a. Zone: Strong Bear b. Resistance 1: 22201 c. Resistance 2: 22763 d. Support 1: 19811(Double Bottom Bullish Pattern) e. Support 2: 18828 NSE:EICHERMOT
Note: This is for educational purpose only. There is a channel bearish breakout with high volume. Moreover, RSI below 50 indicates loss of momentum.
This is my first view on Eicher motor. After learning from the last 1 year. In Eicher motor one can go for short for 1 to 2 weeks. It shows the divergence on the daily candlestick pattern. target 1:- 18500-18400 target 2:- 17500-17300 target 3:- 16500-16300 correct me if I am wrong. Any suggestion most welcome thank you !!!
a. Zone: Moderate Bear b. Resistance 1: 19575.40 c. Resistance 2: 20060.75 d. Support 1: 19332.70 e. Support 2: 19251.80 NSE:EICHERMOT
a. Zone: Strong Bear b. Resistance 1: 20067.80 c. Resistance 2: 20517.75 d. Support 1: 19257.85 e. Support 2: 19167.85 NSE:EICHERMOT
YOU CAN ADD EICHERMOTOR IN YOUR BUY WATCHLIST. Entry Price: 18501 Stop loss:18436 Target:19280
Stock is on channel. Stock split news came up two days ago, and ADL also showing buying pressure.
Sell Eicher Motors at 13250 Stoploss 13700 Target 11650
Still unfolding here. We'll see where the dips become a Buy and Accumulate.
Stock is in an imp supply zone, might see some Bearishness.
EICHER MOTORS (Eicher Motors Ltd) SELL BELOW 16300
Buy EICEHR Motor for 3%+ profits (Educational Purpose)
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
TRADE FOR NEXT 1 FEW DAYS: SELL EICHERMOT (Eicher Motors Ltd) 19900