EICHER MOTORS ready to go to 5000!!! Great base formation.Look at the great inverted H&S. It's time to add Eicher motors in your portfolio and sit tight!! NSE:EICHERMOT
Eichermotors
BASIC CUP& HANDLE PATTERN_EICHER MOTORSHi,
I have shared Eicher motors weekly TF chart. here, we have found the clear CUP & HANDLE pattern...
pattern is shared only for educational purpose.
EICHERMOTEicher 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.
Eicher Motors Swing Trade 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
Eicher Motors: Towards New 52W HighEicher Motors: Weekly Chart
1. On the verge of B/O. New 52W high in view. Buy dips.
Eicher motor 3050 to buyBuy eicher motor above 3050, and hold for long term target 3600, short term 3100,
You may keep your eyes on this auto stock.
Nifty, Banknifty and top stocks analysis for tomorrow + levelsNifty closed above 16,200 thanks to RIL while Banknifty outperformed. What are your views?
TATAMOTORS Ascending triangle !!NSE:TATAMOTORS
#NSE:TATAMOTORS formed beautiful ascending triangle, chances for small pull back and bounce.
Short to medium term.
Happy LEarning !!
EICHERMOT Ascending triangle !!NSE:EICHERMOT
#EICHERMOT formed beautiful Ascending triangle !!
Happy LEarning.
EICHERMOTORSAs 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.
EICHER MOTORS - 6th July 2022Stock hitting Resisitance Zone 3000-2800.
Bears will try to dominate from here in pushing prices lower.
ASHOKLEY TL BO !!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.
All you need to know about Auto sector | Price action analysis I daily make educational content videos on finanical markets
Big Big HnSOn 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.
RELIANCE Cup & HandleNSE:RELIANCE
#NSE:RELIANCE formed beautiful cup & Handle.
Good above 2850
Happy LEarning !!
TVSMOTOR resistance BO 2.5%!!NSE:TVSMOTOR
#NSE:TVSMOTOR shared yesterday with BO LEvels and zooomed more than 2% today.
Check out the attached idea if missed.
Happy LEarning !!
Eicher Motor: Short Swing trade All levels are mentioned on the chart.
Please follow chart guidelines.
DISC: Please consult your advisor before making any financial decision.
Simple Trade Setup | EICHER MOTOR | 30-05-2022 [INTRADAY]NSE:EICHERMOT
Observations:
1) On 1 week time frame, it has come above the resistance channel and closed above it.
Please refer below chart : 1 week time frame.
Now make or break range is 2780-2800 range.
Sustainable breakout of this range will give good up move an if it fail to do it then it can come down to retest again this resistance channel.
So keep this stock on radar through out next week.
2) Below is the same chart but on 1 day time frame.
Please refer below chart : 1 day time frame.
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Trade Setup for 30-05-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
EICHERMOT - Looking strong EICHERMOT- looking strong. Can cross 2700 if another strong buying session happens. 2500 is key to watch. Below 2500 , can consolidate lower.
BAJAJ_AUTO BO Already bagged decent profits, marked nextNSE:BAJAJ_AUTO
#NSE:BAJAJ_AUTO resistance BO for postional
levels marked on chart for only practice.
Other stocks give for our friends results posted check.
Happy LEarning !!
Eicher motors view for next week 25/04/22.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 for the price action near the levels for confirmation.
