Eicher motor is near to all-time high, which will attract you to keep eye on for long-term investment or swing trading if we get a strong break out like M&M.
Strong Price breakout including RSI trend line breakout on weekly charts
Buy above/at - 3035-3040-3050
Stop loss - 2930-2925
Target - 3300
Disclaimer :- Please follow strict stop loss and only take quantity so as to loose only 1-2% of your total trading capital
#eichermotorrs #swingtrading #weeklytrade
As we can see Eichermotors is near yearly supply, so we can take small risk and short for decent rewards. Short near 2950-3000, sl of 3000. Target could be 2800-2600, if everything goes good.
NSE:ASHOKLEY
#ASHOKLEY TL BO, marked the chart with TL and Support, good above 146, chances for a pullback,
Post confirmation of sustainability chances to give good momentum.
On weekly timeframe a Head and shoulder formation is taking its shape, formation completes above 2990, one its closes and holds above 3000, long position can be initiated for at least target of 4800 in next one year.
