Eicher Motors | Head & Shoulder patterns | 2 Hrs

Dec 11, 2020

EICHERMOT
Swing Trading opportunity ! 2 Hrs Chart Alert !!!

--sell below =2502
--Target = 2401 | 2349.40
--Stop-loss = 2583
--Lot Size = 350
--R:R = 1.88
--Expected Profit = 50.000+ ₹ per lot ( 6% )

Technical Reasons to trade :- 🧢

1) head & Shoulder pattern formation in eicher motors
2) Neckline break with volume & retracement is also done
3) candle wicks on the upper side is very large ...more selling pressure
4) All the possible support & resistance is mentioned on the chart


Guys check out the related ideas as well, it will work really well GUARANTEED !

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Dec 14, 2020

Note

now @ 2430 safe can book some profit here

Dec 14, 2020

Trade closed: target reached

1st target done
sold @ 2502
1st target achieved @ 2401
35,350 profit running safe can book fully

Dec 21, 2020

Trade closed: target reached

2nd target is also achieved
50,000 per lot