🔍 Technical Breakdown
Daily Chart (Left): The stock has successfully validated a major ascending trendline support stretching back from April. Recent price action shows a strong bullish rejection near the lows, followed by a solid upward momentum push, setting it up for a potential continuation.
Options Chart (Right): Looking at the 26 MAY 2026 7400 CE (5-Minute chart), the option price has cooled down perfectly into a key demand zone, presenting an excellent risk-to-reward long entry.
🛠 The Trade Setup
Direction: Long 🟢
Option Contract: EICHERMOT 26 MAY 2026 7400 CALL
Entry Range: Around ₹55.00 - ₹56.00
Stop Loss (SL): ₹42.55 (Strict adherence to protect capital)
Target (TP): ₹69.70+
Daily Chart (Left): The stock has successfully validated a major ascending trendline support stretching back from April. Recent price action shows a strong bullish rejection near the lows, followed by a solid upward momentum push, setting it up for a potential continuation.
Options Chart (Right): Looking at the 26 MAY 2026 7400 CE (5-Minute chart), the option price has cooled down perfectly into a key demand zone, presenting an excellent risk-to-reward long entry.
🛠 The Trade Setup
Direction: Long 🟢
Option Contract: EICHERMOT 26 MAY 2026 7400 CALL
Entry Range: Around ₹55.00 - ₹56.00
Stop Loss (SL): ₹42.55 (Strict adherence to protect capital)
Target (TP): ₹69.70+
Get BTST Toolkit:
Contact below to get access ⬇️
✅Whatsapp: wa.me/919084286797
✅ Telegram: t.me/breakoutinvesting
⭐ Custom Indicator
⭐ BTST Calls
⭐ FNO Trades
⭐ Algo Trading
⭐ US stocks
Contact below to get access ⬇️
✅Whatsapp: wa.me/919084286797
✅ Telegram: t.me/breakoutinvesting
⭐ Custom Indicator
⭐ BTST Calls
⭐ FNO Trades
⭐ Algo Trading
⭐ US stocks
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Get BTST Toolkit:
Contact below to get access ⬇️
✅Whatsapp: wa.me/919084286797
✅ Telegram: t.me/breakoutinvesting
⭐ Custom Indicator
⭐ BTST Calls
⭐ FNO Trades
⭐ Algo Trading
⭐ US stocks
Contact below to get access ⬇️
✅Whatsapp: wa.me/919084286797
✅ Telegram: t.me/breakoutinvesting
⭐ Custom Indicator
⭐ BTST Calls
⭐ FNO Trades
⭐ Algo Trading
⭐ US stocks
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.