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Eicher Motors | Uptrend Resumes with big bullish candle 🏍🚛Swing Trading opportunity ! Weekly Chart Alert !
Fundamental is good because company is planning to launch their new models
harley Davidson already announced that they are closing all ther stores and factories from INDIA
i.e no Competition
CMP =2560
Target = 2933
Stop-loss = 2160 or below
Lot Size = 350
1) EICHER MOTORS just break the down trendline and closed
2) Volume is more than sufficient
3) Uptrend Is continuing
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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COMMENT Below your view !
#Oct12 - ASHOKLEYThe stock has been consolidating for some time now. And also created a clear triangle pattern if broken can give an amazing momentum.
These are the levels:
Buy above 77.50
Sell below 75.10
Note:
Avoid the stock if a big gap up or gap down is seen
Enter after the breakout happens and not before it
Do not chase the market, i.e., do not get involved in late entries
Only enter with strict stop-loss and target
This is not a recommendation and is for educational purposes only.
always follow risk-reward and quantity management for the 100% of the times
Tatamotors ReversalTatamotors has been on an uptrend after the March lows. It has very well crossed the 200 SMA with good volumes. It is retesting the 200 DMA as well as the new trend line that it has created. If the markets go green today, I'm pretty sure Tatamotors will continue its uptrend. Also the Stochastic RSI is showing oversold. NSE:TATAMOTORS
Target: 150
SL : Just below 200SMA on a closing basis.
Bajaj Auto | Accumulation done with breakout | CMP = 2957.70
Target = 3273
Stoploss = 2797
lot size = 250
At a support zone shares are accumulated for nearly 7 trading days and now on the 8th day there is a breakout with decent volume
It can be false breakout also so be cautious before making trading decision
so we can see a good upside movement ahead
Show your support by like And comment om my idea .
Educational purpose only
MARUTI The daily chart shows a beautiful wedge pattern with a tilt towards upward breakout. The weekly chart has shown a MACD uptick yet again and with closing above a strong resistance with good volumes the short term perspective is bullish.
Key Resistance at 6550,6620 and 6750.
Key Support at 6150 and 6000
Happy trading
K
Buy Maruti at dipsMaruti is expected to take a small pull back downwards till 5870. So Start taking positions from 5945-5920-5895-5870 (Start taking positions from higher price, so that you do not miss the chance of entry in case price shoots high suddenly). The Maruti is expected to touch 6420.
A very small percentage of your allocation can also be invested at current price around 5990.
Entry range 5870-5990
Target price: 6420.
SL: 5848