Stock is getting ready for further upmove Long

NSE:EICHERMOT1D

EICHER MOTORSNSE

Description

⋅ Aug 5, 2021 5:08 PM

The stock is testing it's trendline and looks good for further upmove. Levels marked on the chart.

Chart Patterns

Comments

Rajasinghhhhh

⋅ Aug 6, 2021 8:50 AM

It still dint reached

tanya151181

⋅ Aug 6, 2021 10:09 AM

@Rajasinghhhhh, reached what?

Rajasinghhhhh

⋅ Aug 6, 2021 8:36 AM

Your channel on telegram?

Mr_Trader_Sahil

⋅ Aug 6, 2021 3:38 AM

yes forming

shilpawani

⋅ Aug 5, 2021 11:40 PM

Looks like it is also forming an inverted H & S pattern. Correct mam?

tksthathachari

⋅ Aug 6, 2021 5:41 PM

WIll take some time to breakout of these levels..Huge resistance still there at 2800 levels..If it now forms a triangle by showing a small pullback, then the breakout can be a good one..Let's see.

tanya151181

⋅ Aug 7, 2021 8:09 AM

@tksthathachari, have to wait for closing above 2800

tksthathachari

⋅ Aug 7, 2021 10:05 AM

@tanya151181, yes .a Weekly candle should close above 2800..Daily candle won't be enough

prasad46

⋅ Aug 6, 2021 1:38 PM

Last few day's on your call breakout not sustaining only PEL is sustain well and moving ahead. Ultimately i always trade on your call is awesome prize action !!!!

tanya151181

⋅ Aug 6, 2021 2:32 PM

@prasad46, Market is pretty side ways