EICHERMOT Ready For Long RideEICHERMOT
Buy Above- 2860(Add More @ 2600)
Sl - 2450
Target - 3045 3350 3500
Buy on Chunks.
Eichermotors
EICHER Motor - BreakoutEICHER broke out of a resistance level. Entry upon retest would be a better RR trade.. in range 2780-2800 range.
EICHER MOTORS
Target:- 3315
Stoploss:- 2680
Stock has already break the resistance line on the upside and completed symmetrical triangle pattern, now showing a bullish candle. This is clear indication of good upseide breakout. So we can ride on that bull run.
Eicher MotorsEicher Motors - Cmp 2764
The stock is giving breakout from the triangular pattern. Looks good for long above 2775 for targets of 2900/3000 with a stop loss of 2700 on clbs.
Eicher Motors swing / intra day idea as seen in text of chart . do like and follow us for our encouragement , will be highly appreciable ! thank you
EICHER MOTORS SHORT COVERINGEicher motors kafi dino se trendline ke support se upar ja raha tha sur daily time frame par ek triangle form kar raha tha,, bahot probebility thi ki hame ek up side breakout milta sur mila bhi lekin!!! ekaek sellof aaya aur break out fakeout me badal gaya fir hamne niche ki aur breakdown diya aur hamne trend line ko regain kiya ,na sirf regain kiya balki trend line ke pas hame bar bar bullish candles mil rahi hai....
agar aap chahe to long tread initiate kare kyoki risk reward bhi yaha par 4R ka hai.
y ekoi recommandation nahi hai apne jokhim par tread kare!!!
Eicher Motar good to goEicher motor is ready for shorting if it closes below the marked price level
1) Latest close is below 200MA
2) Huge volume Expansion on latest Candle
3) Bearish candle at time of crossing 200MA
4) several months of support line breakdown if trade executed
You can enter with 50% of your capital if closes below on daily timeframe and add up rest when it retest the trendline
Swing trade∘ Eicher Motors Analysis
∘ Supply zone taking multiple times Resistance
∘ If zone break with high Volume go long Target marked in chart
Note : Always be extra cautious with breakout trade with confirmation .
EICHER MOTORSNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks...
Keep an eye ladies and gentlemen. Cheers and Happy Trading
Long opportunity in EICHERMOTORSAs they say history repeats itself in the markets too, earlier EICHERMOTORS has broke out forming ascending chart pattern with support zone being the long time demand zone, looks like it is forming a similar ascending triangle pattern again, Look for buy opportunities in case of breakout
EICHERMOTORS - Oversold EICHERMOTORS - Oversold and looking to consolidate. Accumulate for an up move
Eichermotor - Elliott wave analysis # complete cycleIt is about to complete correction and move higher for new high.
Projection for wave 5:
First target : 3500
Second target : 3800
Third target : 4050
Invalidate level : 2450
Day TF s3.tradingview.com
Eicher Motors - Short term opportunityEicher Motors looks good with a decent risk reward
A good pick for very short term
Levels and analysis is mentioned in the chart
If you found the analysis useful, give a like and show your support. Thank you!
Happy Trading!
Regards,
Segan
EICHER MOTORS HI in the pattern we can
1)double top or bottom
2) technical indicator
3)support and resistance
EMA 20 ,VOLUME
4)And also can see descending triangle
