The stock has taken a nice support from the weekly 20 EMA and has closed around the previous candle close. There is a resistance zone around 3950-3985. If this resistance is clear and price sustain above the level. There will be chance of stock touch its recent high around 4160 level. In case there is a pullback and price action near the support zone...
If trigger line crosses over 64.45, may reach to 72.81, Cash price 35-45- If trigger line crosses below 55.94, may reach to 45.94, option price 35--65
Eicher Motors has experienced a downward trend over the past few days, but has recently shown signs of support with a strong bullish candle. As a professional trader, we can consider taking a swing trade by going long on the open of the next candle. To mitigate potential losses, we will set a stop loss below the support zone with a reasonable buffer. This will...
Eichers Motors Weekly time Frame 50 ema Giving a Good Support And Fib Levels is on 50% RSI is also Not Week Keep IN radar
EICHERMOT is currently trading on the daily and weekly demand zones. On its weekly chart, EICHERMOT is getting support from the EMA 50, and on its daily chart, it is getting support from the 200 DMA. On the daily chart, we can see the formation of a double bottom and RSI Bullish Divergence. On the weekly chart, the "wave volume divergence indicator" shows that...
Eicher motors closed below the 20 ema kn the weekly time frame with high volumes. On daily analysis the stock has also breaker down the support level of 3355. The stock seems to be in a down trend and can trade to even lower levels. 3 point confirmation. 1. Closed below 20 ema ( weekly time frame). 2. Retest of 20 ema and going below the resistance level on...
Eicher motors on the daily time frame has been trading in a narrow range of 50-60 points which is unusual of this kind of stock. The stock on the weekly time frame has tested its 20 ema and formed a hammer doji. The stock has been falling for 2-3 weeks and can give some retracement before continuing another leg. 3 point confirmation. 1. Taking support from 20...
Eicher Motors: Weekly Chart 1. On the verge of B/O. New 52W high in view. Buy dips.
Eicher motors has taken resistance from a trend line. On a 4 hour time frame, the 20 and 200 ema has converged and a bullish candle a weekly time frame shows some bullish trend. Support:- 2570, 2455 Resistance:- 2720, 2760 Wait for the trend line break out and 4 hour moving averages cross over. Swing and intraday trades can be initiated on this setup. Wait...
Eicher has perfectly respected it 200 ema and a resistance level of 2570, The stock is trading between its 20 and 200 ema on a daily time frame. The stock has tested its level several time and if a candle close above the level of 2570 on a hourly time frame it can move further up. Support :- 2450, 2350 Resistance :- 2570, 2650 If the stock will break the level...
NSE:EICHERMOT #EICHERMOT formed descending triangle and trying to BO. All the key levels marked on chart for reference. Do reach me in case of any queries.
NSE:EICHERMOT As promised to all of you, Already given surprise and this is my Diwali Bonus to all my friends !! Once again Have a Happy and Safe DIWALI to you and your family members !!!! If you like the analysis share your happiness with your like and send your profit screenshots.
NSE:EICHERMOT Technically not broken the support and gap up with good volumes, got good numbers. Fundamental pick !! Happy Trading !!
NSE:EICHERMOT As one can see on chart, Eicher motors share heading towards harmonic support ones it enters in harmonic PRZ then wait for perfect reversal then only go for swing long as per your trade setup. ******whatever charts or levels sharing here are just for educational purpose only, not a recommendation. Please do...
Target:- 3256 Stop Loss:- 2813 Duration:- 8 to 10 Weeks The stock has already break the resistance line and test that resistance point again and used that as a support, showing a bullish candle, which is an indication of upside move. So we can buy this at market order. Use proper stop loss and maintain discipline throughout the trading period and use trailing...
Eicher Motos is near its previous high and about to give breakout from the pattern, Once can go long if it sustains above the upper yellow line on 15 mins time-frame for marked targets on the chart. To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
EICHERMOT Buy Above- 2860(Add More @ 2600) Sl - 2450 Target - 3045 3350 3500 Buy on Chunks.
Target:- 3315 Stoploss:- 2680 Stock has already break the resistance line on the upside and completed symmetrical triangle pattern, now showing a bullish candle. This is clear indication of good upseide breakout. So we can ride on that bull run.