Education only. No Buy Sell suggestion. Strong support 2500,2490,2480. Possible for bounce from support. On BD, it will move towards 2412. Up T1 2580, 2610, 2640.
Eicher Motors is following very good price action and it is facing good rejections at 2600 levels making a proper Head and Shoulders pattern. If the neckline which acts as major support breaks a nice fall is expected with RRR of 1:2. Also, a breakout from the trend line is expected as it is continuously getting rejected from it and a breakout can give good targets...
NSE:EICHERMOT GOOD SUPPORT IS SEEN ON 30 MIN TF SUPPORT LEVEL OF 2525 TESTED 4th TIME AND A PIN BAR CANDLE FORMATION WITH GOOD INCREASE IN VOLUME. MUST ALSO SEE FOR THE RED SHORT TERM TREND LINE TO BE BREAK. EICHER MOTORS CAN BE GOOD FOR SWING OR POSITIONAL TRADING. NOTE - THIS IS JUST FOR EDUCATIONAL PURPOSE.
Swing Trading opportunity ! Weekly Chart Alert ! Fundamental is good because company is planning to launch their new models harley Davidson already announced that they are closing all ther stores and factories from INDIA i.e no Competition CMP =2560 Target = 2933 Stop-loss = 2160 or below Lot Size = 350 1) EICHER MOTORS just break the down trendline and...
Consolidation, High probability of giving a breakout
BO ABOVE 2390 WITH VOLUME MAY LEADS TO GOOD UPMOVE UPTRENDING STOCK ACCUMALATION ZONE IS BETWEEN 2154-1950(WHICH IS ALSO FIBBO RETRACEMENT LEVEL) ABOVE ALL IMPORTANT MOVING AVERAGE WEAK BELOW 1860
Script @ high resistance level of the year Stochastic Shows Oversold Above 200 ma says it’s been bullish trend IS IT THEN NOW ON VERGE OF BREAKING RESISTANCE AND GO FOR NEW HIGH I would enter @ 2350 with 50-60 pts stop to enjoy new high if comes And reverse the trade if opposite happens for 2200 as target. disclaimer do your own study before entering.
Hello traders, take a look at this chart. details and analysis everything mentioned in the chart. given in related Idea is a super successful trade similar to this. Thanks, Aniket.
EICHERMOT is in a bullish mood but there will be a gestation period for sometimes ... Please wait and follow the setup... Script Action Entry SL Tgt 1 Tgt 2 EICHERMOT Buy 2,270.68 2,217.78 2,323.58 2,376.48
eichermotors is at a good support. we can go long with good risk reward and limited stoploss.
Eicher Motor has formed Flag and Pole pattern. Stock is trading today with higher volume. Stock giving close above 2220 on 1 HR candle willl confirm Breakout and will try to move to 2400. stock has support around 2175 levels. PS: Chart and view is only for purpose of learning, Please consult financial advisor before any investment
Eicher Motors can touch 2600 in coming weeks. Closing above 2200 will take it towards 2600++. Refer chart for further details. Please do not invest blindly. This is my personal view. I may be wrong. Before investing, please take advise from your advisor.
Eicher motors has come up a long way from recent bottoms. It is still a strong candidate but needs confirmations. Scenario 1: It can retest its support bed (although week) range 2012-2065. If we see strong rejections from bulls then we can enter the positional trade. In this case the trade should be placed as follows:- Entry: 2050-2100 Target: 2400 - 2900-...
Im not an expert im just sharing my views on EICHERMOTORS for tomorrow Im not responsible for any profit or loss this is not a recommendation
Note: This is for educational purpose only. There is a channel bearish breakout with high volume. Moreover, RSI below 50 indicates loss of momentum.