∘ Eicher Motors Analysis ∘ Supply zone taking multiple times Resistance ∘ If zone break with high Volume go long Target marked in chart Note : Always be extra cautious with breakout trade with confirmation .
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...
Eicher Motor has given a breakdown of a Head and Shoulder formation on a daily chart. Right now the price is at a crucial level hovering in the Supply and Demand Zone. If this zone act as support then a pullback from the neckline and after a possible retest of S&D zone the peak of the shoulders Rs. 2700 will be our 1st target and after that, if bullish momentum...
Enter long in Eicher Motors at current levels (2515-20) as expecting pullback from current levels. Immediate resistance and Target will be at around 2580 and on the lower side expecting 2495 to act as Support also or SL if moves below that. LONG - 2520 TARGET - 2575-95 SL - 2490-95
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
On 24 Dec2020, Price broke the flag pattern at 2446 and reached the first target of 2616, now If we buy at price of 2777 then the target will be 3165 and need to keep the Stop Loss of 2393 based on 1:1 risk reward ratio. N.B discuss your financial advisor before you take trade or invest