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 Observations: 1) On 1 day time frame, it is below 200DMA and it gave good up move from 50DMA. 200DMA is immediate resistance and 50DMA is immediate support. 500DMA @ 2542.36 and 200DMA @ 2620.84 Please refer below chart : 1 day Time Frame. 2) Also On 1 day time frame, we can see formed perfect double bottom pattern and we can also see now...
I hope you can now see how EICHERMOT represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Disclaimer: It should not be assumed that...
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 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...
Eicher motor has completed a triangle at wave 4. After the 4th wave correction, the price has started moving upward. But we can't ignore the B-D line for accurate confirmation. I had published Eicher motor on 12 September 2021. Click Here:
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.
Eicher Motors - Cmp 2764 The stock is giving breakout from the triangular pattern. Looks good for long above 2775 for targets of 2900/3000 with a stop loss of 2700 on clbs.
∘ 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 .
triangle pattern breakout. Maruti and eichermotor both are looks good .
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
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...
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