NSE:EICHERMOT Add to your watchlist this stock trade in channel pattern so long as it's break the resistance we can get some move.
Hey Family, there is a one more stock Which is showing a great opportunity and formed a Symmetrical Triangle pattern, Stock break's resistance zone and retest the resistance zone, let's see breakout sustain or not. what is your view please comment it down. We are Certified. All views shared on this channel are my personal opinion and is shared for educational...
EICHER MOTORS (1D TF) - Swing Trade Analysis given on 27th Feb, 2024 Pattern: ASCENDING TRIANGLE BREAKOUT - Resistance Breakout - Done ✓ - Volume buildup at Resistance - Done ✓ - Retest & Consolidation - In Progress
Eicher motor is near its resistance level. We can plan for call side only above the resistance level, till then no entry..
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...
Eicher Motors on weekly charts looking good for such a big opportunity getting perfect support after breaking its major hurdle, good for swing as well as Long Term Investing KEEP ON RADAR
EICHERMOT, as of now, exhibits a promising trend with its stock trading within a rising channel pattern. Targeting the first milestone near the all-time high resistance of 4200. If the stock maintains its position above this resistance level, there is a possibility of witnessing a more substantial rally in the future. Investors may find this development intriguing...
Eicher motors after made a higher high and Consolidated, to kickout weak hands out, stocks came down for retracement. Wait for the levels mentioned to see PriceAction and Enter into trade with StopLoss. Good RR for Swing Trade.
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
If Trigger Line Crosses over 52.32, may reach 66.84, in cash 45-70 Rs. If Trigger Line Crosses below 43.65, may reach 34.25, in cash 22-30 Rs.
I believe there is a fantastic opportunity to take a bullish stance on EICHERMOT.
As seen in the chart, we can see that Eicher is consolidating from past 60 day between the price range of 3300-3400. Fastive season is coming, soo there are chances that it might go up📈. That my thoughts 💭. Share your opinion with me.
EICHER MOT broke out of descending channel pattern on an hourly charts with decent volumes. Could be bought with mentioned stoploss & target.
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...
Running flat forming in this stock look for breakout of c wave, find a entry to get long.
EICHERMOT broke through the resistance trendline on 15 MIN TF, formed three white soldiers. Looking for the further upside on it🚀
Entry: We can go Long after close of strong bullish candle above the weak resistance zone. same time we will also get breakout above the trendline this would be a great confluence. Stoploss: We can keep Stoploss below the strong support zone. Target: We can keep Target 1 & Target 2 near the next resistance zones also these are important Fibonacci level. Please...
Buy Eicher Motors (NSE:EICHERMOT) Buy Range- 3550 - 3575 Target- 3700 - 3750 StopLoss- below 3480 Potential Return- 4-5% Approx trade duration 7 - 8 days