Analysis given earlier in Nov
Eicher above 18000 closing is good
Support @17700..17240
Closing above 18300 can take it to 18740...19000
Analysis now 18.11.15
But the stock did not give closing above 18000...and broke to 15000
To go up it has to trade above 16200...800 zone on closing basis
If the stock doesnot go beyond 16800
The selling pattern is showing it can fall to 14600 levels
Eicher above 18000 closing is good
Support @17700..17240
Closing above 18300 can take it to 18740...19000
Analysis now 18.11.15
But the stock did not give closing above 18000...and broke to 15000
To go up it has to trade above 16200...800 zone on closing basis
If the stock doesnot go beyond 16800
The selling pattern is showing it can fall to 14600 levels
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