EICHER Motors Important levels for long term investment
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Eichermotors trading in a range and seems to be trying to move upside.
One can go long after breakout of this range with volume.
(FOR EDUCATIONAL PURPOSE ONLY)
NSE:TATAMOTORS
#NSE:TATAMOTORS trading @ resistance with good volumes, BO confirmation may give good positive momentum,
Post confirmation may try 480 CE
Why this Trade..??
1. FALLING CHANNEL
Buy or Sell based on the Support Break with Volume
Disclaimer:This view is purely for educational purpose and it's my personal.Please consult your financial advisor before attempting any trade.We're not responsible for any loss or profits.
NSE:EICHERMOT
#EICHERMOT formed descending triangle and trying to BO.
All the key levels marked on chart for reference.
Do reach me in case of any queries.
I see a Head & Shoulders in EICHER daily chart. It will take quite a few days to complete the pattern, but a trade at perfect time will give a huge reward!
I see a good swing trade opportunity….
NSE:EICHERMOT
Reasons for buying Eicher motors
1. Support from 400 days EMA
2. Oversold RSI
3. RSI Positive Divergence
4. MACD is about to crossover
5. Sales figures for the month are very good
6. Result is on 2nd Nov. Results are going to be good
7. Festive season pent-up demand
8. Very good Risk to Reward ratio
Buy Eicher Motors at CMP for the target of 20% on the up side...
NSE:EICHERMOT
As promised to all of you, Already given surprise and this is my Diwali Bonus to all my friends !!
Once again Have a Happy and Safe DIWALI to you and your family members !!!!
If you like the analysis share your happiness with your like and send your profit screenshots.
NSE:ASHOKLEY
#ASHOKLEY Consolidating @ Resistance and trying to BO the level, Post BO may result good positive momentum.
Post sustainability above the level may try 145 CE
If swing changes start falling down side may try 140 PE.
Check out todays charts and results to practice the levels.
Happy Trading !!
NSE:EICHERMOT
As one can see on chart, Eicher motors share heading towards harmonic support ones it enters in harmonic PRZ then wait for perfect reversal then only go for swing long as per your trade setup.
******whatever charts or levels sharing here are just for educational purpose only, not a recommendation. Please do...
Eicher motors currently at its 1day Trendline support along with 200 EMA.
One Good green candle can confirm this trade.
One can go long with Sl of 2.5 % for target of more than 14%
Eicher motor has completed a triangle at wave 4.
After the 4th wave correction, the price has started moving upward.
But we can't ignore the B-D line for accurate confirmation.
I had published Eicher motor on 12 September 2021.
Click Here:
AUTO & Pharma SECTOR are looking strong.
My best pick on Auto Stock is @Eicher Motor @2772
One can Take long Position in this Above @2780 SL 2750 Target 2855++2878++2930++3000.
Reason::: Daily Strong Support level@2750 :::RSI Near 30-35 Level:Also taken a support from 200MA on Hourly Timeframe::
This Trade Has Low Risk and high Return Possibility
This call is...
