Eicher Motors on daily chart, stock price at Rs. 21,099 has given a breakout of Rounding Pattern at Rs. 20,660, indicate stock price can run another 2000 points. Momentum oscillator MACD uptrend is intact, which add more bullishness for the stock price.
Trader or investor can accumulate for the target of 23,099 with 20,660 stop-loss on closing basis.
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