Eicher Motors - 2nd Dec 2018

Eicher motor is in declining mode. This stock has outperformed in last 3 years. However, the stock is available at very high cost. The following is the next possible correction phases:

Break below 20014:

Target 1: 18200
Target 2: 16385
Target 3: 15263

Wait for a good price to buy at a lower level.