NIFTY 50 EOD ANALYSIS -05-08-21 IN SUMMARY Open / High / Low / Close 16288.95 / 16349.45 / 16210.3 / 16294.6 Trading Range Low to High: 139 points Likely Max Realistic Opportunity @ 50%: 69.5 points India VIX: 12.87 / --2.57% FII DII activities: +12 Crores CHART BASED CONCLUSIONS Nifty made yet another gap-up opening and yet another ATH close. Another...
EICHER - time for upmove. Oversold and accumulation zone. It should start rallying above 2620.
It is about to complete correction and move higher for new high. Projection for wave 5: First target : 3500 Second target : 3800 Third target : 4050 Invalidate level : 2450 Day TF s3.tradingview.com
Possible breakout on Downside..will wait for confirmation candle close. 2400 looks good round level. let see how it reacts! Evening Star formation on daily candle
Can buy for short-term as I see reversal in the daily charts. CMP 2596 Stop Below 2440 Target 2700 / 2800 / 3000
• Channel since May 2020. • Stock at Big time support. • Has the support of 200-day Exponential Moving Average. * Educational Purpose Only * NSE:EICHERMOT
NSE:EICHERMOT
Eicher motors just crossed resistance and had a small rally now formed dark cloud, it will fall now.
Details are given on chart. One should think of shorting below 18000 SL 19000 Target 15000
today EICHER MOTORS is Bearish Trend in intraday bases Sell Below 20757 with the stop loss of 21037.05 if you want make strong buy position buy above 20,942.82
Head and shoulder bearish pattern, Wait to break neck line
Keep Shorting Eicher Motor for Monday. Buy 2000 PE @ 350. T1 is 550
EICHERMOT make flag pattern keep watch Pattern does not consider in many stocks keep watch trade safe... if beak up then enter trade SL use for 2% Rule
Guys EICHERMOT buy opportunity waiting for a break resistance zone stay tuned for further updates... Disclaimer: The information contained in this presentation is solely for educational purposes. Does do not constitute investment advice. I may or I may not take the trade. The risk of trading in securities markets can be substantial. You should carefully...
Guys EICHERMOT ready to move up keep watch and take profit Disclaimer: The information contained in this presentation is solely for educational purposes. Does do not constitute investment advice. I may or I may not take the trade. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is...
NSE:EICHERMOT has formed bullish wolfe wave. Go positional go long for a target of 3250 with SL 26250
Buy Eicher motors for the target of 30000. Maintain strict SL of 26000 (or break of the red line).