Eicher motors is at very important level in daily timeframe It has break the important resistance level now it can retest this level keep an eye
Weekly Chart #DREDGECORP NSE: DREDGECORP Short Term Quick Profit CMP 428.25 Target: 480 SL : 402 Timeframe < 45 Days ITS A BULL MARKET RALLY. Bullish on whole INDIA! Corrections followed by another high! Factors: Inverted Head & Shoulder Pattern Forming Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with...
> Stock has reversed its down trend and has given a breakout. > Trading above key moving averages. > Volumes look good as well. > Bullish RSI ***Tgram: Stocks101
On 4hr chart Eicher has given a breakout with a Tgt level of next Fibo Resistance of 2885. Trade with Trailing SL
Levels are given in the chart. BO level is 2710. Buy above the give level and daily candle closes above 2710. Disclaimer: This is educational purpose only. Please share your thoughts in the comments section below.
eicher motor is at a make or break situation last time on weekly chart my team predicted exact support zone from where exact reversal happen ,but now team is not sure about its direction. Please leave your view in comment
Stock has taken rejection from the S&R zone. Looks good to short below 2600 for quick targets of 2560, 2520 For confirmation, wait for 15-30 min candle close below the TL (Might take more than a session to hit the target) P.S. Ignore if stock opens big gap down
Eichermotors is ready to give a decent target of 14% in buy side. Initiate the trade from the given levels. Buy- Above 2720 SL - 2660 Target - 2865 2950 3050 3100 Note:- I am not SEBI registered . All Views and trade setups are my personal view and my personal trade setup. Do follow us Like Us Share with fellow traders Also check the below related ideas for...
Price formed a cup and it is all set to break.
Taken good support from 50 & 100 EMA with above average volumes.
YET TO CONFIRM FURTHER DIRECTION WAIT FOR DIRECTION THEN CAN BE TAKEN THE TRADE
Ready to fly,1st save target is 3065 or might be create new life time high this time.
Stock has been trading in a range which is getting smaller and smaller. Volumes have been decreasing all this month. If stock breaks lower TL (2400 levels) then can target 2375, 2355 and 2330 levels. Consider upside (1-2%) if upper trendline breaks and stock crosses 2485 successfully. P.S. As usual fall would be quite faster compared to the rise. Looks likely to...
Entire auto sector is seeing an UPTICK. TAMO, even after having a negative news is still bullish for the day. Good pick, for a quick bounce (SHORT TERM) could be MARUTI. Sl is closing basis Trade setup is mentioned on chart, active after getting a Breakout closing.
Eichermot broke out exactly at the 200DMA. Good zone for potential upside from here. Will be trading every rally for a couple more weeks. If nifty also starts to move it will be catalyst for Eichermot.
After the Head and Shoulder breakdown the price is now at a crucial support level. We may see a reversal from the current support to the trend line. Be prepared for an outcome on either sides. Can be a good trade on either sides if volumes are good. Wait for price action.
1) FALLING WEDGE PATTERN ( Reversal pattern ) 2)MACD DIVERGENCE 3) INCREASE IN VOLUME Eicher motor broke falling wedge pattern and we can expect upside move. Fibonacci 50,61.8 should be our two targets on upside. Trade at your own risk. Trade safe.