EicherMotor has given a Bullish englufing level and price is expected to rise in upcoming trading sessions.
On Weekly TF Eicher motor has made inverted hammer candle and I am looking to initiate short trade below 3325. If Eicher open flat on Monday then will initiate short trade below 3325, if open gap up then will wait for rejection around 3370 and then initiate trade this will give great risk reward. If open gap down then need to wait to take rejection around 3325...
Eicher motors closed below the 20 ema kn the weekly time frame with high volumes. On daily analysis the stock has also breaker down the support level of 3355. The stock seems to be in a down trend and can trade to even lower levels. 3 point confirmation. 1. Closed below 20 ema ( weekly time frame). 2. Retest of 20 ema and going below the resistance level on...
1. Eicher motors 2. Gail india Time frame daily chart Simple price action format
Eicher motors on the daily time frame has been trading in a narrow range of 50-60 points which is unusual of this kind of stock. The stock on the weekly time frame has tested its 20 ema and formed a hammer doji. The stock has been falling for 2-3 weeks and can give some retracement before continuing another leg. 3 point confirmation. 1. Taking support from 20...
I am extremely bullish on CNXAuto/NIFTYAUTO! It is forming a flag pattern Making higher highs with correcting RSI Current consolidation might last few more months Target 16000 Currently correcting on 4M timeframe Top constituents by weightage Mahindra & Mahindra Ltd. 20.36 Maruti Suzuki India Ltd. 19.97 Tata Motors Ltd. 11.67 Eicher Motors Ltd....
NSE:EICHERMOT seems weak to me. If it shows breakdown then 3k levels can be seen.
EICHERMOT Key highlights: 💡⚡ 📊On 1D Time Frame Stock Showing Reversal of Channel Pattern Pattern . 📊 It can give movement upto the Reversal target of above 3990+. 📊 Can Go Short in this stock by placing stop loss below 3490- or last swing low.
As per Price Action , Eicher Motor is ready for its downward journey.One Can sell Eicher Motors once it Retest Trend Line and Shows Bearish Candlestick Pattern. Targets are mentioned
EICHER MOTOR NSE:EICHERMOT is in a reversal trend and according to my conviction, this will hit 4150.00 level soon. One should take 3500.00 level as a stop loss. Get Daily Short-term tips on my app, Daily Intraday Stocks
Timeframe: Daily NSE EICHER motors have accomplished the corrective wave (4) and started forming impulsive waves (5). The price is currently forming sub-waves of the impulsive waves (5). Wave (2) was a sharp zigzag, so wave (4) formed the choppy structure triangle. Since wave (3) was an extensive wave, we cannot expect wave (5) to extend with a high...
NSE:GRANULES #NSE:GRANULES trading @ 1 year old TL and with the volumes showing may expect BO, May show good momentum if sustain above the TL.
Look at the great inverted H&S. It's time to add Eicher motors in your portfolio and sit tight!! NSE:EICHERMOT
Hi, I have shared Eicher motors weekly TF chart. here, we have found the clear CUP & HANDLE pattern... pattern is shared only for educational purpose.
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
Eicher Motors: Weekly Chart 1. On the verge of B/O. New 52W high in view. Buy dips.
The stock is on uptrend and will move further in near future