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vasanthcse2005

Time to take profit in Eicher motors and wait for break out

Short
EICHER MOTORS (NSE:EICHERMOT)  
vasanthcse2005 Updated   
NSE:EICHERMOT   EICHER MOTORS
Trend Analysis Technical Indicators EICHERMOT eichermotors eichermotorltd shortsetup shorttrade
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trendanalysis indicator eichermot eichermotors eichermotorltd shortsetup shorttrade
Right at the resistance- It is always good to book some profits at resistance. I would like to wait for confirmation if breaking out. though I kind of lean towards break down. If it goes as per my plan I would like to accumulate at the specified accumulation range.
Trade closed: stop reached:
My short idea idea failed now. If it can sustain above then it has high chances to go higher. I would wait for the weekly close to make next steps. Cheers!
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