CURRENT STRUCTURE:WXY DOUBLE CORRECTION CURRENT LEG:WAVE Y(ABC) CURRENT INTERNAL STRUCUTRE: WAVE A COMPLETION
LOOKS LIKE EICHER MOTORS HAS COMPLETED IT'S WAVE A OF HIGHER DEGREE WAVE Y SECOND CORRECTION.PRICE IS MAKING HAMMER CANDLE STICK PATTERN WHICH IS A SIGN OF BULLISH REVERSAL.ALSO PRICE WISE IT HAS A SUPPORT OF 61.8% EXTENTION OF WAVE W @2340.
LONGS CAN BE INITIATED @ CMP OF 2345 WITH A STOP LOSS OF 2298 AND TGT OF 2485.
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