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radha_23
Mar 29, 2024 4:19 PM

Double Bottom Neckline Breakout - EICHERMOTΒ Long

EICHER MOTORSNSE

Description

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πŸ“Š Script: EICHERMOT
πŸ“Š Sector: Automobile
πŸ“Š Industry: Automobiles - Motorcycles / Mopeds

Key highlights: πŸ’‘βš‘

πŸ“ˆ Script is trading near Double Bottom Neckline which is resistance level 4010, and giving breakout of it.



πŸ“ˆ MACD and Double Moving Averages are giving crossover.
πŸ“ˆ RSI is around 61.
πŸ“ˆ One can go for Swing Trade.

⏱️ C.M.P πŸ“‘πŸ’°- 4019
🟒 Target πŸŽ―πŸ† - 4200
⚠️ Stoploss ☠️🚫 - 3921

⚠️ Important: Always maintain your Risk & Reward Ratio.

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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.

Eat🍜 Sleep😴 TradingViewπŸ“ˆ Repeat πŸ”

Happy learning with trading. Cheers!πŸ₯‚

Trade closed: target reached

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TARGET ARCHIVED 4290
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