sensex – Time to get range bound
- Gaps , NAV prop up – Sensex stages a breakout !-= Quick Technical Views – Axis Bank, Tata Motors, Grasim, Bank of Baroda
- Sensex Technical View and Technical Charts of Jain Irrigation, Deepak Fertilizers and TVS Motors.
- Berger Paints – Nice Range Breakout. Heading to 180
{ 2 comments… read them below or add one }
Just trying to learn your way of reading chart!
Is there a breakout in Gitanjali gems.?
kindly confirm.
Gitanjali is a breakout on charts but volumes are a bit dicy as well as the stock tends to give lots of false moves.